Credem Banca
Credem office  

Credito Emiliano SpA (Credem, Gruppo Bancario Credito Emiliano, Credem Banca) is among the ten largest Italian banking groups. It was founded in 1910 by a group of entrepreneurs in Reggio Emilia. Credem distribution network consist of 544 branches, 43 corporate centers, 51 financial outlets, 788 financial advisors with mandate and 264 Creacasa agents.  Credito Emiliano offers a wide range of corporate and retail banking services including current and savings accounts, personal loans, mortgages, debit and credit cards, investments, mutual funds as well as auto and home insurance, online banking, leasing, factoring, wealth management and other services. Credito Emiliano SpA is 76.9% owned by Credito Emiliano Holding SpA. The Maramotti family indirectly controls about 37.8% of voting rights in the latter. The Maramotti family also owns MaxMara Fashion Group. Established in 1951 by Achille Maramotti, MaxMara had more than 2,250 stores in 90 countries. Credem is listed on Italian stock exchange since October 1997 (Borsa Italiana: CE). As of June 30, 2014, Credito Emiliano had total assets of EUR 33.319 billion, deposits from customers of EUR 15.025 billion and loans to customers of EUR 20.372 billion.

Credit Ratings (November 2014)

Ratings agencies Long term Short term
Fitch Ratings BBB+ F2
Standard & Poor's BBB- A-3
Moody's Baa3 Prime-3

Group structure:
Credito Emiliano Holding
Credito Emiliano SpA
Banca Euromobiliare
Canossa CB, Creacasa, Credem CB
Credem International (LUX)
Credem Private Equity
Credemfactor, Credemleasing
Credemtel, Credemvita
Euromobiliare Asset Management SGR
Euromobiliare Fiduciaria
Euromobiliare International Fund Sicav
Magazzini Generali delle Tagliate Spa (M.G.T.)

Head office address:
Via Emilia San Pietro 4
42121 Reggio Emilia, Italy
Phone number: 0522 582 111
Fax: 0522 433 969
Chairman: Giorgio Ferrari

Credem International (Lux) S.A.
10-12, avenue Pasteur
L-2310 Luxembourg
Phone: 47 59 59 1