Moody's): A2
Fitch rating: a
S&P； P):(A-)
It has a long history and outstanding performance.
Italy's banking industry has a long historical tradition, and the world's first modern commercial bank was born. Lombarda Bank and Piedmont Bank were formed by the merger of Bresciano Agrario Credit Bank (CAB, established in 1883) and Banca San Paolo di Brescia S.p.A, established in 1888. The experience of banking management in the past hundred years has made Lombardy and Piedmont Bank have a profound historical background.
As the top listed banks in Italy (listed on Milan Stock Exchange), Lombardy Bank and Piedmont Bank have very distinctive business characteristics-focusing on small and medium-sized enterprise customers, deeply cultivating advantageous areas, and rich and long-standing management experience, making them the banks with the best risk control and the strongest profitability in Italy. Even in the face of the current stagnant economic growth environment in Europe, the business growth indicators of Lombardy Bank and Piedmont Bank still far exceed the level of the same industry.
Lombardy Bank and Piedmont Bank were given high credit ratings of A2, A- and A by international authoritative credit rating agencies Moody's, Standard & Poor's and Fitch respectively because of their excellent profitability, excellent risk management level and bad debt rate below 65,438+0%. In recent ten years, Lombardy and Piedmont Bank have developed at an alarming rate. At present, Lombardy and Piedmont Bank have about 800 branches and 7,600 employees, providing financial services such as commercial banking, asset management, custody and securities. By the end of the third quarter of 2005, the total asset management business of Lombardy and Piedmont Bank Group exceeded 26 billion euros, which can be said to be one of the advantages of Lombardy and Piedmont Bank.
Public Offering of Fund has rich management experience.
The Lombardy and Piedmont banks, where Italy is located, have very developed asset management industries. By the end of 2003, the assets of its public securities investment fund exceeded 65,438+0 trillion euros, second only to France in continental Europe. Years of experience in asset management have enabled some financial institutions in Italy to achieve world-class investment management and risk control, among which Capitalgest Asset Management Company under Lombardy and Piedmont Bank is an outstanding representative.
Lombardy and Piedmont Banking Group have rich management experience in fund public offering, and their five fund management companies manage a full range of fund products from the most traditional to the most innovative. One of the most famous fund companies is Capital Gestsgr S.P.A, with total assets under management close to 20 billion euros. It is recognized as one of the best Italian Public Offering of Fund management companies, and many funds managed by it have been rated as four-star or five-star funds by American Morningstar Fund Rating Agency.
At present, more than 200,000 customers of Capital Gest have invested in 25 mutual fund products issued by the company. These fund products are widely invested in the world's major stock markets and bond markets, with complete product types, and most of them have been highly rated by Morningstar, an internationally renowned fund rating agency. Capitalgest is recognized as one of the best fund management companies in Italy. As an asset management company with active investment management strategy, Capitalgest, with its advanced asset management and risk control technology, has maintained a steady growth in the scale of assets under management in recent years, fully demonstrating its strength and credibility as a first-class asset management company.
Steady operation pays attention to cost control and risk control
Lombardy and Piedmont Bank attach great importance to cost control and risk control, and this strict concept of risk control and cost control has contributed to the excellent performance of Lombardy and Piedmont Bank. As commercial banks, Lombardy and Piedmont's non-performing loan ratio has always remained below 65,438+0%, ranking second to none in Italy's domestic banking industry.
Attach importance to the transnational transplantation of successful experience in China market.
As early as the beginning of 2003, the board of directors of Lombardy Bank and Piedmont Bank had made a decision to focus their future business on Asia, especially China. China has created and will continue to create great miracles of economic growth.
As a developed country, although the economic development of Italy is much higher than that of China, there are strong similarities between Italy and China in the main factors of developing the securities investment fund industry. For example, the Italian economy is very close to that of China. Both Italy and China have a profound cultural heritage and a long tradition. People pay attention to saving and steady investment, which is highly consistent with the personality characteristics of ordinary people in China. In view of these characteristics of Italian investors' demand, the asset management companies under Lombardy and Piedmont Bank have accumulated rich investment and sales experience in Public Offering of Fund in the long-term operation. The successful transplantation of these valuable experiences will certainly contribute to the innovative development of China's securities investment fund industry. Lombardy and Piedmont Bank will make full use of the human and technical resources of their five asset management companies to support China Europe Fund. Lombardy Bank and Piedmont Bank believe that their future asset management business will gradually focus on joint ventures in China. It is predicted that in the next decade, the asset management scale of CEIBS Fund will probably exceed that of Capitalgest, the largest asset management company under the Bank. To this end, in order to achieve this goal, Lombardy and Piedmont Bank will spare no effort to contribute resources to promote the business development of the joint venture company.
Forbes' ranking of the top 2000 global listed companies in 2006: 1072
Name: Lombard Bank Group
Country: Italy
Industry: Banking
Sales (USD 100 million): 27. 1
Profit (USD 100 million): 2. 1
Assets (billion US dollars): 453.6
Market value (USD 100 million): 53.6 million.