Cassa Padana

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Cassa Padana
Native name
Cassa Padana Banca di Credito Cooperativo S.C.
Formerly called
Cassa Rurale ed Artigiana della Bassa Bresciana
Società Cooperativa
Industry Financial services
Founded
  • 1893 (Leno)[1]
  • 1970s (Bassa Bresciana)
Headquarters 25 via Garibaldi, Leno, Italy
Number of locations
65 branches (2014)
Area served
  • Province of Brescia, Lombardy
  • Province of Bergamo, Lombardy
  • Province of Cremona, Lombardy
  • Province of Mantua, Lombardy
  • Province of Rovigo, Veneto
  • Province of Verona, Veneto
  • Province of Ferrara, Emilia-Romagna
  • Province of Parma, Emilia-Romagna
  • Province of Reggio Emilia, Emilia-Romagna
Services Retail banking
Profit Increase €9.309 million (2014)
Total assets Increase €2.525 billion (2014)
Total equity Increase €247.021 million (2014)
Owner Decrease 11,067 individuals (2014)
Number of employees
Increase 487 (2014 average)
Capital ratio 19.16% (CET1)
Website Official website (in Italian)
Footnotes / references
source[2]

Cassa Padana Banca di Credito Cooperativo S.C. is an Italian cooperative bank based in Leno, Lombardy region. 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 fourth largest bank among the Federazione Italiana delle Banche di Credito Cooperativo - Casse Rurali ed Artigiane (Federcasse), behind Banca di Credito Cooperativo di Roma, Banca del Territorio Lombardo (71 branches in 2016) and Banca d'Alba. However, in terms of total assets (of 2014), the bank was behind BCC Roma, Banca d'Alba, Banca del Territorio Lombardo (pro forma data), Credito Cooperativo Ravennate e Imolese, Emilbanca, Banca Credito Cooperativo di Brescia, Banca di Credito Cooperativo di Carate Brianza, Banca Centropadana and ChiantiBanca.[3] According to the same research by Ricerche e Studi, the bank was ranked 56th among all types of banks (despite some banks were omitted from the study). The bank was also the member of Federazione Lombarda delle Banche di Credito Cooperativo (6.23% stake).

History

Cassa Rurale ed Artigiana della Bassa Bresciana was formed in the 1970s by the merger of Cassa Rurale e Artigiana di Leno (found 1893), Cassa Rurale e Artigiana di Gambara (found 1891) and Cassa Rurale e Artigiana di Seniga e Pescarolo (found 1897). In 1993 the bank changed the name to Cassa Padana, after absorbing Cassa Rurale e Artigiana di Gussola. The bank absorbed BCC Camuna in 2010, Banca Veneta 1896 and BCC Valtrompia in 2011.

Equity interests

Cassa Padana owned a minority interests in ICCREA Holding (1.35%), Banca Popolare Etica (0.23%), Investitionsbank Trentino Südtirol – Mediocredito Trentino Alto Adige (0.06%), Cassa Centrale Banca - Credito Cooperativo del Nord Est (0.00%), Centrale Finanziaria del Nord Est (0.38%).

References

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See also

External links

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