Created by Anna Mileiko 
Bank Credito Emiliano Spa (Credem) is a modern bank with a centuries-long tradition. The bank was founded in 1910 by entrepreneurs of Reggio Emilia under the name of 'Banca Agricola Commerciale of Reggio Emilia'. The current name, Credito Emiliano SpA, has been used since 1983, after the acquisition of Bank Belinzaghi Milan followed by significant growth outside the regional boundaries. Credito Emiliano is a universal bank offering to its customers retail, private and corporate banking products and services combined with financial advising.Credito Emiliano delivers its solutions using multi-channel distribution network, consisting of traditional channels (bank branches and dedicated stores), remote banking systems (telephone banking and internet banking), and advanced remote banking solutions.
In 2023, Credito Emiliano S.p.a. achieved the position of 11th largest bank in Italy with a market share of 1.87%; its total assets grew by 4.20%.
Additionally, the bank became the 250th profitable bank in relation to its total assets showcasing 0.62% return on assets in 2023.
Also the lender held the 115th position regarging its loans-to-deposits (L/D) registering 101.78% L/D ratio in 2023.
Deposits up to 100,000 EUR are covered by Italian deposit guarantee scheme in Credito Emiliano S.p.a.
branch
online banking
mobile app
Borsa Italiana (XMIL)
Credito Emiliano S.p.a. ranks as the 11th largest bank in Italy by total assets. In 2023 its total assets were 57,022.75 mln EUR, representing a 1.87% market share. In 2023 the bank's net income was 346.28 mln EUR. As of 2023, the bank employed 5,153 people.
Credito Emiliano S.p.a. is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BBB (good credit quality). Long-term credit rating assigned to the bank by Moody's is Baa1 (lower medium grade).
Interbank Deposit Protection Fund (FITD)Credito Emiliano 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.
VIA EMILIA A SAN PIETRO, 4, 42121, REGGIO NELL'EMILIA, ItalyCredito Emiliano S.p.a. is headquartered in REGGIO NELL'EMILIA.
Credito Emiliano S.p.a. has profiles at the following social networks:
