2017 PROFILE PROFILE
Cassa di Risparmio di Volterra S.p.A. was founded in 1494 A.D., and since then has always distinguished itself for its relationship with the local territory. It represents the most typical and essential support for medium and small sized industrial companies, agriculture, commerce and handicraft activities as well as families. It has always shown particular attention to its own territory of business, with a continuous support to local economy. Composed by high standing members and chaired by Prof. Giovanni Manghetti (for over eight years Director and President of ISVAP Italian High Authority for Insurance Services), Cassa di Risparmio di Volterra S.p.A. has started a large number of initiatives which could prepare its own future, while it has continued to deeply root in the local territory of business. Also for these reasons, Cassa di Risparmio di Volterra S.p.A. has been granted “Special Mention for Bank Technological Infrastructures” by the Italian Bank Industry Association during “ABI Award for Innovation in Bank Services” in 2013, thanks to the project of desktop virtualization which avoids large use of paper documentation for the safeguard of the environment. For the same project Cassa di Risparmio di Volterra S.p.A. was also granted a special statement by Green Global Banking Awards in 2013.
NON CHIAMARLA BANCA LUCCA VIAREGGIO LUNATA TARGET MARKET
PONTASSERCHIO STABBIA BASSA
PISA BIENTINA AGENZIA DI CITTÀ N°1
All savings collected are invested in 6 different provinces S. CROCE PONTEDERA SULL’ARNO S. MINIATO of Tuscany, where the bank operates with 70 branches, BASSO CENAIA PONSACCO in support to families, small and medium enterprises. CAPANNOLI PERIGNANO CASTELFIORENTINO
CRESPINA Cassa di Risparmio di Volterra S.p.A. is in conclusion a S. PIETRO BELVEDERE AGENZIA DI CITTÀ N°2 CEVOLI FAUGLIA AGENZIA DI CITTÀ N°1 LARI SELVATELLE traditional bank, mindful of the market and capable to offer PECCIOLI CERTALDO LIVORNO CASCIANA TERME ORCIANO PISANO FABBRICA to its customers the answers to their financial and savings TERRICCIOLA DI PECCIOLI requests. SANTA LUCE VILLAMAGNA CHIANNI POGGIBONSI CASTELLINA M.MA ROSIGNANO M.MO VOLTERRA COLLE VAL D’ELSA AGENZIA DI CITTÀ N°1 ROSIGNANO SOLVAY
RIPARBELLA MONTECATINI V.C. NEGOZI FINANZIARI S. PIETRO IN PALAZZI CRV SOTTOCASA SALINE DI VOLTERRA MONTESCUDAIO PONTEGINORI VADA GUARDISTALLO CECINA AGENZIA DI CITTÀ N°1 POMARANCE LUCCA PROV. PISA PROV. LIVORNO PROV. PROV. DI LUCCA CASALE M.MO
LA CALIFORNIA PROV. DI PISA LARDERELLO FLORENCE PROV. SIENA PROV. GROSSETO PROV. BIBBONA PROV. DI LIVORNO SERRAZZANO CASTELNUOVO V.C. PROV. DI FIRENZE MONTEVERDI M.MO
PROV. DI SIENA
S. VINCENZO PROV. DI GROSSETO
VENTURINA MASSA MARITTIMA
PIOMBINO NON CHIAMARLA BANCA FOLLONICA
PORTOFERRAIO CAPOLIVERI MARINA DI CAMPO
GROSSETO SHAREHOLDERS
5% FONDAZIONE CASSA DI RISPARMIO DI VOLTERRA VOLTERRA - ITALY
CASSA DI RISPARMIO DI SAN MINIATO 20% SAN MINIATO - ITALY FONDAZIONE CASSA DI RISPARMIO 75% DI SAN MINIATO SAN MINIATO - ITALY
NON CHIAMARLA BANCA AFFILIATED COMPANIES
UNDER 20% CEDACRI SPA / Collecchio 7.963% CONSORZIO FORMAZIONE VOLTERRA SOC CONSORTILE 19.637% PROMOZIONE E SVILUPPO VAL DI CECINA SRL / Cecina 5.720% TERRE DELL’ETRURIA SOC.COOP.A.R.L. / Italy 0.882%
AUDITORS: PricewaterhouseCoopers S.p.A.
