Italy's largest cooperative banking group with €164B in consolidated assets
Gruppo BCC Iccrea is the fourth-largest banking group in Italy and the only nationally-scaled cooperative bank group with entirely Italian capital. The tech stack reveals a traditional banking core (Oracle HCM, SQL Server, PL/SQL) paired with modern cloud infrastructure (AWS, Azure, GCP) and DevOps tooling (Docker, Kubernetes, Jenkins), indicating active digital modernization. Active hiring in engineering and data roles, combined with projects around S/4HANA migration and digital experience improvement, signals operational consolidation of its 112 member banks across 1,700+ municipalities.
Gruppo BCC Iccrea operates as Italy's largest cooperative banking group, formed in 2019 to unify the country's network of cooperative credit unions under regulatory reform. The group encompasses 112 member banks (Banche di Credito Cooperativo), serving over 5.2 million customers and 900,000 members across nearly 2,500 branches. As of mid-2024, the group managed €93.4 billion in net loans and €137 billion in direct customer deposits. The organization manages significant technology infrastructure underpinning digital channels, risk management, compliance, and internal finance operations across a geographically dispersed network.
€164 billion in consolidated assets as of 31 March 2025, making it the fourth-largest banking group in Italy.
Nearly 2,500 branches across 112 member banks present in over 1,700 Italian municipalities, serving 5.2 million customers.
Active projects include S/4HANA migration, digital experience enhancement on web and mobile banking channels, and tax risk management reporting systems.
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