Italy notifications | European Banking Authority

Resolution cases

Notification from the Bank of Italy on updated resolution strategy for four banks

The European Banking Authority (EBA) has received a notification from the Baca d'Italia (Bank of Italy) regarding the updated resolution strategy for four banks (the Banca delle Marche, Banca Popolare dell'Etruria e del Lazio, Cassa di Risparmio di Ferrara and Cassa di Risparmio della Provincia di Chieti) which have been put under resolution on 25 November 2017.

To find out more about the decision, click here.

To find out more about the previous decisions taken regarding resolution of these banks, click here.

05/06/2017

Liquidation cases with DGS payouts

Other DGS interventions

Notification from Bank of Italy in relation to the national insolvency proceeding of Aigis Banca S.p.A.

The EBA has received a notification from Bank of Italy as Designated Authority in relation to the national insolvency proceeding of Aigis Banca S.p.A. which required the use of funds (EUR 48.8 million) from the Italian Interbank Deposit Protection Fund (Fondo Interbancario di Tutela dei Depositi) in order to support the transfer of the assets and liabilities (including the deposit book) of the mentioned bank to the Banca Ifis S.p.A. Aigis Banca S.p.A. had 11,777 covered depositors with covered deposits of EUR 404,946 million. Click here to view the notification letter.

23/05/2021

Notification from the Bank of Italy in relation to the use of deposit guarantee scheme’s available financial means to prevent the failure of Banca del Fucino

The EBA has received a notification from the Bank of Italy in relation to the use of deposit guarantee scheme’s available financial means to prevent the failure of Banca del Fucino. Click here to view the notification letter.

21/01/2020

Notification from the Italian Interbank Deposit Protection Fund (Fondo Interbancario di Tutela dei Depositi) in relation to the national insolvency proceeding of Banca Sviluppo Economico S.p.A.

The EBA has received a notification from the Italian Interbank Deposit Protection Fund (Fondo Interbancario di Tutela dei Depositi) in relation to the national insolvency proceeding of Banca Sviluppo Economico S.p.A. which required the use of DGS funds (EUR 4.5 million) in order to support the transfer of the assets and liabilities (including the deposit book) of the mentioned bank to the Banca Agricola Popolare di Ragusa S.p.A.. The guaranteed deposits amounted to EUR 26.80 million covering 1602 depositors.

Click here to view the notification letter.

27/07/2018