|Address||38122, Italy, TRENTO, VIA SEGANTINI, 5|
|Credit Ratings (as of Dec 2014)|
|Fitch||- (not rated)|
|Moody's||Baa3 (lower medium grade)|
|S&P's||- (not rated)|
|Deposit Guarantee||Yes (up to 100 000 EUR per depositor)|
Any bank can be identified for different purposes and hence can have several different identifiers.
BIC (Business Identifier Code) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.
|Bank BIC Code||CCRT|
|Country Code||IT (Italy)|
A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).
MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.
The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government.Of the 'Big Three' rating agencies, Cassa Centrale Banca-Credito Coop d Nord Est is rated by Moody's.
Credit ratings assigned to Cassa Centrale Banca-Credito Coop d Nord Est as of December 2014 are shown in details in the following sections.
Long-term rating is for Cassa Centrale Banca-Credito Coop d Nord Est it is set to Baa3 (lower medium grade). Long-term bank deposit rating is Baa3 (lower medium grade). Bank financial strength rating is D+ (modest intrinsic financial strength). Short-term rating is not assigned.
|Long-Term Bank Deposit Rating||Baa3|
|Bank Financial Strength Rating||D+|
Outlook for the ratings of Cassa Centrale Banca-Credito Coop d Nord Est is set to negative (may be lowered).
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All credit institutions operating in Italy are obliged to participate in Italian deposit guarantee scheme.
In the case of Cassa Centrale Banca-Credito Coop d Nord Est failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
|Covered Accounts||repayable funds acquired by banks in the form of deposits or other forms and to bankers' drafts or other similar credit instruments shall be eligible for payment|
|Maximum Protected Amount||100 000 EUR|
|Paid In Currency||EUR|
Further Information: Deposit Guarantee Scheme in Italy
Minimum reserves is the minimum amount of reserves a credit institution is required to hold with a central bank.
|Subject to MRR by ECB||Yes|
|Exempt from MRR by ECB||No|