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