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Crédit Agricole Italia

Crédit Agricole Cariparma
Crédit Agricole Italia
Native name
Crédit Agricole Cariparma S.p.A.
Formerly called
  • Cassa di Risparmio di Parma
  • Cassa di Risparmio di Parma e Piacenza
Subsidiary
Industry Financial services
Founded
  • 1859 (as C.R. Parma)
  • 1991 (as C.R. Parma S.p.A.)
  • 1992 (as C.R. Parma e Piacenza S.p.A.)
  • 2007 (acquired by Crédit Agricole)
Headquarters Parma, Italy
Number of locations
Decrease 815 (2016)
Key people
Ariberto Fassati (Executive Chairman)
Fabrizio Pezzani (Executive Vice-Chairman)
Xavier Musca (Vice-Chairman)
Giampiero Maioli (CEO & Executive Director)
Services Retail and corporate banking
Profit Decrease00208 million (2016)
Total assets Increase €52.992 billion (2016)
Total equity Increase05.082 billion (2016)
Owner
Crédit Agricole S.A. (76.5%)
Fondazione Cariparma (13.5%)
SACAM International (10.0%)
Number of employees
Increase 8,268 (2016)
Parent Crédit Agricole S.A.
Subsidiaries
Carispezia (80.00%)
FriulAdria (80.17%)
Crédit Agricole Leasing Italia (85.00%)
Capital ratio Steady 11.4% (Group CET1, Dec.2016)
Rating
Website credit-agricole.it
Footnotes / references
in consolidated financial statement

Crédit Agricole Cariparma S.p.A. trading as Gruppo Crédit Agricole Italia, is an Italian banking group, itself a subsidiary of French banking group Crédit Agricole. Crédit Agricole Italia along was ranked as the 11th largest bank in Italy by total assets at 31 December 2015. The group serving Emilia-Romagna, Liguria and Friuli-Venezia Giulia, where the predecessors originated, as well as Campania, Lazio, Lombardy, Piedmont, Tuscany, Umbria and Veneto, or half of Italian regions.

The company was formerly known as Cassa di Risparmio di Parma e Piacenza and Cassa di Risparmio di Parma, or Cariparma in short; The banking group was formerly known as Gruppo Cariparma Crédit Agricole (Cariparma and subsidiaries Carispezia and FriulAdria). Since 2016, to eliminate the use of the three brands of the group: Cariparma, Carispezia and FriulAdria, the brand Crédit Agricole Italia was introduced. A common website http://www.credit-agricole.it was used since circa 2016.

Despite not a Crédit Agricole Italia subsidiary but sister company within Crédit Agricole Group, Crédit Agricole Vita places its product through Crédit Agricole Italia banking network; Crédit Agricole Corporate and Investment Bank, operated as a separate entity in Italy as a foreign company; another entity of Crédit Agricole Group (a joint venture), FCA Bank, had also signed a collaboration agreement with Crédit Agricole Italia.

Cassa di Risparmio di Parma was formed on 6 December 1859 by a decree signed by Luigi Carlo Farini. It merged with other regional bank in the last two decades, eventually became the 10th largest banking group by total assets in Italy in 2013. On 16 November 1960 the bank merged with Monte di Credito su Pegno di Busseto (Mount of Piety of Busseto).


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