What Banca Tema does

Banca TEMA — legal entity Terre Etrusche di Valdichiana e di Maremma Credito Cooperativo – Società Cooperativa — is an Italian cooperative bank (Banca di Credito Cooperativo) and a member of Gruppo BCC Iccrea, the largest Italian-capital cooperative banking group and one of Italy's top-5 systemically important banking institutions. Operating through 46 branches across 95 municipalities in Tuscany, Umbria, and Lazio, the bank serves over 70,000 customers and 19,224 cooperative members (soci) with a staff of approximately 350. Its product suite spans current and savings accounts, mortgages, personal and business loans, payment cards (debit, credit, prepaid across the CartaBCC sub-brand family), investment funds distributed via BCCRisparmio&Previdenza SGR, life and P&C insurance through BCC Vita, BCC Assicurazioni, and Assimoco, merchant acquiring (PayWay, SmartPOS Connect, Pay by App), and PNRR consulting through Finservice.

The bank runs its technology on the RelaxBanking digital banking platform, integrates real-time Instant Payment and Satispay for consumer transfers, and operates PSD2-compliant open-banking connectivity through the CBI Globe platform (with Banca d'Italia fall-back exemption). Customer segments are organized around four pillars: Families/Individuals, Young People, Businesses/Professionals, and the Third Sector (non-profits and social enterprises). Banca TEMA monetizes through interest income on its EUR 1.4B loan book, transaction fees and account servicing charges, and distribution commissions on insurance, asset-management, and pension products. Its distinctive proposition is local decision-making within a deeply rooted territorial branch network, supported by an Italian-only cooperative ownership model.

FY2025 financials show net profit exceeding EUR 21M on EUR 216M of equity, with EUR 2.97B in total managed assets (EUR 2B direct + EUR 970M indirect, +12% YoY), a CET1 ratio of 21.87% (up from 19.40%), total capital ratio of 22.45%, and a substantially derisked loan book (net NPLs at 0.75%, down from 1.71%). The go-to-market is a hybrid of physical relationship banking and digital self-service via RelaxBanking, with targeted event-driven initiatives (internationalization workshops with SACE/SIMEST, cultural programming under BCC Arte&Cultura) supporting SME and community engagement.

Name

Banca Tema

Legal name

Terre Etrusche di Valdichiana e di Maremma Credito Cooperativo – Società Cooperativa

Website

https://bancatema.it

Company type

Private

Operating status

Operating

Short description

Banca TEMA is an Italian cooperative bank within Gruppo BCC Iccrea, serving over 70,000 retail, SME, third-sector, and youth customers across 46 branches in Tuscany, Umbria, and Lazio through current accounts, mortgages, payment cards, insurance, and wealth products distributed digitally and in person.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021), State Commercial Banks (6022)

akta.pro primary industry

Cooperative Banks (Member-Owned Commercial/Retail) (FSABAEAF)

Keywords

• Retail banking services
• Cooperative banking
• SME lending
• Digital banking platform
• Community banking

Headquarters

HQ city

Montallegro

HQ country

Italy

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel

Revenue model

1. Interest Income: Core banking revenue from interest earned on loans, mortgages, and credit facilities extended to retail customers, businesses, and the third sector.
2. Fee and Commission Income: Banking service fees, account maintenance charges, payment transaction fees, and commissions on financial products, insurance, and investment services.
3. Asset Management and Insurance Distribution: Distribution of investment funds (OICR through BCCRisparmio&Previdenza SGR), insurance products (BCC Vita, BCC Assicurazioni, Assimoco), and pension products with associated commissions.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

Banca Tema is an Italian cooperative bank offering retail and commercial banking services across central Italy. Its core offerings include current and savings accounts, payment cards, mortgages, personal loans, investment and pension products, insurance distribution, and merchant payment solutions, delivered through 46 physical branches and the RelaxBanking digital platform. The bank also provides specialized services for SMEs, professionals, third-sector organizations, and young customers.