NON CHIAMARLA BANCA HEAD OFFICE DETAILS
PO Box 65, Piazza Dei Priori 16, 56048 Volterra (PI) SWIFT/BIC: CRVO IT 3V Italy Tel: +39 0588 91111 ABI/CAB: 06370/71221 Fax: +39 0588 86940 CHIPS UID: 064508 Email: [email protected] Website: www.crvolterra.it
Ownership type: Joint Stock Bank Regulator: Banca d’Italia Member of: Associazione per la Tutela degli Investitori in Titoli Argentini, Banca d’Italia Regolamento Lordo, Corporate Banking Interbancario, Trans-European Automated Real-Time Gross Settlement Express Transfer System, Fondo Interbancario di Tutela dei Depositi e Fondo Nazionale di Garanzia Office Summary: 70 branches (as of 31/12/2016) Average number of employees divided by category as of 31/12/2016: Managers 6 Total officers 138 Total remaining employees 378 Other employees 2 TOTAL 524
NON CHIAMARLA BANCA FINANCIALS UNCONSOLIDATED BALANCE SHEET DECEMBER 31 IN EUR
LIABILITIES
2016 2015
Capital 72,304,400 72,304,400 Subordinated Loan 20,000,000 20,000,000 Reserves 91,988,927 108,047,687 Deposits &c 1,580,765,317 1,408,455,206 Borrowings &c 400,683,927 539,617,550 Other Liabilities 484,453,409 200,251,861 Profits/(Loss) (2,324,074) (11,272,074)
TOTAL 2,647,871,906 2,337,404,630
For further financial information, please refer to our homepage on the website: www.crvolterra.it For official documents: www.crvolterra.it/bilanci-annuali/
NON CHIAMARLA BANCA FINANCIALS UNCONSOLIDATED BALANCE SHEET DECEMBER 31 IN EUR
ASSETS
2016 2015
Cash & Banks 946,529,747 614,230,368 Investments 64,658,554 52,946,100 Loans &c 461,898,746 478,155,188 Mortgages 1,048,412,000 1,063,046,000 Fixed Assets 30,667,690 30,397,456 Other Assets 95,705,169 98,629,518
TOTAL 2,647,871,906 2,337,404,630
For further financial information, please refer to our homepage on the website: www.crvolterra.it For official documents: www.crvolterra.it/bilanci-annuali/
NON CHIAMARLA BANCA FINANCIALS UNCONSOLIDATED BALANCE SHEET DECEMBER 31 IN EUR
PROFIT & LOSS STATEMENT
2016 2015
Net Interest Income 39,316,686 41,066,303 Other Income 57,147,812 66,259,136 Other Expense (98,788,572) (118,597,513)
Net Profit/(Loss) (2,324,074) (11,272,074)
For further financial information, please refer to our homepage on the website: www.crvolterra.it For official documents: www.crvolterra.it/bilanci-annuali/
NON CHIAMARLA BANCA FINANCIALS UNCONSOLIDATED BALANCE SHEET DECEMBER 31 IN EUR
PERFORMANCE RATIOS
2016 2015
Net Profity/Equity Capital (1.43)% (6.67)% Net Profity/Total Assets (0.09)% (0.48)% Equity Capital/Total Assets 6.12% 7.23%
For further financial information, please refer to our homepage on the website: www.crvolterra.it For official documents: www.crvolterra.it/bilanci-annuali/
NON CHIAMARLA BANCA PERSONNEL
BOARD OF DIRECTORS STATUTORY AUDITORS MANAGEMENT PRESIDENT PRESIDENT GENERAL MANAGER Giovanni Manghetti Carlo Rossi Stefano Picciolini VICE PRESIDENT AUDITORS VICE GENERAL MANAGER Giorgio Ghionzoli Sergio Volterrani Stefano Pitti Andrea Fidanzi BOARD MEMBERS Sergio Ninci ALTERNATE AUDITORS Antonio Cioppa Ciro Gennaro Corvese Francesco Della Santina Pasquale Giovinazzo Alessandro Viti
FOR FURTHER INFORMATION
Nicola Parenti Area Manager +39 0588 91370 [email protected]
Leonardo Rossi Head of M.O. Finance & Intl Div. +39 0588 91492 [email protected]
NON CHIAMARLA BANCA