In a particularly difficult moment for the banking system, not all banks are the same and neither are the CCBs which are moving towards reform. This was reported by the Banca di Credito Cooperativo di Castagneto Carducci to which a significant recognition came from the "Atlante delle Banche 2015", the annual publication published by the weekly "Milano Finanza" which contains the ranking of Italian banks grouped by region.
In the latest edition of the Atlas – based on data from the 2014 financial statements – the Bcc of Castagneto Carducci is classified as 1st place out of the 36 banks based in Tuscany. The ranking is drawn up on the basis of the so-called "MF Index": it is a complex index that "combines size and results, with the aim of identifying institutions that have been able to combine the development of the assets under administration with the ability to raise cash and generate profits".
Another banking classification has also come out in recent days, the super classification of the monthly "Banca e Finanza" which sees Castagneto Carducci's BCCC positioned 15th in Italy in the sector of the 147 "small banks" (those with assets between 650 million and 5,2 billion euros).
“Flattering results which demonstrate once again – commented the general manager of the Bcc of Castagneto Carducci, Fabrizio Mannari – how the management of the Institute, which has always been based on prudence and correctness, has the trust of customers. The year that is about to close you see significant increases both in terms of loans (over 80 million) and total deposits (increased by approximately 70 million) and a profit before provisions and taxes estimated at over 18 million euros. Company assets approach 100 million, made up almost entirely of accrued profits. We will never betray the trust of customers. We listen to and share - Mannari added - the legitimate concerns of customers generated by the recent banking crises (a cost for us too), but we are not sharing the happy management of certain institutions; we have always operated with extreme correctness, we have never issued subordinated securities but only safe investments with incomes in line with the markets. All this cannot be ignored: the numbers speak for us, for over a hundred years".
