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Cassa Centrale Banca - Credito Cooperativo Del Nord Est
Cassa Centrale Banca - Credito Cooperativo del Nord Est S.p.A. is a coordinating institute of the cooperative banks (rural credit unions) of Trentino, based in Trento, Trentino, Italy. Some cooperative banks (rural credit unions) of Veneto and Friuli Venezia Giulia are also members. Cassa Centrale Banca has been designated in 2019 as a Significant Institution under the criteria of European Banking Supervision, and as a consequence is directly supervised by the European Central Bank. History In 2017 the central institution applied to be one of the central banks for proposed co-operative banking groups of whole Italy. The other candidate was ICCREA Banca (and Raiffeisen Landesbank Südtirol – Cassa Centrale Raiffeisen dell'Alto Adige for South Tyrol autonomous province only). A new Italian law required all co-operative banks of Italy to join a banking group, which the central institution has power to recapitalize individual member banks, but the central institution itself would b ...
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Società Per Azioni
''Società'' (Italian: ''Society'') was an Italian communist cultural magazine published in Italy between 1945 and 1961. History and profile ''Società'' was founded as a quarterly magazine in Florence in 1945. The founders were Ranuccio Bianchi Bandinelli, Cesare Luporini and Romano Bilenchi. Bandinelli also directed the magazine. In 1948 the magazine became closer to the Italian Communist Party (PCI), but was not published by the party. The headquarters was later moved to Rome, and in 1954 its frequency was switched to bimonthly. ''Società'' featured Italian fiction and poetry and occasionally included some essays on the theater and the cinema. It was one of the publications read by the Italian intellectuals, who had Gramscian Antonio Francesco Gramsci ( , , ; 22 January 1891 – 27 April 1937) was an Italian Marxist philosopher, journalist, linguist, writer, and politician. He wrote on philosophy, political theory, sociology, history, and linguistics. He was a ... ...
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European Banking Supervision
European Banking Supervision, also known as the Single Supervisory Mechanism (SSM), is the policy framework for the prudential supervision of banks in the euro area. It is centered on the European Central Bank (ECB), whose supervisory arm is referred to as ECB Banking Supervision. EU member states outside of the euro area can also participate on a voluntary basis, as was the case of Bulgaria as of late 2023. European Banking Supervision was established by Regulation 1024/2013 of the Council, also known as the SSM Regulation, which also created its central (albeit not ultimate) decision-making body, the ECB Supervisory Board. Under European Banking Supervision, the ECB directly supervises the larger banks that are designated as Significant Institutions. The other banks, known as Less Significant Institutions, are supervised by national banking supervisors ("national competent authorities") under supervisory oversight by the ECB. As of late 2022, the ECB directly supervised 11 ...
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Companies Based In Trentino
A company, abbreviated as co., is a legal entity representing an association of people, whether natural Nature, in the broadest sense, is the physical world or universe. "Nature" can refer to the phenomena of the physical world, and also to life in general. The study of nature is a large, if not the only, part of science. Although humans are p ..., Legal person, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * List of legal entity types by country, business entities, whose aim is generating profit * financial entities and banks * programs or Educational institution, educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared Inco ...
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1974 Establishments In Italy
Major events in 1974 include the aftermath of the 1973 oil crisis and the resignation of United States President Richard Nixon following the Watergate scandal. In the Middle East, the aftermath of the 1973 Yom Kippur War determined politics; following List of Prime Ministers of Israel, Israeli Prime Minister Golda Meir's resignation in response to high Israeli casualties, she was succeeded by Yitzhak Rabin. In Europe, the Turkish invasion of Cyprus, invasion and occupation of northern Cyprus by Turkey, Turkish troops initiated the Cyprus dispute, the Carnation Revolution took place in Portugal, and Chancellor of Germany, Chancellor of West Germany Willy Brandt resigned following an Guillaume affair, espionage scandal surrounding his secretary Günter Guillaume. In sports, the year was primarily dominated by the 1974 FIFA World Cup, FIFA World Cup in West Germany, in which the Germany national football team, German national team won the championship title, as well as The Rumble ...
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Financial Services Companies Established In 1974
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessment ...
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Cooperative Banks Of Italy
A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise".Statement on the Cooperative Identity.
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Cooperatives are democratically controlled by their members, with each member having one vote in electing the board of directors. Cooperatives may include: * es owned and man ...
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Investitionsbank Trentino Südtirol – Mediocredito Trentino Alto Adige
Mediocredito Trentino – Alto Adige (german: Investitionsbank Trentino Südtirol) is an Italian investment bank based in Trento, Trentino. The bank served historically the autonomous provinces of Trentino and South Tyrol, but now extended to Lombardy (Brescia), Veneto (Treviso and Padua) and Emilia-Romagna (Bologna). History Istituto per l'Esercizio del Credito a Medio e Lungo Termine nella Regione Trentino – Alto Adige (Mediocredito Trentino – Alto Adige in short) was found in 1953 as a statutory corporation. At that time banks were separated from providing short-term loan and medium and loan term loan, which several Mediocredito was set up to enhance the post war recovery. The Ministry of the Treasury provided 800 million lire (54%) and Trentino – South Tyrol Region 450 million lire (36%). Due to Legge Amato the bank became a Società per Azioni (limited company), with a share capital of 66.240 billion lire. It was later increased to 112,470,400,000 lire, or €58,484,608. ...
