Credito Emiliano

Credito Emiliano
Native name
Credito Emiliano S.p.A.
FormerlyBanca Agricola Commerciale di Reggio Emilia
Company typePublic (Società per Azioni)
BITCE
FTSE Italia Mid Cap component
ISINIT0003121677
Industryfinancial sector 
Founded1910
Headquarters4 via Emilia San Pietro,
Reggio Emilia
,
Italy
ServicesRetail banking, corporate banking, private banking
Revenue 2.0323 billion (2024)
€1.0214 billion (2024)
€620.1 million (2024)
Total assets €67.9685 billion (2024)
Total equity €4.2925 billion (2024)
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 ratio15.53% (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.