Banca di Credito Popolare di Torre del Greco: Guida Completa

Banca di Credito Popolare di Torre del Greco is a bank that offers a wide range of financial services to its customers. It has a strong presence in the local community.

The bank was founded in 1919, making it a long-standing institution in the area. Its headquarters is located in Torre del Greco, Italy.

With a rich history, the bank has been able to adapt to the changing needs of its customers over the years. It offers a variety of products and services, including personal banking, business banking, and investment services.

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The Banca di Credito Popolare di Torre del Greco has been partially commissariated by Bankitalia due to some questionable investments in titles that have weakened its financial capacity.

The bank is operating under close observation and has been advised to make provisions, which would result in a loss of 16.5 million euros for the 2023 fiscal year.

Three top managers have been appointed to replace others who were held responsible for the bank's financial issues.

The bank's 2022 financial statement, which initially showed an 8 million euro profit, was later revised to 5.3 million euros due to a review of a structured title.

The value of the bank's structured titles in its portfolio was 193 million euros as of March 2023.

The bank will need to be recapitalized by a new partner in the coming months.

A new plan for the bank's recovery is being prepared and will likely involve a capital increase of between 30-50 million euros.

The bank operates in 7 territorial areas with 64 branches, including 43 in the province of Naples.

It has 5737 shareholders and completed the merger of the Banca Regionale di Sviluppo (BRS) last year.

The bank's financial statements showed a gross loss of 20.5 million euros in the finance area, which, combined with a collective reserve of titles, resulted in a net loss of 32.3 million euros.

The loss was mainly due to the write-down of HTC titles and minusvalences on other fair value activities.

The bank's personnel costs, which increased by over 10% due to the BRS merger, amount to 42.3 million euros.

The bank's operating costs, which rose by over 15%, are 25.9 million euros.

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Banca di Credito Popolare - Filiale di Torre del Greco is located in Corso Vittorio Emanuele, 175, 80059 Torre del Greco (NA).

You can easily reach the bank by using the official map on Pagine Bianche.

The bank has specific opening hours, which are the same from Monday to Friday: 8:20 AM to 1:20 PM and 2:40 PM to 3:40 PM.

On Saturdays and Sundays, the bank is closed.

Here are the bank's opening hours listed out: