Credito Emiliano

Credito Emiliano
Native name
Credito Emiliano S.p.A.
FormerlyBanca Agricola Commerciale di Reggio Emilia
Company typelisted Società per Azioni
BIT: CE
FTSE Italia Mid Cap
ISINIT0003121677
Industryfinancial sector 
Founded1910
Headquarters4 via Emilia San Pietro,
Reggio Emilia
,
Italy
ServicesRetail and corporate banking, insurance
€166.166 million (2015)
Total assets €37.455 billion (2015)
Total equity €2.4797 billion (2015)
Owner
  • Credito Emiliano Holding (75.57%%)
  • others/free-floats (24.43%)
ParentCredito Emiliano Holding
Divisions
  • Credem Banca
  • Credem Banca d'Impresa
  • Credem Private Banking
SubsidiariesBanca Euromobiliare
Capital ratio13.52% (CET1)
Websitecredem.it
Footnotes / references
in consolidated basis

Credito Emiliano S.p.A. (Credem) is an Italian bank based in Reggio Emilia, Emilia-Romagna. It was founded in Italy 1910. The company is a component of FTSE Italia Mid Cap Index.

The company has several internal divisions: Credem Banca (retail banking), Credem Banca d'Impresa (corporate banking) and Credem Private Banking.

Credem has been designated in 2015 as a Significant Institution under the criteria of European Banking Supervision, and as a consequence is directly supervised by the European Central Bank.

Credem has received widespread media attention because it stores wheels of Parmigiano Reggiano cheese as collateral for loans.