Working Sunday forExtraordinary shareholders' meeting of the Banca di Credito Cooperativo di Roma that on 13 January 2018 it resolved to amend the company by-laws to allow the Bank to join the Iccrea Cooperative Banking Group within the set deadlines, after the decision of the assembly of Iccrea which initiated the 250 million euro capital increase.
According to the president of the BCC of Rome Francesco Liberati “a fundamental step has been taken for the future of the Banca di Credito Cooperativo di Roma, with the aim of giving concrete continuity to the long journey made from 1954 up to the present day. Our Bank will continue to operate as it has always done, with firm reference to the inspiring principles of mutuality and solidarity. But it will do so in the context of a large organized group, a group which will be a reason for strengthening each individual member bank and the group itself as a whole. We will be part of the fourth Italian banking group and, in this group, our bank will be the first both in terms of size and equity, and in terms of corporate ownership with a significant equity weight".
The Cooperative Credit Bank of Rome is the largest cooperative credit bank in Italy and was founded in 1954 with the name of Cassa Rurale ed Artigiana dell'Agro Romano. The general manager of BCC of Rome Mauro Pastore explained: “BCC of Rome presents itself at this appointment in the best conditions, highlighted by a good management performance and more than adequate capital structures which for several years have made our bank the largest in the sector of the Italian cooperative credit”.
The bank operates in Lazio, Abruzzo and in the province of Padua with 190 agencies, while the partners are 34 thousand. Total deposits as at 30 June 2018 amounted to 11,3 billion, up on the previous year by 0,5%. Loans to households and businesses amounted to 7,3 billion, an increase on an annual basis of 1,6%, while the 2017 net profit was 21,1 million. "Suffice it to say that in the last ten years, even in the country's most delicate economic moments, we have continuously supported families and businesses, as demonstrated by the data on deposits and loans, which have grown by 80% and 130%", concluded Pastore.
The Iccrea Cooperative Banking Group being formed will be able to count on the membership of 142 CCBs, operating in 1738 municipalities with a network of 2647 branches and will be founded on a solid membership base of 750.000 shareholders with more than four million customers with shareholders' equity of 11,5 billion euros, assets of 148 billion, gross loans of 93,3 billion and direct deposits of 102,4, XNUMX billion.
