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ICCREA Banca

ICCREA Banca
Native name
ICCREA Banca
Formerly called
Istituto Centrale delle Casse Rurali ed Artigiane
S.p.A. owned by cooperative banks
Industry Financial services
Founded 1963
Headquarters 41/47 via Lucrezia Romana, Rome, Italy
Area served
Italy
Decrease €42.372 million (2015)
Total assets Decrease €48.704 billion (2015)
Total equity Increase €1.693 billion (2015)
Subsidiaries
Website gruppobancarioiccrea.it
Footnotes / references
in a consolidated basis

ICCREA Group known formerly as Istituto Centrale delle Casse Rurali ed Artigiane, is a central institution of Italian credit unions and rural saving banks. The holding company of the group was ICCREA Holding (from 1995–2016), while ICCREA Banca, ICCREA BancaImpresa and several companies were subsidiaries . However, ICCREA Banca revered merger with ICCREA Holding in mid-2016, as part of the banking reform of Italy. The co-operative banks of Italy would create a strong central banks with power to recapitalize individual co-operative bank.

The share capital was represented by 21,954,905 ordinary shares with a par value of €51.65 each with a total value of €1,133,970,843.55


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