ICCREA Group, known formerly as Istituto Centrale delle Casse Rurali ed Artigiane, is a central institution of Italian

credit union A credit union is a member-owned nonprofit organization, nonprofit cooperative financial institution. They may offer financial services equivalent to those of commercial banks, such as share accounts (savings accounts), share draft accounts (che ...

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 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 European Banking Supervision, also known as the Single Supervisory Mechanism (SSM), is the policy framework for the prudential supervision of banks in the euro area. It is centered on the European Central Bank (ECB), whose supervisory arm is re ...

in late 2014, and as a consequence is directly supervised by the

European Central Bank The European Central Bank (ECB) is the central component of the Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's Big Four (banking)#International ...

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 Cassa may refer to: * Federico Cassa, (born 2006), Italian professional footballer * Cassa Hotel & Residences, building in Midtown Manhattan in New York City, United States See also * Casa (disambiguation) {{disambig ...

(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 Cassa Padana Banca di Credito Cooperativo S.C. is an Italian bank based in Leno, Lombardy. The bank served the area around Brescia (Val Camonica and Val Trompia) and 8 other provinces of northern Italy. In terms of branches, the bank is the four ...

(1.35%) **

ChiantiBanca ChiantiBanca (full name Credito Cooperativo, Società Cooperativa) is an Italian bank based in Monteriggioni, Tuscany. The bank was a cooperative bank. However, in 2016 the bank demutualized. In the same year the bank also absorbed ''Banca di Pi ...

* 3 ex-BCC * Others (''Fondo Sviluppo e Banca Sviluppo'') * Treasury shares (0.04%)

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 {{Italy-bank-stub