 | |
| Type | Brand (former subsidiary) |
|---|---|
| Industry | Financial services |
| Founded | 1864 |
| Headquarters | Lodi, Italy |
| Services | Retail banking |
| Owner | Banco Popolare (100%) |
| Parent | Banco Popolare |
| Website | Official website (in Italian) |
Banca Popolare di Lodi was an Italian cooperative bank based in Lodi, Lombardy. The bank was absorbed into parent company Banco Popolare in 2011. However, the bank still operates as a division and a brand of the group.
Banca Popolare di Lodi was found in 1864. [1] In the 1990s it became Banca Popolare di Lodi S.c.r.l., also known as Bipielle Group (sound likes BPL).
The bank was a member of an alliance ARCA, which consists of Banca Antoniana, Banca Popolare Commercio e Industria, Banca Popolare di Crema, Banca Popolare di Cremona, Banca Popolare di Lodi and Banca Popolare Veneta. ARCA joined with "North East Group", which consists of Banca Agricola Mantovana, Banca Popolare di Bergamo, Banca Popolare dell'Emilia, Banca Popolare di Sondrio, Banca Popolare di Verona and Banca Popolare Vicentina in 1989. [2] [3]
BPL eventually acquired two of the banks of ARCA: BP Crema and Cremona; while Banca Popolare Veneta and Banca Antoniana merged to form Banca Antonveneta.
The bank acquired bank as its subsidiaries, such as Credito Molisano in 1998, Cassa di Risparmio di Lucca, Pisa and Livorno in 1999, Imola in 2000, Banco di Chiavari e della Riviera Ligure in 2003 and Istituto di Credito delle Casse di Risparmio Italiane. BPL owned 19.99% of Südtiroler Sparkasse – Cassa di Risparmio di Bolzano until 2006–07. [4] BPL was the major shareholders of Banca Caripe from 2003 to 2011. From 2003 to 2006 the sub-holding Reti Bancarie was a list company, which also held the shares of Banca Popolare di Crema (95.01%), Banca Popolare di Cremona (94.81%), Banca Popolare di Mantova (56.35%), Banca Valori (77.70%), Bipielle Società di Gestione del Credito (70% directly; 30% held by CR Lucca), Bipielle International Holding (90%; including Bipielle Bank (Suisse), Bipielle International UK and Bipielle Servizi) in 2003. In 2005 the company was named as Banca Popolare Italiana.
Reti Bancarie formed a 5-year partnership with Aurora Assicurazioni of Unipol Group in May 2004, as well as the insurance company bought minority ownership in Reti Bancarie. [5]
The bank was also involved in the Bancopoli scandal, in which the bank sold all the shares of Banca Antonveneta in 2006. [6]
On 31 December 2006 the bank had a shareholders equity of €3.956 billion (in consolidated balance sheets, increased from €2.786 billion), issued 682,360,539 number of shares, as well as Tier 1 capitals ratio of 22.32% [7] (increased from 5.55%; Basel II required 4%).
In September 2006 BPL also absorbed sub-holding companies Reti Bancarie and Bipielle Investimenti, by issuing new shares of BPL and delisting them. Aurora Assicurazioni received 14,080,000 shares (about 2% of BPL); Unipol formed an agreement to sell the shares to Mediobanca. [8]
In 2007 Banca Popolare Italiana merged with Banco Popolare di Verona e Novara to form Banco Popolare S.C. The bank was retained as a sub-holding company as Banca Popolare di Lodi S.p.A.. The bank also swapped branches with sister companies Banca Popolare di Novara and Banca Popolare di Verona – S.Geminiano e S.Prospero, in order to specialize in Lombardy (part), Romagna and Sicily. CR Lucca also sold to the parent company, with BP Crema, BP Cremona and Liberty S.r.l. retained as BPL subsidiaries only. While BP Mantova was sold in 2008 and Banca Caripe on 1 January 2011.
In 2008, the BPL relaunched CR Imola and Banco di Chiavari e della Riviera Ligure as their brands.
On 31 December 2010 BPL had a shareholders equity (in separate balance sheets?) of €1.439 billion (increased from €1.432 billion). [9]
In 2011 the company was absorbed into Banco Popolare. However, it was retained as a division of the bank, which included the CR Lucca sub-division, which covers Lodi and the former area belongs to Banco di Chiavari e della Riviera Ligure, Banca Popolare di Cremona and Banca Popolare di Crema. However, former branches in Sicily were managed by Banco Popolare Siciliano, a department of bank division BPN instead. [10]
Banca Popolare di Milano S.p.A. also known as Bipiemme or just BPM is an Italian bank based in Milan, Lombardy. The bank is a wholly owned subsidiary of Banco BPM. Banca Popolare di Milano S.c. a r.l., an urban area cooperative bank, was founded in 1865, however, due to the merger and the foundation of Banco BPM, the original branches of BPM as well as some businesses were injected to another legal person and BPM's subsidiary Banca Popolare di Mantova, which was renamed to Banca Popolare di Milano S.p.A. on 1 January 2017.
