Question 1

What is Banca di Asti?

Accepted Answer

Banca di Asti (officially Cassa di Risparmio di Asti S.p.A.) is an Italian savings bank based in Asti, Piedmont. Founded in 1842, it is a fast and flexible commercial bank serving local families and small-to-medium enterprises across northern Italy. With total assets of €12.2 billion as of 2023, it ranks as the 26th largest bank in Italy, holding a 0.40% market share.

The bank operates 209 branches and employs approximately 1,600 people. It has expanded beyond its traditional Piedmont base through strategic acquisitions, forming the Gruppo Cassa di Risparmio di Asti.

Question 2

When was Banca di Asti founded?

Accepted Answer

Banca di Asti was founded on January 25, 1842 as a charitable institution in the Kingdom of Sardinia with initial capital of 10,000 lire. Banking operations began on January 3, 1844 under the name "Cassa di Risparmio e di Previdenze della provincia di Asti."

The bank officially opened for weekly operations, dedicating Wednesdays for deposits and Saturdays for withdrawals. The name was changed by Royal Decree on June 6, 1867 to "Cassa di Risparmio della provincia di Asti."

Following the Legge Amato banking reform, the bank was transformed into a joint-stock company (società per azioni) on July 13, 1992, with Fondazione Cassa di Risparmio di Asti established as the separate banking foundation. The Gruppo Cassa di Risparmio di Asti was formed after December 28, 2012, when Banca di Asti acquired Biverbanca.

Question 3

Where is Banca di Asti headquartered?

Accepted Answer

Banca di Asti is headquartered in Asti, Piedmont, at Piazza Libertà 23, in northern Italy.

Question 4

Where does Banca di Asti operate?

Accepted Answer

Banca di Asti operates across five regions of northern Italy:
• Piedmont: Strong presence throughout the region, including Asti, Alessandria, Cuneo, and Turin provinces
• Valle d'Aosta: Regional branches serving the Alpine valley
• Lombardy: Branches in Milan, Monza and Brianza, Bergamo, and Brescia provinces
• Liguria: Presence in Genoa and surrounding areas
• Veneto: Branches in Verona, Padua, and Treviso provinces

With 209 branches, the bank maintains particularly strong ties to its traditional Piedmont territory while serving clients across northern Italy.

Question 5

What services does Banca di Asti offer?

Accepted Answer

Banca di Asti offers comprehensive retail and commercial banking services:
• Personal banking: Current accounts (including digital Conto Match), savings accounts, deposit products
• Payment services: Debit and credit cards (Nexi partnership), mobile payments
• Lending products: Mortgages (including special programs for under-36 buyers), personal loans, consumer credit
• Business banking: Dedicated business accounts (Dediconto), corporate financing, cash management
• Investment services: Wealth management, asset management, investment advisory
• Insurance products: Life and property insurance (Salutissima health program)
• Specialized financing: Factoring, leasing solutions through subsidiary Pitagora S.p.A. (cessione del quinto lending)
• Digital services: Online banking (Banca Semplice Corporate), mobile app, remote advisory

Question 6

What makes Banca di Asti unique?

Accepted Answer

Banca di Asti distinguishes itself through deep territorial roots combined with modern agility. With over 180 years of history, the bank emphasizes long-lasting customer relationships built on mutual trust and local economic support.

The bank's strong capitalization and prudent risk management are notable—maintaining one of the lowest non-performing loan ratios among Italian regional banks at approximately 1.8% (net NPL ratio).

Banca di Asti has pursued a strategic expansion model while preserving local identity, successfully integrating Biverbanca (2012-2021) and Pitagora (2015) to create a diversified group. The bank secured a €100 million facility from the European Investment Bank in 2025 to support agricultural SMEs.

The bank's commitment to sustainability earned it recognition for ESG initiatives, and it actively supports community development through the Fondazione Cassa di Risparmio di Asti.

Question 7

What type of financial institution is Banca di Asti?

Accepted Answer

Banca di Asti is a cassa di risparmio (savings bank), a traditional Italian banking category originally focused on promoting savings and supporting local economic development.

As a modern institution, it operates as a banca commerciale (commercial bank) providing full retail and corporate banking services. The bank is structured as a società per azioni (joint-stock company) with significant ownership by Fondazione Cassa di Risparmio di Asti (31.80%), Fondazione Cassa di Risparmio di Biella (12.91%), and Banco BPM (9.99%).

Banca di Asti participates in Italy's deposit guarantee scheme (FITD), protecting deposits up to €100,000 per depositor.

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