Crédit Agricole Italia
Crédit Agricole Italia S.p.A., formerly Crédit Agricole Cariparma S.p.A., is an Italian banking group, a subsidiary of French banking group Crédit Agricole. Crédit Agricole Italia was ranked as the 11th largest bank in Italy by total assets at 31 December 2015. The group serving Emilia-Romagna, Liguria and Friuli Venezia Giulia, where the predecessors originated, as well as Campania, Lazio, Lombardy, Piedmont, Tuscany, Umbria and Veneto, or half of Italian regions.
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| Company type | Subsidiary | ||||||||
| Industry | Financial services | ||||||||
| Founded |
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| Headquarters | Parma, Italy | ||||||||
Number of locations | 815 (2016) | ||||||||
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| Services | Retail and corporate banking | ||||||||
Net income | €208 million (2016) | ||||||||
| Total assets | €52,992 million (2016) | ||||||||
| Total equity | €5,082 million (2016) | ||||||||
| Owner |
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Number of employees | 8,268 (2016) | ||||||||
| Parent | Crédit Agricole S.A. | ||||||||
| Subsidiaries |
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| Capital ratio | 11.4% (Group CET1, Dec.2016) | ||||||||
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| Website | www | ||||||||
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The company was formerly known as Cassa di Risparmio di Parma e Piacenza and Cassa di Risparmio di Parma, or Cariparma in short; The banking group was formerly known as Gruppo Cariparma Crédit Agricole (Cariparma and subsidiaries Carispezia and FriulAdria). Since 2016, to eliminate the use of the three brands of the group: Cariparma, Carispezia and FriulAdria, the brand Crédit Agricole Italia was introduced. A common website www.credit-agricole.it was introduced in 2016.
Despite not a Crédit Agricole Italia subsidiary but sister company within Crédit Agricole Group, Crédit Agricole Vita places its products through Crédit Agricole Italia banking network; Crédit Agricole Corporate and Investment Bank, operated as a separate entity in Italy as a foreign company; another entity of Crédit Agricole Group (a joint venture), FCA Bank, has also signed a collaboration agreement with Crédit Agricole Italia.