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From Wikipedia, the free encyclopedia
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).
Native name |
|
---|---|
Formerly | Istituto per l'Esercizio del Credito a Medio e Lungo Termine nella Regione Trentino – Alto Adige |
Company type | public private joint venture |
Industry | Financial services |
Founded | 13 March 1953 |
Founder | Italian government |
Headquarters | 1 via Paradisi, Trento , Italy |
Number of locations | 2 headquarters and 4 branches (2015) |
Area served | Trentino, South Tyrol, Lombardy, Veneto and Emilia-Romagna |
Key people |
|
(€6,792,038) (2015) | |
Total assets | €1,343,882,561 (2015) |
Total equity | €181,286,022 (2015) |
Owner |
|
Number of employees | 85 (2015) |
Subsidiaries | Paradisidue S.r.l. (100%) |
Capital ratio | 17.84% (CET1) |
Website | Official website |
Footnotes / references in separate balance sheets[1] |
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.[2] 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.[3] It was later increased to 112,470,400,000 lire, or €58,484,608.
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