Banca Centro Emilia - Credito Cooperativo Società Cooperativa

Banca Centro Emilia - Credito Cooperativo Società Cooperativa is an Italian cooperative bank that operates as a mutual entity for its members rather than seeking shareholder dividends. The institution focuses on reinvesting resources into local communities and supporting regional economic activities through specific statutory allocations of profits to reserves, mutual funds, and charity initiatives.

• Locations: Operates 30 branches serving 86 municipalities across the region with over 250 employees.
• Customers: Maintains a client base of approximately 46,882 individuals alongside 16,809 active members who hold voting rights in assemblies.
• Operations: Statutorily invests at least 95% of its activities within the area where branches are present, currently allocating 98% to this local territory.
• Sustainability: Directs over 70% of net profits into an indisponible reserve fund to ensure long-term patrimonial stability and continuity.

The bank prioritizes digital security for members while adhering to strict regulatory financial ratios like a CET1 ratio of 25.67%.