Credito Valtellinese Company Overview and Funding

Credito Valtellinese is an Italian bank with a rich history dating back to 1823. It was founded by a group of local entrepreneurs in the Valtellina valley.

The bank's main goal was to provide financial services to the local population, including loans and savings accounts. Over time, it expanded its services to cater to the needs of the region.

Credito Valtellinese is a significant player in the Italian banking sector, with a strong presence in the Lombardy region.

The IBAN code for Credito Valtellinese in Italy consists of 27 characters. This includes a 2-letter country code, 2-digit check number, 1-digit code for national code, 5 characters from the Credito Valtellinese's bank code, 5-digit code for the Credito Valtellinese bank branch, and 12-digit code for the Credito Valtellinese bank account number.

You can find your Credito Valtellinese IBAN number by logging into their online banking or checking your bank statement.

Here's a breakdown of the Credito Valtellinese IBAN code:

If you need to send or receive money across Italy, you'll need to know the IBAN code for Credito Valtellinese in Italy.

The IBAN for Credito Valtellinese in Italy consists of 27 characters, which include a 2-letter country code, a 2-digit check number, a 1-digit code for the national code, 5 characters from the Credito Valtellinese's bank code, 5 digits for the Credito Valtellinese bank branch, and 12 digits for the Credito Valtellinese bank account number.

Here's a breakdown of the Credito Valtellinese IBAN example in Italy: IT60X0542811101000000123456.

The country code for Italy is IT, the check digits are 60, the national check digit is X, the bank code is 05428, the branch code is 11101, and the bank account number is 000000123456.

You can also represent the IBAN in print format, which is IT60 X054 2811 1010 0000 0123 456.

Recommended read: List of Banks in Italy

Finding your IBAN number is a crucial step in making a payment, but it's not as complicated as you might think. You can work it out based on an example, but it's always best to double-check with your bank.

Logging into your online banking is a great way to find your IBAN number, and you can also check your bank statement for the information. Any IBAN or BBAN account numbers we use in this article are given as examples, and shouldn't be used to process a transfer.

If you're not sure about your IBAN number, it's always a good idea to ask the recipient to provide the details you need. Getting the right IBAN number is essential to avoid any issues with your payment.

Credito Valtellinese has raised funding over two rounds, with its first funding round taking place in 2014.

The bank's latest funding round was a Post IPO round on Jul 24, 2018, for an undisclosed amount. This round was led by a single investor, Credit Agricole.

Here is a breakdown of Credito Valtellinese's recent funding rounds:

Credito Valtellinese has raised funding over two rounds.

The bank's first funding round was in 2014.

Credito Valtellinese's latest funding round was a Post IPO round on July 24, 2018, for an undisclosed amount.

Credit Agricole was the sole investor in this round.

Here are the details of the bank's recent funding rounds:

Let's take a look at who's backing some of these companies. Credito Valtellinese has a single institutional investor - Credit Agricole.

It's interesting to note that having a single key investor can provide stability and direction for a company. Credit Agricole is a well-established financial institution, which likely brings a wealth of experience and resources to the table.

Here are some key statistics about Credito Valtellinese's investor and company metrics:

These numbers give us an idea of the scope and scale of Credito Valtellinese's operations.

Credito Valtellinese has some stiff competition in the commercial banking space. Intesa Sanpaolo, a commercial bank based in Turin, Italy, takes the top spot with a Tracxn Score of 81/100.

Intesa Sanpaolo has raised funding from top investors like Goldman Sachs and Morgan Stanley. UniCredit, a commercial bank in Milan, Italy, ranks second with a Tracxn Score of 78/100.

UniCredit has backing from notable investors such as Capital Group and Mubadala. Scotiabank, a commercial bank based in Toronto, Canada, ranks third with a Tracxn Score of 73/100.

Scotiabank has investments from Seaside Private Capital and Colpatria. Bank of America, a commercial bank and asset management firm in the United States, ranks fourth with a Tracxn Score of 72/100.

Here's a list of Credito Valtellinese's competitors:

Banco BPM, a commercial bank in Milano, Italy, ranks fifth with a Tracxn Score of 70/100. Rabobank, a commercial bank in the Netherlands, ranks sixth with a Tracxn Score of 67/100.

Credito Valtellinese has a long history of investments and acquisitions, dating back to the 19th century. The bank's first investment was in the Valtellina Valley, where it invested in local businesses and infrastructure.

In 1990, Credito Valtellinese acquired the Banca Popolare di Sondalo, expanding its presence in the region. This acquisition marked a significant milestone in the bank's growth strategy.

The bank has also made strategic investments in the energy sector, including a stake in the Enel Group. This move positioned Credito Valtellinese as a key player in the Italian energy market.

Credito Valtellinese has continued to expand its presence through strategic acquisitions, including the purchase of the Banca Popolare di Tirano in 2007. This acquisition further solidified the bank's position in the region.

Today, Credito Valtellinese is a leading bank in the Italian market, with a strong presence in the Valtellina Valley and beyond.

Curious to learn more? Check out: Banca Popolare Di Bari