Banca Teatina information

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Banca Teatina

Former head office in Chieti
Formerly	Nuova Cassa di Risparmio di Chieti
Company type	Subsidiary
Industry	Financial services
Predecessor	Cassa di Risparmio Marrucina Cassa di Risparmio di Guardiagrele Cassa di Risparmio della Provincia di Chieti
Founded	1862 (C.R. Marrucina) 1938 (Marrucina & Guardiagrele merged) 1992 (S.p.A. and Foundation spin-off) 2015 (re-founded)
Founder	Fondazione Chieti in 1992 Bank of Italy in Rome in 2015
Defunct	26 February 2018
Fate	Became UBI Banca branches
Successor	Fondazione Chieti (charity only)
Headquarters	Chieti Scalo, Chieti, Italy (de facto) Bergamo, Italy (registered office)
Number of locations	63 branches (filiali) (2016)
Area served	Abruzzo Region Rome, Perugia, San Benedetto del Tronto and Milan (cities outside Abruzzo)
Key people	Osvaldo Ranica (chairman) Raffaele Avantaggiato (CEO)
Services	Retail and corporate banking
Net income	€0008 million (2016)
Total assets	€2.965 billion (2016)
Total equity	€0119 million (2016)
Owner	UBI Banca (100%)
Number of employees	548[1]: 17  (2016)
Parent	UBI Banca
Capital ratio	11.29% (CET1, Dec.2016)
Website	www.carichieti.it
Footnotes / references source[1]

Banca Teatina S.p.A. formerly known as Nuova Cassa di Risparmio di Chieti S.p.A. was an Italian savings bank headquartered in Chieti Scalo, Chieti, Abruzzo region. The bank was formed on 22 November 2015 to replace the old Cassa di Risparmio della Provincia di Chieti S.p.A. which was under special administration from 2014 to 2015. The bank was bought by UBI Banca on 18 January 2017 for a nominal fee. Cassa di Risparmio della Provincia di Chieti S.p.A. was the successor of the bank that known as "Cassa di Risparmio della Provincia di Chieti", which was under legal reconstruction in the 1990s. The former legal entity of "Cassa di Risparmio della Provincia di Chieti" became Fondazione Cassa di Risparmio della Provincia di Chieti, which was the majority shareholder of the S.p.A. before its failure in 2015.