Banco Popolare Società Cooperativa was an Italian bank, formed in 2007 from the merger of Banco Popolare di Verona e Novara (BPVN) and Banca Popolare Italiana (BPI). The bank merged with Banca Popolare di Milano on 1 January 2017.
Unipol Gruppo S.p.A. is an Italian financial services holding company operating in the insurance and banking fields with headquarters in the Unipol Tower, Bologna. As of 2009 it was ranked as the country's fourth-largest insurer.
BPER Banca S.p.A., formerly known as Banca Popolare dell'Emilia Romagna S.C., is an Italian banking group offering traditional banking services to individuals, corporate and public entities. The company is based in Modena and is a constituent of the FTSE MIB index.
Gruppo Bancario Casse Emiliano Romagnole (CAER) was an Italian holding company and banking group, based in Bologna, Emilia-Romagna. The main company of the group was Cassa di Risparmio in Bologna (Carisbo).
The Savings Bank of the Province of Bolzano / South Tyrol is an Italian savings bank based in Bolzano, the capital of South Tyrol autonomous region.
Cassa di Risparmio di Lucca Pisa e Livorno S.p.A. was an Italian saving bank based in Lucca. It was a subsidiary of Banco Popolare and currently a sub-division and brand of the group Banco BPM.
Cassa di Risparmio di Pisa is a former Italian saving bank and charity organization, based in Pisa, Tuscany. The bank was spin off into a banking foundation and a Società per Azioni in 1992.
The Fondazione Pisa is a charity organization that was spun off from Cassa di Risparmio di Pisa in 1992. From 1992 to 1999 the foundation was the major shareholder of the bank, but was gradually sold to Banca Popolare di Lodi.
Cassa di Risparmi di Livorno is a former Italian regional bank and charity organization, based in Livorno, Tuscany. In 1992 the organization was split into a limited company and a banking foundation Fondazione Cassa di Risparmi di Livorno.
Banco di Chiavari e della Riviera Ligure (BCRL) was an Italian regional bank based in Chiavari, Liguria. it was acquired and absorbed into Banca Popolare di Lodi in 2003. Currently it is a division and a brand of Banco Popolare.
Reti Bancarie S.p.A. was an intermediate holding company of Banca Popolare di Lodi Group. BPL's subsidiary reverse takeover listed company Banco di Chiavari e della Riviera Ligure in 2003. in 2006 it was absorbed into BPL.
Banca Caripe S.p.A. was an Italian saving bank based in Pescara, Abruzzo Region. There were 13 branches of the bank outside the Province of Pescara in Abruzzo and Marche regions, out of 48 total. In 2016 the bank was absorbed by the parent company Banca Popolare di Bari, but retaining as brand.
Credito Bergamasco (Creberg) was an Italian bank based in Bergamo, Lombardy. The bank was acquired by Banca Popolare di Verona – Banco S. Geminiano e S. Prospero S.c.a.r.l. in 1997. The bank remained as a list company in Borsa Italiana until 2014. In 2014 it was absorbed into Banco Popolare S.C.. However, the former bank remained as a division of the company.
Banca Popolare di Mantova S.p.A. was an Italian cooperative bank based in Mantua, Lombardy. Including the headquarters, the bank operated at 17 locations.
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Nexi S.p.A. formerly known as Istituto Centrale delle Banche Popolari Italiane S.p.A. (ICBPI) is an Italian bank that specialises in payment systems such as Nexi Payments. The bank was specialised as a central institution of Italian Popular Bank..
Società Cattolica di Assicurazione – Società Cooperativa known as Cattolica Assicurazioni is an Italian insurance company. According to Ricerche e Studi, a subsidiary of Mediobanca, the group had €5,382,471,000 gross premiums written making it the 6th largest Italian insurance company, or the fifth excluding Allianz, a subsidiary of the German insurer. Research by ANIA, showed the insurer as being ranked 5th by market share in non-life insurance (5.63%), but not in the top 5 in life insurance.
Banca Popolare Sant'Angelo S.C.p.A. is an Italian cooperative bank based in Licata and Palermo, the capital of Sicily. The bank also has one branch in Lampedusa, the south most island of Italy and also has a branch in Rome.
Banca Popolare di Crema is an Italian banking brand and former subsidiary of Banco Popolare.
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