Cassa di Risparmio di Fossano S.p.a.

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CASSA DI RISPARMIO DI FOSSANO S.P.A. Logo

Address

VIA ROMA, 122, 12045, FOSSANO, Italy

BIC

CRIFIT2FXXX

Overview

Category

Savings banks

Business Focus

retail banking

Cassa di Risparmio di Fossano S.p.a. traces its roots back to 1591 when Monte di Pietà was founded. In May 1904, Cassa di Risparmio di Fossano S.p.a. was established as a savings bank to promote commercial, agricultural and industrial development of the Fossano area. Cassa di Risparmio di Fossano S.p.a. has been developing constantly over the years, consolidating its relationship of trust and mutual collaboration with the local community.

Performance

In 2023, Cassa di Risparmio di Fossano S.p.a. achieved the position of 95th largest bank in Italy with a market share of 0.07%; its total assets dropped by 13.24%.

Additionally, the bank became the 128th profitable bank in relation to its total assets showcasing 1.05% return on assets in 2023.

Also the lender held the 253rd position regarging its loans-to-deposits (L/D) registering 87.36% L/D ratio in 2023.

Deposit Protection

Deposits up to 100,000 EUR are covered by Italian deposit guarantee scheme in Cassa di Risparmio di Fossano S.p.a.

Services

retail banking

Products

current accounts
deposit accounts
consumer loans

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Ways to Bank

Cassa di Risparmio di Fossano S.p.a. delivers its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking

Financials

Total Assets of Cassa di Risparmio di Fossano S.p.a.
Net_income of Cassa di Risparmio di Fossano S.p.a.
Market Share of Cassa di Risparmio di Fossano S.p.a.
Total Assets (2023)
2,096.81 mln EUR   (-13.24%)
Net Income (2023)
23.74 mln EUR   (+34.15%)
Number of Employees (2023)
176   (-0.56%)

Cassa di Risparmio di Fossano S.p.a. ranks as the 95th largest bank in Italy by total assets. In 2023 its total assets were 2,096.81 mln EUR, representing a 0.07% market share. In 2023 the bank's net income was 23.74 mln EUR. As of 2023, the bank employed 176 people.

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Interbank Deposit Protection Fund (FITD)Interbank Deposit Protection Fund (FITD)
Covered Accounts
current accounts
cash accounts
time deposits
Eligible Depositors
natural persons
legal entities

Cassa di Risparmio di Fossano S.p.a. protects deposits up to up to 100,000 EUR per depositor through Italy's deposit guarantee scheme. The scheme applies to current accounts, cash accounts, time deposits made by natural persons, legal entities. The bank participates in the Interbank Deposit Protection Fund (FITD), making regular contributions into it.

See Also

Contacts

addressVIA ROMA, 122, 12045, FOSSANO, Italy

Cassa di Risparmio di Fossano S.p.a. is located in FOSSANO.

Bank Identifiers

BIC (SWIFT)
CRIFIT2FXXX
LEI
815600B1404758062D36
MFI ID
IT0000865212590

Bank History

Previous Name
CR di Fossano Spa
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