Product overview

Banca TEMA (Terre Etrusche di Valdichiana e di Maremma Credito Cooperativo) is a cooperative bank belonging to Gruppo BCC Iccrea, offering a comprehensive suite of banking and financial services. The core offering centers on RelaxBanking (digital banking platform), traditional banking products (current accounts, payment cards, mortgages, investments, insurance), and merchant payment solutions (POS, PayWay, SmartPOS, Pay by App). The bank serves families, young people, businesses, professionals, and the third sector across 46 branches in Tuscany, Umbria, and Lazio. Digital services include Instant Payment (real-time payments), Satispay integration, and Finservice for PNRR consulting. Insurance products are provided through BCC Vita, BCC Assicurazioni, and Assimoco partnerships.

Differentiator

Problem solved

Functional benefit

Products and services

• RelaxBanking Digital banking platform enabling customers to execute banking operations 24/7, monitor accounts, and access financial services online and via mobile, available to retail and business customers.
• Instant Payment Real-time payment service enabling instant money transfers to and from all participating banks 24 hours a day, 7 days a week, accessible via RelaxBanking.
• Conti Correnti Checking and savings accounts for individuals and families, providing deposit, withdrawal, and payment transaction capabilities.
• Carte (Payment Cards) Payment cards including debit, credit, and prepaid cards for various customer segments, with sub-brands CartaBCC Green, Corporate, Tasca, TascaConto, TascaBusiness, and Impresa.
• Mutui e finanziamenti Mortgage and financing products for home purchase and personal lending needs for individuals and families.
• Investimenti e Previdenza Investment and pension products managed through OICR (collective investment vehicles) and pension funds via BCCRisparmio&Previdenza S.G.R.p.A.
• Assicurazioni Insurance products distributed through partner companies BCC Vita, BCC Assicurazioni, and Assimoco for life and non-life coverage for retail and business customers.
• POS and Merchant Payment Solutions Merchant payment acceptance solutions including PayWay (virtual POS for ecommerce), PayWay Mail (remote payment solution), SmartPOS Connect (digital POS), Pay by App (Android-based contactless POS), and POS Fisico & POS Virtuale. Targeted at merchants and businesses.
• Satispay Integration Mobile payment integration enabling simple, secure, and instant money exchanges between users, linked to bank accounts for both consumers and merchants.
• Finservice Subsidized Finance Advisory Consulting service for subsidized finance and PNRR (National Recovery and Resilience Plan) funding access, helping Italian enterprises access EU, national, and regional subsidies through the Gruppo BCC Iccrea framework.
• PSD2 Open Banking Interface PSD2-compliant interface enabling Third Party Providers (TPPs) to access account information and initiate payments, delivered via the CBI Globe open banking platform.

Quantifiable outcome

• Core Tier 1 Ratio at 21.87% (2025), up from 19.40% (2024) - significantly above regulatory requirements
• +2 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability1 record

Feature4 records

Partnerships

Eleven partnerships are on record, tiered major, core and minor.

