BANCA DI CREDITO COOPERATIVO PORDENONESE E MONSILE - SOCIETA' COOPERATIVA

BANCA DI CREDITO COOPERATIVO PORDENONESE E MONSILE - SOCIETA’ COOPERATIVA is an Italian cooperative bank operating primarily in the North-East, with a branch footprint concentrated in the provinces of Pordenone and Treviso and surrounding areas of Friuli Venezia Giulia and Veneto. It is affiliated with the Iccrea Cooperative Banking Group (Gruppo Bancario Cooperativo Iccrea) through a cohesion contract, participating in the group’s internal protection and support mechanisms and adopting centralized risk, compliance, and treasury frameworks set by the parent. The bank focuses on retail clients, professionals, small and medium-sized enterprises, and the agricultural sector, offering current accounts, payments, cards, mortgages, personal and business loans, leasing and insurance through group partnerships, as well as savings, investment services, and pension products distributed under the group’s architecture. Standard Italian and EU payment rails are supported, including SEPA transfers and instant payments where enabled, alongside Bancomat/PagoBancomat access across domestic ATM networks and digital channels via online and mobile banking. Governance follows the cooperative model with one-member-one-vote; customers can become members by subscribing to cooperative shares that are not listed, may be illiquid, and are subject to statutory redemption limits and capital adequacy constraints; these shares are at risk and are not covered by deposit guarantee schemes. Deposits are protected within the limits set by Italian law (generally up to EUR 100,000 per depositor per bank). As part of a consolidated group supervised under the European banking framework, the bank is subject to prudential requirements (CRR/CRD) and to the supervisory and transparency rules of Banca d’Italia and the ECB at group level; Pillar 3 disclosures and financial reporting are published through the group and the bank for capital, liquidity, and risk profiles. Its business model emphasizes local lending and relationships, which implies credit exposure concentrated in its home territories and sensitivity to regional economic performance and interest-rate cycles; funding is largely customer-deposit based, supplemented by group treasury, and operational services, payment processing, and investment products are largely provided via group companies and established third-party providers.