ICCREA Banca

ICCREA Banca

Native name	ICCREA Banca
Formerly	Istituto Centrale delle Casse Rurali ed Artigiane
Company type	S.p.a. owned by cooperative banks
Industry	Financial services
Founded	1963
Headquarters	Rome , Italy
Area served	Italy
Services	co-operative bank
Net income	€2 billion (2024)
Total assets	€164,6 billion (2024)
Total equity	€15,9 billion (2024)
Subsidiaries	ICCREA BancaImpresa (99.33%) BCC Assicurazioni (JV, 49%) BCC Vita (JV, 49.06%) [1]
Capital ratio	12.04% (Group CET1 Capital ratio, Dec.2016)
Website
Footnotes /references in consolidated financial statement [2]

The BCC Iccrea Group, known formerly as Istituto Centrale delle Casse Rurali ed Artigiane, is one of the major Italian cooperative banking group and a key institution of Italian credit unions and rural savings banks. The group is made of 114 meber Cooperative Credit Banks (BCCs).

History

Following the 1994 Consolidated Banking Act, the former rural and artisan banks reorganised into Cooperative Credit Banks (BCCs) and formed the Iccrea Banking Group. Created in 1995, the holding company of the group was ICCREA Holding, while ICCREA Banca, ICCREA BancaImpresa, and several other companies were subsidiaries. The capital of ICCREA Holding was owned by the Cooperative Credit Banks.

ICCREA has been designated as a significant institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank. ^{[3] [4]}

In 2016, the Italian Cooperative Credit Reform forced the BCCs to join a Cooperative Banking Group and consequently, a reverse merger between Iccrea Banca and ICCREA Holding took place, thus creating the BCC Iccrea Group (also known as the Iccrea Cooperative Banking Group).

Shareholders

As of 31 December 2014 ^[5]

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 ^[6]

• Federazione Italiana delle Banche di Credito Cooperativo - Casse Rurali ed Artigiane (Federcasse)
• 15 regional credit union federations
  • Federazione BCC Emilia Romagna (0.12%) ^[7]
• Cassa Centrale Banca - Credito Cooperativo del Nord Est (2.82%) ^[8]
• Cassa Centrale Raiffeisen dell'Alto Adige (1.11%) ^[9]
• 328 credit unions (BCC) and rural saving banks (Italian : Casse Rurali)
  • Banca di Credito Cooperativo di Roma (3.60%) ^[10]
  • Credito Cooperativo Ravennate e Imolese (2.0019%) ^[11]
  • Banca di Credito Cooperativo di Pompiano e della Franciacorta (1.64%)
  • Banca di Viterbo Credito Cooperativo (0.0104%) ^[12]
  • Banca d'Alba ^[13]
  • Banca di Cambiano ^[14]
  • Cassa Padana (1.35%)
  • ChiantiBanca
• 3 ex-BCC
• Others (Fondo Sviluppo e Banca Sviluppo)
• Treasury shares (0.04%) ^[6]

See also

• Banks portal

• Cassa Centrale Banca - Credito Cooperativo Italiano
• Crédit Agricole S.A., French counterpart
• Raiffeisen Bank International, Austrian counterpart

References

1. "Holdings of the banking Group Iccrea" (PDF). ICCREA Holding. 19 February 2016. Archived from the original (PDF) on 6 March 2016. Retrieved 6 March 2016.
2. "Bilancio consolidato 2016" (PDF) (in Italian). ICCREA Banca. 2017. Retrieved 17 July 2017.
3. "The list of significant supervised entities and the list of less significant institutions" (PDF). European Central Bank. 4 September 2014.
4. "List of supervised entities" (PDF). European Central Bank. 1 January 2023.
5. "Il capitale sociale del Gruppo bancario Icrrea" (PDF) (in Italian). ICCREA Holding. 12 February 2016. Archived from the original (PDF) on 30 June 2016. Retrieved 6 March 2016.
6. "2014 Annual Report and Consolidated Financial Statements" (PDF). ICCREA Holding. 17 July 2015. Archived from the original (PDF) on 6 March 2016. Retrieved 6 March 2016.
7. "2014 Relazione e Bilancio dell'Esercizio" (PDF) (in Italian). Federazione BCC Emilia Romagna. 6 July 2015. Retrieved 6 March 2016.
8. "2014 bilancio consolidato" (PDF) (in Italian). Cassa Centrale Banca. 22 April 2015. Archived from the original (PDF) on 14 February 2017. Retrieved 6 March 2016.
9. "Relazione e Bilancio 2014" (PDF) (in Italian). Raiffeisen Landesbank Südtirol – Cassa Centrale Raiffeisen dell'Alto Adige. 11 May 2015. Retrieved 13 February 2016.^{[ permanent dead link ]}
10. "2014 Bilancio" (in Italian). Banca di Credito Cooperativo di Roma. 6 May 2015. Retrieved 25 March 2016.
11. "2014 Bilancio d'esercizio" (PDF) (in Italian). Credito Cooperativo Ravennate e Imolese. 3 June 2015. Archived from the original (PDF) on 19 April 2016. Retrieved 31 March 2016.
12. "2014 Bilancio" (PDF) (in Italian). Banca di Viterbo Credito Cooperativo. 29 May 2015. Retrieved 31 March 2016.
13. page 150, "2014 Bilancio Consolidato" (PDF) (in Italian). Banca d'Alba. 27 April 2015. Retrieved 31 March 2016.
14. "2014 Bilancio" (PDF) (in Italian). Banca di Cambiano. 19 June 2015. Retrieved 31 March 2016.

External links

• Official website (in Italian and English)