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{{Short description|Central institution of Italian credit unions and rural savings banks.}}
{{Update|date=September 2023}}
{{Infobox company
{{Infobox company
| name = ICCREA Holding
| name = ICCREA Banca
| logo =
| logo = Iccrea Banca logo 2023.svg
| logo_size =
| logo_size =
| logo_alt =
| logo_alt =
Line 10: Line 12:
| image_alt =
| image_alt =
| image_caption =
| image_caption =
| native_name = ICCREA Holding
| native_name = ICCREA Banca
| native_name_lang = it
| native_name_lang = it
| predecessor = Istituto Centrale delle Casse Rurali edvArtigiane
| former_name = Istituto Centrale delle Casse Rurali ed Artigiane
| type = [[Società per Azioni|S.p.a.]] owned by [[cooperative banking|cooperative banks]]
| type = [[S.A. (corporation)|Società per Azioni]]
| industry = Financial services
| industry = Financial services
| founded = {{ubl|1963 (ICCREA Banca)|1995 (ICCREA Holding)}}
| founded = 1963
| founder = <!-- or: | founders = -->
| founder =
| hq_location = 41/47 via Lucrezia Romana
| hq_location =
| hq_location_city = Rome
| hq_location_city = Rome
| hq_location_country = Italy
| hq_location_country = Italy
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| key_people =
| key_people =
| brands =
| brands =
| services =
| services = co-operative bank
| revenue =
| revenue =
| revenue_year =
| revenue_year =
| operating_income =
| operating_income =
| income_year =
| income_year =
| net_income = {{increase}} €48.510 million
| net_income = {{decrease}} {{fontcolor|red|(€{{0|00}}24&nbsp;million)}}
| net_income_year = 2014
| net_income_year = 2016
| assets = {{increase}} €49.667 billion
| assets = {{decrease}} €46.855&nbsp;[[1,000,000,000|billion]]
| assets_year = 2014
| assets_year = 2016
| equity = {{decrease}} €{{0}}1.596&nbsp;billion
| aum =
| equity_year = 2016
| equity = {{increase}} €1.658 billion
| subsid = {{aligned table|fullwidth=y|style=text-align: left; font-size: 100%;|ICCREA&nbsp;BancaImpresa|(99.33%)|BCC Assicurazioni|(JV, 49%)|BCC Vita|(JV,&nbsp;49.06%)<ref>{{cite web|url=http://www.gruppobancarioiccrea.it/gbi/export/galleries/BccSolution/Holdings_GBI_19.02.2016.pdf|title=Holdings of the banking Group Iccrea|date=19 February 2016|access-date=6 March 2016|publisher=ICCREA Holding|archive-url=https://web.archive.org/web/20160306214347/http://www.gruppobancarioiccrea.it/gbi/export/galleries/BccSolution/Holdings_GBI_19.02.2016.pdf|archive-date=6 March 2016|url-status=dead}}</ref>}}
| equity_year = 2014
| ratio = {{nowrap|{{decrease}} 12.04% <small>(Group CET1 Capital ratio, Dec.2016)</small>}}
| owner =
| rating = {{aligned table|fullwidth=y|style=text-align: left; font-size: 100%;|Moody's|no rating / withdrew<ref>{{cite press release|url=https://www.moodys.com/research/Moodys-withdraws-Iccrea-BancaImpresas-ratings--PR_368074|title= Rating Action: Moody's withdraws Iccrea BancaImpresa's ratings |date=15 June 2017|access-date=17 July 2017|publisher=Moody's}}</ref>|[[Fitch Ratings]]|'''BBB-''' (January 2017)<ref>{{cite press release|url=http://www.iccreabanca.it/Rating_EMTN/2017/Fitch_Press%20Release_19Jan17.pdf|title=FITCH AFFIRMS ICCREA BANCA AT 'BBB-'; OUTLOOK EVOLVING|date=19 January 2017|access-date=18 July 2017|publisher=Fitch Ratings}}</ref>}}
| subsid = {{ubl|[[ICCREA Banca]] (99.998%)|[[ICCREA BancaImpresa]] (99.33%)|[[BCC Assicurazioni]] (joint venture, 49%)|[[BCC Vita]] (joint venture, 49.06%)<ref>{{cite web|url=http://www.gruppobancarioiccrea.it/gbi/export/galleries/BccSolution/Holdings_GBI_19.02.2016.pdf|title=Holdings of the banking Group Iccrea|date=19 February 2016|access-date=6 March 2016|publisher=ICCREA Holding}}</ref>}}
| website = [https://www.iccreabanca.it/it-IT/Pagine/default.aspx iccreabanca.it]<br/>[http://www.gruppobancarioiccrea.it gruppobancarioiccrea.it]
| ratio = 11.45% (CET1)<ref>{{cite web|url=http://www.gruppobancarioiccrea.it/gbi/export/galleries/BccSolution/2015.07.17-Consolidated-Reports-2014.pdf|title=2014 Annual Report and Consolidated
| footnotes = in [[consolidated financial statement]]<ref>{{cite web|url=http://www.gruppobancarioiccrea.it/DocumentiBilanciRating/Consolidato2016-web.pdf|title=Bilancio consolidato 2016|date=2017|access-date=17 July 2017|publisher=ICCREA Banca|language=Italian}}</ref>
Financial Statements|date=17 July 2015|access-date=6 March 2016|publisher=ICCREA Holding}}</ref>
| rating =
| website =
}}
}}
'''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 bank now divided as '''ICCREA Holding''', which acted as a holding company, as well as [[ICCREA Banca]], [[ICCREA BancaImpresa]] and several other subsidiary.
'''ICCREA Group''', known formerly as '''Istituto Centrale delle Casse Rurali ed Artigiane''', is a central institution of Italian [[credit union]]s and rural savings banks. The holding company of the group was '''ICCREA Holding''' (from 1995 to 2016), while ICCREA Banca, ICCREA BancaImpresa, and several other companies were subsidiaries. However, '''ICCREA Banca''' merged with ICCREA Holding in mid-2016 as part of the banking reform in Italy. The co-operative banks of Italy would create strong central banks ([[Cassa Centrale Banca - Credito Cooperativo del Nord Est|Cassa Centrale Banca]] had also applied to be another central bank) with power to recapitalize individual co-operative 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]].<ref>{{cite web |website=European Central Bank |title=The list of significant supervised entities and the list of less significant institutions |url=https://www.bankingsupervision.europa.eu/ecb/pub/pdf/ssm-listofsupervisedentities1409en.pdf |date={{date|2014/09/04}} }}</ref><ref>{{cite web |website=European Central Bank |title=List of supervised entities |date={{date|2023/01/01}} |url=https://www.bankingsupervision.europa.eu/ecb/pub/pdf/ssm.listofsupervisedentities202302.en.pdf }}</ref>

