ICCREA Banca

ICCREA Group, known formerly as Istituto Centrale delle Casse Rurali ed Artigiane, is a central institution of Italian credit unions and rural savings banks.

However, ICCREA Banca merged with ICCREA Holding in mid-2016 as part of the banking reform in Italy.

The co-operative banks of Italy would create strong central banks (Cassa Centrale Banca had also applied to be another central bank) with power to recapitalize individual co-operative banks.

ICCREA has been designated as a significant institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.

This Italian bank or insurance-related article is a stub.