Banca Popolare di Verona

Last updated
Banca Popolare di Verona
Typebrand (former subsidiary)
Industry Bank
Founded1867
Headquarters Verona, Italy
Owner Banco Popolare
Parent Banco Popolare
Website www.bpv.it

The Banca Popolare di Verona was an Italian bank which became part of the Banco Popolare Group, based in Verona, North Italy. Currently it is a brand of Banco Popolare.

Contents

History

The original name of "Banca Popolare di Verona" was Banca Mutua Popolare di Verona, founded on 21 June 1867. [1] It was the seventh Italian "People's" bank to be founded. (The meaning of "people's" is that every shareholder who has more than 150 shares can vote during the shareholders' meeting.)

BPV–SGSP

It was the first Italian bank that acquired another Italian bank (Banco S.Geminiano e S.Prospero di Modena) by a public takeover in 1993 and the name of the bank changed to Banca Popolare di Verona – Banco S. Geminiano e S. Prospero S.c.r.l. (ISIN :  IT0001065215 ).

In 1997 the bank acquired Credito Bergamasco.

As at 31 December 2001, BPV–SGSP had a total assets of €30,588,789,000 in consolidated basis [2] (€22,196,829,805 in separate basis) [3]

In 2001 the bank was ranked the 13th by deposits (€20,394,760,000), compared to the 18th by Banca Popolare di Novara (€14,743,042,000), according to Mediobanca. [4]

BPVN

On 1 June 2002 Banca Popolare di Verona – SGSP merged with Banca Popolare di Novara S.c.r.l. to form Banco Popolare di Verona e Novara. (ISIN :  IT0003262513 / BPVN) A new subsidiary Banca Popolare di Novara S.p.A. was also formed. However, the former business belongs to BPV, which was only became divisions of BPVN. (expect insurance company BPV Vita and investment holding company Holding di Partecipazioni Finanziarie Banca Popolare di Verona – S. Geminiano e S. Prospero were retained as subsidiaries)

As at 31 December 2006, BPVN Group had a total assets of €68,694,935,000 and a shareholders' equity of €4,872,018,000 in consolidated balance sheets. [5]

After another merger in 2007. BPV was reestablished as a subsidiary of the group.

BPV (subsidiary)

In 2007 Banco Popolare di Verona e Novara merged with Banca Popolare Italiana, forming banking group Banco Popolare. Division BPV also re-incorporated as Banca Popolare di Verona – S.Geminiano e S.Prospero S.p.A. until 2011. In 2011 the company was re-absorbed by the parent company, but remained as a brand and a division of the group. BPV division also managed Banco S.Geminiano e S.Prospero (as sub-division and brand), Banca San Marco (brand), Banca Popolare di Trentino (brand) and Cassa di Risparmio di Imola (brand).

Sponsorship

Banca Popolare di Verona is a sponsor of Veronese football team A.C. Chievo Verona. [6] The bank was the shirt sponsor. In the 2014–15 season the bank was credited as "top-sponsor" instead. [7]

Related Research Articles

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.

Crédit Agricole FriulAdria S.p.A. formerly known as Banca Popolare FriulAdria S.p.A., or known as FriulAdria in short, is an Italian bank, which is part of Crédit Agricole Italia, the Italian arm of French banking group Crédit Agricole.

<span class="mw-page-title-main">Banca Popolare di Vicenza</span>

Banca Popolare di Vicenza (BPVi) was an Italian bank and currently a winding-down company. The banking group along was the 15th-largest retail and corporate bank of Italy by total assets at 31 December 2016, according to Mediobanca. However, its sister bank Veneto Banca also ranked 16th in the same ranking, making the whole banking group that under Atlante, had a higher pro-forma total assets than 10th of the same ranking, Crédit Agricole Italia. Due to its size, BPVi and Veneto Banca were both supervised by the European Central Bank directly, instead of the Bank of Italy.

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.

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 Popolare di Bari S.C.p.A. is an Italian bank based in Bari, Apulia region. The bank covers most of mainland Italy, except Piedmont and Liguria, and all the autonomous regions of Italy: Aosta Valley, Trentino – South Tyrol, Friuli – Venezia Giulia and the islands of Sardinia and Sicily.