==Shareholders==
==Shareholders==
{{updated|31 December 2014|<ref>{{cite web|url=http://www.gruppobancarioiccrea.it/gbi/export/galleries/BccSolution/capitale_sociale_2016_-_inglese.pdf|title=Share Capital of Icrrea banking Group|date=12 February 2016|access-date=6 March 2016|publisher=ICCREA Holding}}</ref>}}
{{updated|31 December 2014|<ref>{{cite web|url=http://www.gruppobancarioiccrea.it/sites/default/files/capitale%20sociale%202016.pdf|title=Il capitale sociale del Gruppo bancario Icrrea|date=12 February 2016|access-date=6 March 2016|publisher=ICCREA Holding|language=Italian|archive-url=https://web.archive.org/web/20160630225123/http://www.gruppobancarioiccrea.it/sites/default/files/capitale%20sociale%202016.pdf|archive-date=30 June 2016|url-status=dead}}</ref>}}
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<ref name=ICCREAHolding2014bilancio/>
* Federazione Italiana delle Banche di Credito Cooperativo - Casse Rurali ed Artigiane ([[Federcasse]])
* Federazione Italiana delle Banche di Credito Cooperativo - Casse Rurali ed Artigiane ([[Federcasse]])
* 15 regional credit union federations
* 15 regional credit union federations
** Federazione BCC Emilia Romagna (0.12%)<ref>{{cite web|url=http://www.fedemilia.bcc.it/sites/default/files/pubblicazioni/bilancio%202014.pdf|title=2014 Relazione e Bilancio dell'Esercizio|date=6 July 2015|access-date=6 March 2016|publisher=Federazione BCC Emilia Romagna|language=Italian}}</ref>
** Federazione BCC Emilia Romagna (0.12%)<ref>{{cite web|url=http://www.fedemilia.bcc.it/sites/default/files/pubblicazioni/bilancio%202014.pdf|title=2014 Relazione e Bilancio dell'Esercizio|date=6 July 2015|access-date=6 March 2016|publisher=Federazione BCC Emilia Romagna|language=Italian}}</ref>
* [[Cassa Centrale Banca - Credito Cooperativo del Nord Est]] (2.82%)<ref>{{cite web|url=https://www.cassacentrale.it/wcupload/cc/2014/2014_BILANCIO_CONSOLIDATO.pdf|title=2014 bilancio consolidato|date=22 April 2015|access-date=6 March 2016|publisher=Cassa Centrale Banca|language=Italian}}</ref>
* [[Cassa Centrale Banca - Credito Cooperativo del Nord Est]] (2.82%)<ref>{{cite web|url=https://www.cassacentrale.it/wcupload/cc/2014/2014_BILANCIO_CONSOLIDATO.pdf|title=2014 bilancio consolidato|date=22 April 2015|access-date=6 March 2016|publisher=Cassa Centrale Banca|language=Italian|archive-date=14 February 2017|archive-url=https://web.archive.org/web/20170214103538/https://www.cassacentrale.it/wcupload/cc/2014/2014_BILANCIO_CONSOLIDATO.pdf|url-status=dead}}</ref>
* [[Raiffeisen Landesbank Südtirol – Cassa Centrale Raiffeisen dell'Alto Adige|Cassa Centrale Raiffeisen dell'Alto Adige]] (1.10%)<ref>{{cite web|url=http://www.raiffeisen.it/fileadmin/user_upload/RGO/Kassenseiten/Landesbank/Ueber_uns/Geschaeftsberichte/Geschaeftsberichte_italienisch/Relazione_bilancio_2014_.pdf|title=Relazione e Bilancio 2014|date=11 May 2015|access-date=13 February 2016|publisher=Raiffeisen Landesbank Südtirol – Cassa Centrale Raiffeisen dell'Alto Adige|language=Italian}}</ref>
