An Italian Bank, a full-service banking hub for people, companies and entrepreneurs.
We specialize in Retail and Corporate banking, as well as Wealth Management. Additionally, we operate in the NPL sector, Structured Finance, Special Situations, and Tax Credits.
Every day, we strive to stand out through our expertise, our ability to listen to the needs of individuals and businesses, and our commitment to building trusted connections across the territory.
Thanks to our organizational set-up, we tackle market challenges with determination, meeting the evolving needs of companies and families.
The souls of our organizational model
Relationship Bank
A network of local branches, tailor-made financial services, and a direct, personal approach to individuals and businesses. These are the foundations of an outstanding banking experience in our Relationship Bank.
Corporate & Investment Banking
Our Corporate & Investment Banking division manages high-yield proprietary investments, where expertise and experience come together to seize opportunities in an ever-changing market.
NPL Investment & Management
Driving investment growth and defining asset valuation strategies.
Find out more about our Business Model.
In sync with our figures
*Provisional 12.31.24
16,46
%
Cet1 ratio
194,5
mln Euro
Shareholders’equity
4,4
bn Eur
Total assets
725
mln Eur
Available liquidity
17,44
%
TCR
65.661
Individual Clients
32.925
Corporate Clients
We are deeply connected to our country, fully aware of our role in supporting individuals, families, entrepreneurs, and companies.
We believe in the power of relationships. Our value lies in our ability to build trusted connections, fostering shared growth. Ease, clarity, and speed are the pillars of our DNA.
Ease
We are honest and straightforward. Our work is based on care and deep respect for people. Accuracy, expertise, confidentiality, and the ability to anticipate customers’ needs are the qualities that set us apart.
Clarity
Clarity is at the core of everything we do, from communication to agreements, so that our interlocutors can make independent and informed decisions. We pursue our objectives with honesty, precision, and responsibility, always adhering to regulations and ethical standards. We advocate for transparent management, promoting actions and projects that contribute to sustainable economic development.
Speed
Our fast response times enable us to bring competitive products to the market quickly. For us, technology is a tool that enhances the effectiveness and transparency of our services, helping us analyze data, customer habits, and needs. But before technology there are people, always ready to assist customers and prospects. At Cherry Bank, technology does not take the place of people. It simply shifts their role within the customer journey.
Everyone at their own pace, moving forward together.
Our story
July 24, 2006
Banco delle Tre Venezie is established
On July 24, 2006, Banco delle Tre Venezie was established, whose activities then began in December 2008. Banco delle Tre Venezie arose from the alliance between some agents of the banking business and a group of entrepreneurs from the Veneto region, all convinced that a true dialogue on equal terms between bank and customer is winning and fruitful for both. It has always positioned itself in the market as a reality capable of combining strong ties with the territory and operational excellence, aimed at developing personalized and transparent relationships.
A strongly customer-oriented bank, specialized in serving SMEs, owner-entrepreneurs and professionals who support the business world of the Northeast, the economic operators who have made the Triveneto one of the most advanced areas in Europe.
November 28, 2019
Bossi completes majority takeover of Cherry106
On November 28, 2019, Giovanni Bossi completed the acquisition of a majority stake in Cherry106 S.p.A., a financial intermediary registered under Article 106 TUB.
Cherry106 S.p.A. operated from the outset by purchasing and transforming portfolios of impaired loans, establishing itself as one of the leading innovative operators in the sector, both in terms of the solutions proposed and the speed of intervention, contributing to the development of a new way of managing impaired credit. In line with its vocation for innovation, Cherry106 has developed two of the most efficient digital platforms for purchasing tax credits from Superbonus and Other Building Tax Bonuses, quickly becoming a reference point for the market: superB, in partnership and exclusive with Banco BPM, and Cherry credit, a proprietary platform.
February 28, 2022
From the two realities comes the Project Cherry Bank
Cherry Bank S.p.A. was born from a new Project launched in 2020 and completed in October 2021 with the merger of Cherry106 S.p.A. into Banco delle Tre Venezie S.p.A.: innovative operator the former, banking reality rooted in the Veneto region the latter. Cherry Bank combines the tradition of a solid bank with the innovation and speed of a modern and technological reality. Cherry Bank aims to enter the market by offering customers tailor-made services, born from rapid and transparent decision-making processes that aim to optimize response times.
At the basis is the entrepreneurial idea of joining forces giving substance to a banking operator focused on high value-added services.
December 30, 2023
Merger of the Banca Popolare Valconca, now Cherry Bank
At the end of December 2023, the merger of Banca Popolare Valconca into Cherry Bank will be finalized, a merger that allows Cherry Bank to expand its presence in the national territory also in the retail commercial banking sector, thus becoming a financially stronger banking institution with an even more complete offering. For Banca Popolare Valconca, an institution with more than 100 years of history, the merger allows it to recover profitability and sustainability through integration with a specialized bank capable of intercepting high-margin market opportunities.