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Last €1.69 EUR
Change Today -0.05 / -2.88%
Volume 7.2M
CRG On Other Exchanges
CRG is not on other exchanges.
As of 11:30 AM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

banca carige spa (CRG) Snapshot

Previous Close
Day High
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52 Week High
08/5/14 - €4.24
52 Week Low
07/8/15 - €1.46
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Dividend Yield
Current Stock Chart for BANCA CARIGE SPA (CRG)

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banca carige spa (CRG) Details

Banca Carige S.p.A. provides various banking and financial products and services primarily in Italy. The company’s products and services include current accounts and demand deposits, lending repurchase agreements, mortgage loans, credit cards, personal and salary backed loans, leasing, factoring, financial instruments and currency trading, portfolio management, securities custody and administration, custodian services, securities placement, investments and financial structure advisory services, and collection and payment services, as well as various other products and services. It also provides various non-life insurance products, such as third party motor, land vehicles, assistance, accident, health, fire and natural forces, other damages to assets, general third-party liability, monetary loss, and guarantees, as well as life insurance products. As of December 31, 2014, the company operated a network of approximately 642 branches. Banca Carige S.p.A. was founded in 1991 and is headquartered in Genoa, Italy.

5,634 Employees
Last Reported Date: 05/15/15
Founded in 1991

banca carige spa (CRG) Top Compensated Officers

Chief Executive Officer, Managing Director, E...
Total Annual Compensation: €1.2M
Compensation as of Fiscal Year 2014.

banca carige spa (CRG) Key Developments

Banca Carige Reports Earnings Results for the First Quarter of 2015; Reports Loan Write-Downs for the First Quarter of 2015

Banca Carige reported earnings results for the first quarter of 2015. For the quarter, the company closed with a net loss of EUR 45.3 million after loan loss charges increased and interest income plunged 20%. The bank booked a net profit of EUR 17.6 million a year earlier. Net interest income fell 21% year-on-year but showed a 6.5% improvement on the quarter, settling at EUR 77.3 million. For the first quarter of 2015, the company’s loan write-downs went up 18.3% on the year to EUR 77.2 million.

Banco Popolare Reportedly Drops Out From Race For Cesare Ponti

Banco Popolare Societa Cooperativa Scarl, Investment Arm is no more interested in acquiring unit of Banca Carige S.p.A. (BIT:CRG). Milano Finanza reported that Banco Popolare is no longer in the race for Banca Cesare Ponti SpA. The newspaper quoted Banco Popolare’s Chief Executive Officer, Francesco Saviotti as expressing beliefs that Carige had already picked Banca Finnat Euramerica S.p.A. (BIT:BFE) to be the unit’s buyer. Banca Carige’s Chairman, Cesare Castelbarco stressed that the company had not made its decision on the sale of the private banking business yet. Banca Finnat has reportedly offered around €40 million for Cesare Ponti, which Banca Carige has put up for sale. Cesare Ponti’s enterprise value reported in Carige’s financial balance is €29.5 million, Milano Finanza said.

Banca Carige S.p.A., Q1 2015 Earnings Call, May 13, 2015

Banca Carige S.p.A., Q1 2015 Earnings Call, May 13, 2015


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