* [[Raiffeisen Landesbank Südtirol – Cassa Centrale Raiffeisen dell'Alto Adige|Cassa Centrale Raiffeisen dell'Alto Adige]] (1.11%)<ref>{{cite web|url=http://www.raiffeisen.it/fileadmin/user_upload/RGO/Kassenseiten/Landesbank/Ueber_uns/Geschaeftsberichte/Geschaeftsberichte_italienisch/Relazione_bilancio_2014_.pdf|title=Relazione e Bilancio 2014|date=11 May 2015|access-date=13 February 2016|publisher=Raiffeisen Landesbank Südtirol – Cassa Centrale Raiffeisen dell'Alto Adige|language=Italian}}{{Dead link|date=January 2020 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>
* 328 credit unions (BCC) and rural saving banks ({{lang-it|Casse Rurali}})
* 328 credit unions (BCC) and rural saving banks ({{langx|it|Casse Rurali}})
**[[Banca di Credito Cooperativo di Roma]] (3.60%)<ref>{{cite web|url=http://www.bccroma.it/doc/scaricadoc.asp?iDocumentoID=362298&iAllegatoID=0|title=2014 Bilancio|date=6 May 2015|access-date=25 March 2016|publisher=Banca di Credito Cooperativo di Roma|language=Italian}}</ref>
** [[Credito Cooperativo Ravennate e Imolese]] (2.0019%)<ref>{{cite web|url=https://www.inbanca.bcc.it/System/167173/Per%20sito%20bilancioCompleto2014_ok.pdf|title=2014 Bilancio d'esercizio|date=3 June 2015|access-date=31 March 2016|publisher=Credito Cooperativo Ravennate e Imolese|language=Italian|archive-date=19 April 2016|archive-url=https://web.archive.org/web/20160419055514/https://www.inbanca.bcc.it/System/167173/Per%20sito%20bilancioCompleto2014_ok.pdf|url-status=dead}}</ref>
** [[Banca di Credito Cooperativo di Pompiano e della Franciacorta]] (1.64%)
** [[Banca di Viterbo Credito Cooperativo]] (0.0104%)<ref>{{cite web|url=http://www.bancadiviterbo.it/files/bilancio-d-esercizio-2014pdf-_188.pdf|title=2014 Bilancio|date=29 May 2015|access-date=31 March 2016|publisher=Banca di Viterbo Credito Cooperativo|language=Italian}}</ref>
** [[Banca d'Alba]]<ref>page 150, {{cite web|url=https://www.bancadalba.it/media/2015/05/Bilancio-Consolidato-20141.pdf|title=2014 Bilancio Consolidato|date=27 April 2015|access-date=31 March 2016|publisher=Banca d'Alba|language=Italian}}</ref>
** [[Banca di Cambiano]]<ref>{{cite web|url=http://www.bancacambiano.it/wp-content/uploads/2015/06/BILANCIO_2014_BccCambiano_approv_1.pdf|title=2014 Bilancio|date=19 June 2015|access-date=31 March 2016|publisher=Banca di Cambiano|language=Italian}}</ref>
** [[Cassa Padana]] (1.35%)
** [[ChiantiBanca]]
* 3 ex-BCC
* 3 ex-BCC
* Others (''Fondo Acquisto Azioni Proprie'', ''Fondo Sviluppo e Banca Sviluppo'')
* Others (''Fondo Sviluppo e Banca Sviluppo'')
* Treasury shares (0.04%)<ref name=ICCREAHolding2014bilancio>{{cite web|url=http://www.gruppobancarioiccrea.it/gbi/export/galleries/BccSolution/2015.07.17-Consolidated-Reports-2014.pdf|title=2014 Annual Report and Consolidated Financial Statements|date=17 July 2015|access-date=6 March 2016|publisher=ICCREA Holding|archive-url=https://web.archive.org/web/20160306220342/http://www.gruppobancarioiccrea.it/gbi/export/galleries/BccSolution/2015.07.17-Consolidated-Reports-2014.pdf|archive-date=6 March 2016|url-status=dead}}</ref>

