Credito Emiliano SpA - Company Profile
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Credito Emiliano SpA (Credem) is an Italian provider of banking and wealth management and insurance service provider. Adequate capital, cost efficiency and improved asset quality are the key strengths of the bank, even as business performance of Asset Management could be a cause for concern. Emergence of FinTech, the short-term economic outlook in Italy, and growing market for payment channels in Italy could provide ample growth opportunities to the bank. However, litigation risks, risks related to online identity theft and hacking, and emergence of neobanks, may affect the bank’s business performance.
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