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 companies were subsidiaries. However, ICCREA Banca reverse merged 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 banks.

Shareholders

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

ICCREA Banca

See also

Crédit Agricole S.A., French counterpart

Raiffeisen Bank International, Austrian counterpart

References

External links

Cooperative banks of Italy

Banks established in 1963

1963 establishments in Italy

Companies based in Rome

Banks under direct supervision of the European Central Bank

ICCREA Banca