Cassa Rurale ed Artigiana di Cantu' Banca di Credito Cooperativo - SC (Italy)

Address

CORSO UNITA' D'ITALIA, 11, 22063, CANTU', Italy

BIC

ACARIT22XXX

Overview

Business Focus

cooperative retail banking

Cassa Rurale ed Artigiana di Cantu' Banca di Credito Cooperativo - SC is a cooperative bank providing full range of banking and insurance products to its members. Being a cooperative bank, Cassa Rurale ed Artigiana di Cantu' Banca di Credito Cooperativo - SC is a local, mutual, not-for-profit organization. Located in Cantu', it serves the local residents (natural and legal persons).

Performance

In 2023, Cassa Rurale ed Artigiana di Cantu' Banca di Credito Cooperativo - SC achieved the position of 61st largest bank in Italy with a market share of 0.12%; its total assets dropped by 1.21%.

Additionally, the bank became the 91st profitable bank in relation to its total assets showcasing 1.20% return on assets in 2023.

Also the lender held the 34th position regarging its loans-to-deposits (L/D) registering 114.82% L/D ratio in 2023.

Deposit Protection

Deposits up to 100,000 EUR are covered by Italian deposit guarantee scheme in Cassa Rurale ed Artigiana di Cantu' Banca di Credito Cooperativo - SC.

Market Share (#61 in Italy)

Market Share of Cassa Rurale ed Artigiana di Cantu' Banca di Credito Cooperativo - SC

Ratios

RoA

1.20%

L/D

114.82%

Services

retail banking

business banking

asset management

insurance

Clients

natural persons and legal entities residing in the community of the bank

Area Served

local

Products

current accounts

debit cards

credit cards

savings accounts

time deposit accounts

consumer loans

mortgage loans

Card Providers

International Transfers

SWIFT Transfers

SEPA Credit Transfers

SEPA Instant Transfers

SEPA Direct Debits

SEPA Direct Debits B2B

Ways to Bank

Cassa Rurale ed Artigiana di Cantu' Banca di Credito Cooperativo - SC delivers its products and services through both direct and indirect channels, namely:

branch

online banking

Financials

Total Assets of Cassa Rurale ed Artigiana di Cantu' Banca di Credito Cooperativo - SC

Net_income of Cassa Rurale ed Artigiana di Cantu' Banca di Credito Cooperativo - SC

Total Assets (2023)

3,715.84 mln EUR (-1.21%)

Net Income (2023)

44.88 mln EUR (-18.13%)

Number of Employees (2023)

335 (+2.45%)

Cassa Rurale ed Artigiana di Cantu' Banca di Credito Cooperativo - SC ranks as the 61st largest bank in Italy by total assets. In 2023 its total assets were 3,715.84 mln EUR, representing a 0.12% market share. In 2023 the bank's net income was 44.88 mln EUR. As of 2023, the bank employed 335 people.

Deposit Guarantee

Protected Amount

up to 100,000 EUR

Guarantee Fund

Depositors’ Guarantee Fund of Credit Cooperative Banks

Covered Accounts

current accounts
cash accounts
time deposits

Eligible Depositors

natural persons
legal entities

Cassa Rurale ed Artigiana di Cantu' Banca di Credito Cooperativo - SC 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 Depositors’ Guarantee Fund of Credit Cooperative Banks, making regular contributions into it.