Credito Emiliano S.p.a.

 (3.4; 14 ratings)
3.4 14

Business Focus

retail banking

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.

Services

retail banking
private banking
corporate banking
insurance

Products

current accounts
debit cards
credit cards
prepaid cards
savings accounts
time deposit accounts
consumer loans
mortgage loans
mutual funds
business accounts
business cards
business loans
leasing
factoring

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

Ways to Bank

Credito Emiliano S.p.a. delivers its products and services through both direct and indirect channels, namely:
branch
online banking
mobile app

Common Shares

Listed Entity
Credito Emiliano
ISIN
IT0003121677
Stock Exchange
Borsa ItalianaBorsa Italiana (XMIL)
Ticker
CE

See Also

Financials

Total Assets of Credito Emiliano S.p.a.
Net_income of Credito Emiliano S.p.a.
Market Share of Credito Emiliano S.p.a.
Total Assets (2018)
34,801.91 mln EUR  (+4.86%)
Net Income (2018)
953,000.00 EUR  (-99.36%)
Number of Employees (2018)
5,468  (+0.68%)

Credito Emiliano S.p.a. is the 15th largest bank in Italy in terms of total assets. In 2018 its total assets were 34 801,91 mln EUR, providing the bank with the market share of 1.32%. In 2018 the bank's net income was 953 000,00 EUR. Credito Emiliano S.p.a. had 5 468 employees in 2018.

Credit Ratings

Fitch: BBB-
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: Baa1
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

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).

Deposit Guarantee

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

Credito Emiliano S.p.a. participates in the deposit guarantee scheme of Italy. This deposit guarantee scheme applies to current accounts, cash accounts, time deposits made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. Credito Emiliano S.p.a. is a member of Interbank Deposit Protection Fund (FITD) and makes its contributions into it.

Contacts

VIA EMILIA S. PIETRO, 4, 42100, REGGIO NELL'EMILIA, Italy

Credito Emiliano S.p.a. is headquartered in REGGIO NELL'EMILIA.

Social Networks

Credito Emiliano S.p.a. has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
BACRIT22XXX
LEI
8156004B244AA70DE787
MFI ID
IT0000126876530

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