==See also==
{{Portal|Banks}}
* [[Cassa Centrale Banca - Credito Cooperativo Italiano]]
* [[Crédit Agricole]] S.A., French counterpart
* [[Raiffeisen Bank International]], Austrian counterpart


==References==
==References==
{{reflist|30em}}
{{reflist|30em}}


==External links==
* {{official site|https://www.iccreabanca.it/}} {{in lang|it|en}}
* {{official site|https://www.gruppobancarioiccrea.it/}} {{in lang|it|en}}
{{Members of Euro Banking Association}}
{{Members of Euro Banking Association}}
{{Banking in Italy}}
{{Banking in Italy}}
{{Insurance companies of Italy}}


[[Category:Cooperative banks of Italy]]
[[Category:Banks established in 1963]]
[[Category:Banks established in 1963]]
[[Category:1963 establishments in Italy]]
[[Category:1963 establishments in Italy]]
[[Category:banks of Italy]]
[[Category:Companies based in Rome]]
[[Category:Companies based in Rome]]
[[Category:Banks under direct supervision of the European Central Bank]]



{{Italy-bank-stub}}
{{Italy-bank-stub}}

Latest revision as of 14:12, 26 October 2024

ICCREA Banca
Native name
ICCREA Banca
FormerlyIstituto Centrale delle Casse Rurali ed Artigiane
Company typeS.p.a. owned by cooperative banks
IndustryFinancial services
Founded1963
Headquarters
Rome
,
Italy
Area served
Italy
Servicesco-operative bank
Decrease (€24 million) (2016)
Total assetsDecrease €46.855 billion (2016)
Total equityDecrease1.596 billion (2016)
Subsidiaries
ICCREA BancaImpresa(99.33%)
BCC Assicurazioni(JV, 49%)
BCC Vita(JV, 49.06%)[1]
Capital ratioDecrease 12.04% (Group CET1 Capital ratio, Dec.2016)
Rating
Moody'sno rating / withdrew[2]
Fitch RatingsBBB- (January 2017)[3]
Websiteiccreabanca.it
gruppobancarioiccrea.it
Footnotes / references
in consolidated financial statement[4]

ICCREA Group, known formerly as Istituto Centrale delle Casse Rurali ed Artigiane, is a central institution of Italian credit unions and rural savings banks. The holding company of the group was ICCREA Holding (from 1995 to 2016), while ICCREA Banca, ICCREA BancaImpresa, and several other companies were subsidiaries. However, ICCREA Banca merged with ICCREA Holding in mid-2016 as part of the banking reform in 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 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.[5][6]

Shareholders

[edit]
As of 31 December 2014[7]

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[8]

See also

[edit]

References

[edit]
  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. ^ "Rating Action: Moody's withdraws Iccrea BancaImpresa's ratings" (Press release). Moody's. 15 June 2017. Retrieved 17 July 2017.
  3. ^ "FITCH AFFIRMS ICCREA BANCA AT 'BBB-'; OUTLOOK EVOLVING" (PDF) (Press release). Fitch Ratings. 19 January 2017. Retrieved 18 July 2017.
  4. ^ "Bilancio consolidato 2016" (PDF) (in Italian). ICCREA Banca. 2017. Retrieved 17 July 2017.
  5. ^ "The list of significant supervised entities and the list of less significant institutions" (PDF). European Central Bank. 4 September 2014.
  6. ^ "List of supervised entities" (PDF). European Central Bank. 1 January 2023.
  7. ^ "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.
  8. ^ a b "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.
  9. ^ "2014 Relazione e Bilancio dell'Esercizio" (PDF) (in Italian). Federazione BCC Emilia Romagna. 6 July 2015. Retrieved 6 March 2016.
  10. ^ "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.
  11. ^ "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]
  12. ^ "2014 Bilancio" (in Italian). Banca di Credito Cooperativo di Roma. 6 May 2015. Retrieved 25 March 2016.
  13. ^ "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.
  14. ^ "2014 Bilancio" (PDF) (in Italian). Banca di Viterbo Credito Cooperativo. 29 May 2015. Retrieved 31 March 2016.
  15. ^ page 150, "2014 Bilancio Consolidato" (PDF) (in Italian). Banca d'Alba. 27 April 2015. Retrieved 31 March 2016.
  16. ^ "2014 Bilancio" (PDF) (in Italian). Banca di Cambiano. 19 June 2015. Retrieved 31 March 2016.
[edit]