Banca Teatina Banking Services and Solutions

At Banca Teatina, banking services and solutions are designed to meet the diverse needs of individuals and businesses. The bank offers a wide range of financial products and services.

Personalized banking is a key aspect of Banca Teatina's service. Clients can rely on the expertise of the bank's advisors to create customized financial plans.

From everyday transactions to long-term investments, Banca Teatina's banking solutions cater to various financial goals. The bank's services are accessible through multiple channels, including online and mobile banking.

With Banca Teatina, clients can manage their finances with ease and confidence.

For more insights, see: Strategic Banking Corporation of Ireland

Banca Teatina has a unique banking foundation that operates as a charity organization. This foundation was spun off from its former largest shareholder, Fondazione Chieti – Abruzzo e Molise.

The foundation still maintains a significant presence, owning a substantial amount of assets. As of 31 December 2016, the foundation had a net assets of €11 million.

Interestingly, this is a stark contrast to the foundation's assets in 2014, which stood at €89 million.

Ubi Banca has successfully integrated Banca Teatina into its system, ensuring seamless operations in all migrated branches.

The integration involved 58 branches, and it was completed after Banca Teatina was acquired on February 22.

Ubi Banca's system is now fully operational after the migration, guaranteeing the continuity of services for customers.

Nuova Carichi e was a significant turning point for Banca Teatina. On November 22, 2015, the bank split into a "good" and "bad bank".

This move marked the end of the foundation's control over the company, which had no assets but share capital and subordinated debt. The new bank had a share capital of €141 million and a Tier 1 capital ratio of estimated 9%.

The bad loans were transferred to a single "bad bank" REV - Gestione Crediti, which was shared with Carife, Banca Etruria, and Banca Marche. This transfer was completed in January 2016.

At the time, CariChieti had a net equity of €117 million and a CET1 ratio of 9.53%.