Our Roots

Cooperative yesterday, cooperative today

We are here to continue doing what we always have done.

Cooperative Credit, the Bank close to local people, businesses and communities.

We believe that it is possible to combine:

Reciprocity and profitability
Reciprocity and profitability
Efficiency and cooperation
Efficiency and cooperation
Coordination and independence
Coordination and independence
We are the Cooperative Banking Group close to local communities.
The origins of cooperative credit
Our roots

For over 100 years, Cooperative Credit has been a key factor for the development of local communities.

Born to promote local development, the system has always known how to operate within each community it has encountered, with a collaborative and supportive spirit.

This is the history our roots stem from.

The spark
Our challenge: to meet change with change
The Reform

At a time of great economic and regulatory upheaval, the 2016 Cooperative Credit Reform prompted the system to rethink itself, with a view to greater integration and risk management.

This is our response.

We became a Banking Group to safeguard the heritage of values that are dear to us all.

To protect the results we have always achieved at a local level: social cohesion, shared development and community progress.

The stages of our journey

13 October 2016

Verona: project announced

31 March 2017

Milan: Cassa Centrale Banca announces it will exceed the capital threshold required by the cooperative credit reform

27 September 2017

Milan: over 100 banks choose Cassa Centrale Banca

End of November 2017

Share capital reached

2 August 2018

Official authorisation by the Bank of Italy and ECB

1 January 2019

The Group is born

Gruppo Cassa Centrale
We are young, but our actions speak for themselves

Since day one we have been among the top 10 Banking Groups in Italy, and one of the most sound. 

But our results were evident even before.

becoming a group

We are a Group, but we have not always been.

Driven by the Cooperative Credit reform, we decided to work on an idea that very few believed in. A challenge we always thought we could win: a Group built together in the interest all of us.

To keep contributing to the growth of our country and the wellbeing of our local communities, in full respect of our cooperative identity.

winning over the banks

We are proud to mention that a large number of Cooperative Banks chose our project. Banks that recognised a project based on values, quality, respect for commitments and substance. Banks that decided to continue placing people first, trusting the project of a new and original Group, able to combine soundness and mutuality, coordination and independence, unity and participation.

reaching a net equity of €1 mld

One of the crucial steps along the path that led us here today was reaching, and exceeding, a share capital of one billion euros ahead of schedule.