• BCC Arte&Cultura / Futuri Emergenti ItalianimajorGTM or Marketing Partner · 2 July 2026Cultural initiative of Gruppo BCC Iccrea transforming bank branches into exhibition spaces for young emerging artists under 35. Banca TEMA participates by hosting art exhibitions, promoting local culture and community engagement. Part of the largest Italian distributed art exhibition project.
• ICCREA BancacoreStrategic or Co-development Partner · 21 May 2026Parent banking group and primary strategic partner. ICCREA Banca is the central institution of the Gruppo Bancario Cooperativo Iccrea. Banca TEMA organizes joint events with ICCREA Banca for business support, internationalization initiatives, and member services. Gruppo BCC Iccrea consists of 111 Banche di Credito Cooperativo with over 2,400 branches across Italy.
• SACEmajorStrategic or Co-development Partner · 21 May 2026Italian export credit agency and insurance-financial group supporting Italian businesses in international markets. Banca TEMA collaborates with SACE on events focused on internationalization, supplier credit, and export support. SACE provides guarantees and insurance for export transactions facilitated through Banca TEMA.
• SIMESTmajorStrategic or Co-development Partner · 21 May 2026Italian financial company supporting the internationalization of Italian businesses through export and international investment financing. Collaborates with Banca TEMA on export finance, internationalization events, and supplier credit solutions for SMEs.
• CBI Globe (CBI - Comitato di Bilancio Interassociativo)coreTechnology or Integration · 1 June 2019Global Open Banking Ecosystem platform providing PSD2-compliant interfaces for Third Party Providers (TPPs). All Gruppo BCC Iccrea banks, including Banca TEMA, connect through CBI Globe for open banking services, account aggregation, and payment initiation.
• BCC VitacoreChannel Partner/ Reseller/ DistributorLife insurance company of Gruppo Bancario Iccrea. BCC Vita products are distributed through Banca TEMA branches as part of the bancassurance offering.
• BCC AssicurazionicoreChannel Partner/ Reseller/ DistributorNon-life insurance company of Gruppo Bancario Iccrea. Property, casualty, and other insurance products distributed through Banca TEMA network.
• AssimocominorChannel Partner/ Reseller/ DistributorInsurance group of the Italian Cooperative Movement. Life and non-life insurance products offered through cooperative banking network.
• FinservicemajorStrategic or Co-development PartnerItaly's first company specializing in subsidized/assisted finance. Gruppo BCC ICCREA partnership for PNRR (National Recovery and Resilience Plan) support. Finservice helps Italian businesses access EU funds and subsidies, with a team of over 350 professionals in subsidized credit. First consultation is free.
• Numia S.p.A. (ex BCC Pay S.p.A.)coreTechnology or IntegrationElectronic money institution (Istituto di Moneta Elettronica) formerly known as BCC Pay. Issues CartaBCC branded debit cards, prepaid cards, and mobile payment solutions. Provides payment card infrastructure for Banca TEMA's card portfolio.
• BCCRisparmio&Previdenza S.G.R.p.A.coreChannel Partner/ Reseller/ DistributorAsset management and pension fund company of the Credito Cooperativo group. Founded 1984, manages mutual funds and pension products distributed through BCC network including Banca TEMA. Registered with Bank of Italy and pension fund registry.

Scale indicators14 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Chiantibanca: Tuscan cooperative bank serving similar local communities with traditional banking services and Gruppo BCC Iccrea affiliation.
• Banca Cambiano 1884: Italian cooperative bank (Banca di Credito Cooperativo) operating in Tuscany with similar relationship banking model and member-owned structure.
• Banca di Anghiari e Stia: Tuscan cooperative bank under Gruppo BCC Iccrea with similar geography, customer base, and cooperative banking model.
• Banca del Valdarno: Italian cooperative bank (BCC) in the same Gruppo BCC Iccrea network serving overlapping central Italian regions with comparable retail and SME banking services.
• Banca Centro Toscana Umbria: Another Italian cooperative bank (BCC) operating in the same Tuscany-Umbria territory under Gruppo BCC Iccrea, with similar product offerings, branch model, and customer segments.

Emerging players

• Illimity Bank: Italian digital-native bank increasingly competing for SME banking relationships, including some in the same geographic regions and customer segments.

Broad incumbents

• Crédit Agricole Italia: Italian arm of French banking group with significant presence in central Italian regions, competing for retail and SME banking customers.
• Banca Monte dei Paschi di Siena: Major Italian commercial bank headquartered in Siena, Tuscany, with overlapping geographic territory and broader product portfolio including retail, SME, and wealth management.
• Banca Sella: Italian commercial bank with strong digital banking platform and merchant payment services, competing for similar customer segments including SMEs and retail.
• Banca Mediolanum: Large Italian retail-focused bank with strong digital and advisory capabilities, competing for the same retail and family customer segments in central Italy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/bancatema
• YouTubeyoutube.com/channel/UClYp2_dwTyLNsO7qf76nHtg
• Facebookfacebook.com/bancatema
• LinkedInlinkedin.com/company/bancatema
• Instagraminstagram.com/bancatema

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Banca Tema