Banca Apulia

Last updated
Banca Apulia
BancApulia
Native name
Banca Apulia S.p.A.
Company type
ISIN IT0000312071
IndustryFinancial services
Founded
  • 1924 in Torremaggiore
  • 1996 in San Severo (Banca Apulia)
Headquarters40 Via Tiberio Solis, ,
Italy
ServicesRetail and corporate banking
Decrease2.svg(€119.867 million) (2014)
Total assets Increase2.svg €5.495 billion  (2014)
Total equity Decrease2.svg €213.176 million (2014)
Owner
Parent Intesa Sanpaolo
Subsidiaries
  • Apulia Prontoprestito (JV with the parent)
  • Apulia Previdenza (100%)
Capital ratio 6.56% (CET1)
Website www.bancapulia.it
Footnotes /references
in consolidated basis [1]

Banca Apulia S.p.A. marketed as BancApulia is an Italian bank incorporated in San Severo, in the Province of Foggia, Apulia region (Italian : Puglia). The main office of the bank was located in Bari, in the centre of Apulia region instead. The bank was takeover by Intesa Sanpaolo, after the previous owner was under administration and then being liquidated.

Contents

History

Banca Apulia S.p.A. was found in Torremaggiore on 24 March 1924 under the name Banco di Torremaggiore, later changing its name to Banco di Torremaggiore e della Daunia spa, then to Banco di Torremaggiore e San Severo spa. Felice Chiro’ was chairman from 1966 to 1998. In the early 1980s he appointed a young bank manager and they led the growth of the bank for the following years. The bank experienced a significant growth from the 1980s to 2006 under the CEO Tommaso Gozzetti who received an honorary degree from Foggia University for it. The foundations were laid for the bank's regional growth, which in 1985 took the name Banca della Capitanata S.p.A. In 1996, the bank acquired Banca Agricola Salentina, grew in size and changed its name again to BancApulia S.p.A. with its registered office in San Severo; this change was also reflected in the logo, which became Castel del Monte. In 1996 the bank was renamed as Banca Apulia [2] after absorbing Banca Agricola Salentina.

In 2005 the bank had a market share of lending in Apulia for 5.47%, primary direct deposits for 4.42% and 2.32% in terms of branches, according to Banca d'Italia. [3]

In 2008 the bank was controlled by Finanziaria Capitanata (52.54% stake). [4]

On 13 January 2010 Veneto Banca acquired 42.394% stake in the bank [5] [6] from Finanziaria Capitanata and other shareholders. [7] In mid-2010 Banca Meridiana, a subsidiary of Veneto Banca, was absorbed by Banca Apulia. [8] As at 31 December 2010 Veneto Banca owned 50.787% stake. (increased to 63.747% in 2011 and 70.105% in 2012) [9] [10] [11] After the deals, Finanziaria Capitanata remain as a minority owner for 25.85% stake. [9]

In 2012 Veneto Banca and BancApulia purchased the minority stake of Apulia Prontoprestito, a subsidiary of BancApulia, from HDI Assicurazioni and other shareholders from Borsa Italiana. After the deal Vento Banca owned 13.079% [11] and BancApulia owned 86.921%. The subsidiary was specialising in salary-backed loans.

On 26 June 2017, as part of a government funded bail-out of depositors and bail-in of the investors of Veneto Banca, Intesa Sanpaolo, the second largest bank of Italy by total assets, acquired some good assets of Veneto Banca as well as BancApulia. [12]

In January 2019, Intesa Sanpaolo deposited a plan of merger by incorporation of Banca Apulia into the company. [13]

See also


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References

  1. "2014 Bilancio" (in Italian). Banca Apulia. 26 March 2015. Retrieved 16 April 2016.
  2. "Chi siamo" [About us] (in Italian). Banca Apulia. 11 January 2016. Retrieved 16 April 2016.
  3. "DOCUMENTO DI REGISTRAZIONE 2006" (PDF). Banca Apulia (in Italian). CONSOB. 2006. Retrieved 20 April 2016.[ permanent dead link ]
  4. "Provvedimento n. 20422 C10274 - VENETO BANCA HOLDING/BANCA APULIA" (PDF) (in Italian). Autorità Garante della Concorrenza e del Mercato (AGCM). 28 October 2009. Archived from the original (PDF) on 23 April 2016. Retrieved 20 April 2016.
  5. "Progetto di integrazione del gruppo bancApulia nel gruppo Veneto Banca: Veneto Banca Holding acquisisce il controllo di bancApulia" (in Italian). Veneto Banca. 14 January 2010. Retrieved 16 April 2016.
  6. "2009 Bilancio" (in Italian). Veneto Banca. 26 April 2010. Retrieved 16 April 2016.
  7. "BANCAPULIA: Accordo tra il Gruppo bancario bancApulia ed il Gruppo bancario Veneto Banca" (in Italian). Banca Apulia / Veneto Banca. 14 January 2009. Retrieved 16 April 2016.
  8. "Autorizzati dalla Banca d'Italia la fusione per incorporazione di Banca Meridiana in bancApulia e l'ingresso di quest'ultima nel Gruppo Veneto Banca" (in Italian). Banca Apulia / Veneto Banca. 27 October 2009. Retrieved 16 April 2016.
  9. 1 2 "2010 Bilancio" (in Italian). Veneto Banca. 2 May 2011. Retrieved 16 April 2016.
  10. "2011 Bilancio" (in Italian). Veneto Banca. 13 April 2012. Retrieved 16 April 2016.
  11. 1 2 "2012 Bilancio" (in Italian). Veneto Banca. 16 April 2013. Retrieved 16 April 2016.
  12. "Intesa Sanpaolo signs contract to acquire certain assets and liabilities of Banca Popolare di Vicenza and Veneto Banca". Intesa Sanpaolo. 26 June 2017. Retrieved 26 June 2017.
  13. Barzaghi, Daniele (30 January 2019). "Intesa Sanpaolo, depositato il progetto di incorporazione di Banca Apulia" (in Italian). Citywire. Retrieved 6 March 2019.