ICCREA Holding

ICCREA Banca

Native name	ICCREA Banca
Formerly called	Istituto Centrale delle Casse Rurali ed Artigiane
Type	S.p.A. owned by cooperative banks
Industry	Financial services
Founded	1963
Headquarters	Rome, Italy
Area served	Italy
Services	central bank for Italian co-operative banks
Net income	(€0024 million) (2016)
Total assets	€46.855 billion (2016)
Total equity	€01.596 billion (2016)
Subsidiaries	ICCREA BancaImpresa (99.33%) BCC Assicurazioni (JV, 49%) BCC Vita (JV, 49.06%)
Capital ratio	12.04% (Group CET1 Capital ratio, Dec.2016)
Rating	Moody's no rating / withdrew Fitch Ratings BBB- (January 2017)
Website	gruppobancarioiccrea.it
Footnotes / references in consolidated financial statement

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 strong central banks (Cassa Centrale Banca had also applied to be another central bank) 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