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March 31, 2015 11:37 AM ET

Banks

Company Overview of Cassa di Risparmio di Parma e Piacenza S.p.A.

Company Overview

Cassa di Risparmio di Parma e Piacenza S.p.A. provides banking services in Italy. The company was founded in 1860 and is based in Parma, Italy. As of March 1, 2007, Cassa di Risparmio di Parma e Piacenza S.p.A. operates as a subsidiary of Credit Agricole S.A.

Via Universita, 1

Parma, PR 43121

Italy

Founded in 1860

Phone:

39 05 21 95 49 40

Fax:

39 02 89 54 27 50

Key Executives for Cassa di Risparmio di Parma e Piacenza S.p.A.

Director General
Age: 58
Head of Communications Division
Compensation as of Fiscal Year 2014.

Cassa di Risparmio di Parma e Piacenza S.p.A. Key Developments

Cariparma Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Cariparma announced earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported revenues of EUR 416 million and net income group share of EUR 41 million. For the six months, the company reported revenues of EUR 809 million and net income group share of EUR 65 million.

Banca Etruria Reportedly Planning To Create Alliance With Cariparma Credit Agricole

Banca Popolare dell'Etruria e del Lazio - Società Cooperativa (BIT:PEL) (Banca Etruria) is planning to form an alliance with Cassa di Risparmio di Parma e Piacenza SpA (Cariparma Credit Agricole). MF-Milano Finanza reported without quoting sources that the advisers of Banca Etruria have launched informal contacts to sound out Cariparma Credit Agricol for a possible alliance. After Banca d'Italia SpA had recommended that Banca Etruria should find a financial partner, Etruria said in early 2014 that it would be seeking a merger with a ‘high standing’ banking group. The news report mentioned that Banca Popolare Di Vicenza S.C.p.A. recently launched a friendly offer for Banca Etruria, but the parties did not reach a deal and broke off talks in June 2014. Banca Etruria's top management are said to be favoring a merger with Cariparma Credit Agricole. The newspaper added that however, Credit Agricole S.A.’s (ENXTPA:ACA) 2014 - 2015 business plans do not entail acquisitions. Banca Popolare di Bari, Società cooperativa per Azioni and Banca popolare dell'Emilia Romagna, Società cooperativa. (BIT:BPE) are also circulating as potential alliances for Banca Etruria.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 22, 2014
--
Merger/Acquisition
May 28, 2014
Cariparma S.p.A., Business Unit
 

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