BANCA DI PIACENZA - SOCIETA' COOPERATIVA PER AZIONI products, services and reviews

About BANCA DI PIACENZA - SOCIETA' COOPERATIVA PER AZIONI

BANCA DI PIACENZA - SOCIETA' COOPERATIVA PER AZIONI is an Italian cooperative bank based in Piacenza, operating primarily in Emilia-Romagna and nearby regions through a local branch and ATM network, with retail, private, and SME banking as core activities. As a società cooperativa per azioni, ownership is held by member-shareholders and governance follows cooperative principles, while the business model centers on deposit gathering, payment services, lending to households and small and mid-sized enterprises, and the distribution of investment and insurance products. The offering typically includes current and savings accounts, debit and credit cards, domestic and SEPA payments, mortgages, personal and business loans, online and mobile banking, securities custody and order execution, and, where applicable, leasing, factoring, POS acquiring, and e-commerce solutions through in-house services or specialized partners. The bank operates under Italian and EU prudential regulation (CRR/CRD) within the Single Supervisory Mechanism, with ongoing supervision by the Bank of Italy and indirect oversight by the ECB; eligible deposits are covered by the Fondo Interbancario di Tutela dei Depositi up to the statutory limit. Funding is mainly customer deposits, supplemented by market instruments when needed; capital, liquidity, and asset quality metrics are reported in public disclosures and reflect the risk profile of a regional lender with exposure to local economic conditions. Digital channels provide standard functionality for payments, transfers, statements, and investment viewing, though onboarding and some services may require a branch visit, with KYC/AML checks applicable to residents and non-residents. Pricing follows Italian market practice, including account maintenance fees, card fees, and statutory stamp duties on certain accounts and securities; interest rates adjust with market conditions and may vary by product and channel. Corporate and institutional clients have access to cash management, guarantees, short-term credit lines, and medium-to-long term financing, potentially supported by national guarantee schemes where applicable. The institution participates in national and European payment infrastructures (SEPA credit transfers and direct debits, domestic debit circuits) and executes cross-border transfers via IBAN/SWIFT. Governance is overseen by a board elected by members with internal control and audit functions in place, and periodic financial reports are made available to the market. Prospective customers should review branch coverage, service scope, fees, and digital capabilities in light of their needs, noting the advantages and limits of a locally focused cooperative bank, including geographic concentration and comparatively narrower international services than larger national groups.