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Raiffeisen Landesbank Südtirol – Cassa Centrale Raiffeisen Dell'Alto Adige
The Raiffeisen Landesbank Südtirol – Cassa Centrale Raiffeisen dell'Alto Adige is the central banking institute of the 39 independent Casse Rurali/Raiffeisenbank in South Tyrol. The central bank was related to Raiffeisenverband Südtirol (the association of South Tyrolian Raiffeisen), which is a member of the International Raiffeisen Union, an association of cooperatives based on the ideas of Friedrich Wilhelm Raiffeisen. The bank formed a joint venture AlpenBank with Raiffeisen-Landesbank Tirol (central institute of Austrian Tyrolian Raiffeisenbank), as well as a sub-holding company Casse Rurali Raiffeisen Finanziaria with Cassa Centrale Banca - Credito Cooperativo del Nord Est, which owned a significant stake in Investitionsbank Trentino Südtirol – Mediocredito Trentino Alto Adige. The Raiffeisen-Landesbank also owned a minority stake in ICCREA Banca, the central institute of Banche di Credito Cooperativo - Casse Rurali ed Artigiane in the whole Italy. See also * ICCRE ...
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ICCREA Banca
ICCREA Group known formerly as Istituto Centrale delle Casse Rurali ed Artigiane, is a central institution of Italian credit unions and rural savings banks. The holding company of the group was ICCREA Holding (from 1995 to 2016), while ICCREA Banca, ICCREA BancaImpresa and several companies were subsidiaries. However, ICCREA Banca revered merger with ICCREA Holding in mid-2016, as part of the banking reform of Italy. The co-operative banks of Italy would create strong central banks ( Cassa Centrale Banca had also applied to be another central bank) with power to recapitalize individual co-operative bank. Shareholders The share capital was represented by 21,954,905 ordinary shares with a par value of €51.65 each with a total value of €1,133,970,843.55 * Federazione Italiana delle Banche di Credito Cooperativo - Casse Rurali ed Artigiane ( Federcasse) * 15 regional credit union federations ** Federazione BCC Emilia Romagna (0.12%) * Cassa Centrale Banca - Credito Cooperativo del ...
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Co-operative Banking
Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take deposits and lend money in most parts of the world. Cooperative banking, as discussed here, includes retail banking carried out by credit unions, mutual savings banks, building societies and cooperatives, as well as commercial banking services provided by mutual organizations (such as cooperative federations) to cooperative businesses. A 2013 report by ILO concluded that cooperative banks outperformed their competitors during the financial crisis of 2007–2008. The cooperative banking sector had 20% market share of the European banking sector, but accounted for only 7% of all the write-downs and losses between the third quarter of 2007 and first quarter of 2011. Cooperative banks were also over-represented in lending to small and medium-sized businesses in all of the 10 countries included in the report. Credit unions in the US had five times lower failur ...
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European Central Bank
The European Central Bank (ECB) is the prime component of the monetary Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's Big Four (banking)#International use, most important central banks. The Governing Council of the European Central Bank, ECB Governing Council makes the projects for the monetary policy for the European Union with suggestions and recommendations and to the Eurozone with more direct applications of such policies, it also administers the foreign exchange reserves of EU member states in the Eurozone, engages in foreign exchange operations, and defines the intermediate monetary aims and objectives, and also the common interest rates for the EU. The Executive Board of the European Central Bank, ECB Executive Board makes policies and decisions of the Governing Council, and may give direction to the national central banks, especially when doing so for the Eurozone central ...
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Friuli Venezia Giulia
(man), it, Friulana (woman), it, Giuliano (man), it, Giuliana (woman) , population_note = , population_blank1_title = , population_blank1 = , demographics_type1 = , demographics1_footnotes = , demographics1_title1 = , demographics1_info1 = , demographics1_title2 = , demographics1_info2 = , demographics1_title3 = , demographics1_info3 = , timezone1 = CET , utc_offset1 = +1 , timezone1_DST = CEST , utc_offset1_DST = +2 , postal_code_type = , postal_code = , area_code_type = ISO 3166 code , area_code = IT-36 , blank_name_sec1 = GDP (nominal) , blank_info_sec1 = €38 billion (2018) , blank1_name_sec1 = GDP per capita , blank1_info_sec1 = €31,200 (2018) , blank2_name_sec1 = HDI (2019) , blank2_info_sec1 = 0.903 · 7th of 21 , blank_name_sec2 ...
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