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 Novara was an Italian cooperative bank based in Novara, Piedmont. The bank was absorbed into parent company Banco Popolare in 2011. However, the former company still operates as a division and a brand of the group.

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.

Cassa di Risparmio di Fano S.p.A. (Carifano) was an Italian saving bank based in Fano, Marche. The bank had 40 branches all in Marche and Umbria.

Cassa di Risparmio di Imola was an Italian savings bank based in Imola, in the Province of Bologna, Emilia-Romagna. It currently a department and a brand of Banco Popolare.

Dexia Crediop S.p.A. is an Italian bank specializing in financing public infrastructure. It was part of Dexia Group, as the owner of 70% shares. Banco Popolare, Banca Popolare di Milano and Banca Popolare dell'Emilia Romagna owned 10% each as minority shareholders.

<span class="mw-page-title-main">Banca Popolare di Spoleto</span> Italian bank

Banca Popolare di Spoleto S.p.A. is an Italian bank based in Spoleto, Umbria region. It was a subsidiary of Banco di Desio e della Brianza.

Banca Popolare di Cividale is an Italian cooperative bank based in Cividale del Friuli, Friuli - Venezia Giulia.

IRFIS – Finanziaria per lo Sviluppo della Sicilia S.p.A. also known as IRFIS – FinSicilia S.p.A., is an Italian development bank based in Palermo, Sicily. The bank is registered under article 106 and 107 of Testo Unico Bancario. The bank provided subsidized loans and intermediates for companies to access government incentives.

<span class="mw-page-title-main">Cattolica Assicurazioni</span>

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 Italease S.p.A. was an Italian finance leasing company, based in Milan. The company formed two subsidiaries Alba Leasing and a "bad bank" in 2009. The shares of Alba Leasing were distributed to the former shareholders of Banca Italease, with Banca Italease and Release S.p.A. becoming the subsidiary of Banco Popolare instead. Banca Italease was absorbed into Banco Popolare in 2015 as its leasing division.

<span class="mw-page-title-main">Banco BPM</span>

Banco BPM S.p.A. is an Italian bank that started to operate on 1 January 2017, by the merger of Banco Popolare and Banca Popolare di Milano (BPM). The bank is the third largest retail and corporate banking conglomerate in Italy, behind Intesa Sanpaolo and UniCredit. The bank had dual headquarters in Verona and Milan respectively.

Cassa di Risparmio di Verona, Vicenza, Belluno e Ancona known as Cariverona in short, was an Italian savings bank headquartered in Verona. In 1991, due to Legge Amato, the bank was split into two organizations, Cassa di Risparmio di Verona, Vicenza, Belluno e Ancona S.p.A. and Fondazione Cassa di Risparmio di Verona, Vicenza, Belluno e Ancona. They joined Unicredito banking group as founding subsidiary and shareholder respectively. The banking foundation was a minority shareholder of the successor of the banking group UniCredit.

References

  1. ↑ Official history (in Italian) Archived August 19, 2010, at the Wayback Machine
  2. ↑ "2001 Bilancio consolidato" (PDF) (in Italian). Banca Popolare di Verona – Banco S. Geminiano e S. Prospero (BPV–SGSP). 10 May 2002. Archived from the original (PDF) on 1 July 2002.
  3. ↑ "2001 Bilancio Individuale" (PDF) (in Italian). BPV–SGSP. 10 May 2002. Archived from the original (PDF) on 1 July 2002.
  4. ↑ page 270, "Le principali societa 2002" (PDF) (in Italian). Mediobanca. 2002. Retrieved 14 April 2016.
  5. ↑ "2006 Bilancio Consolidato" (in Italian). Banco Popolare di Verona e Novara. 26 April 2007. Retrieved 14 April 2016.
  6. ↑ "Banca Popolare: la presentazione del nuovo diario scolastico" (in Italian). AC Chievo Verona. 8 September 2011. Retrieved 12 April 2015.
  7. ↑ "Sponsor" (in Italian). AC Chievo Verona. Archived from the original on 1 February 2015.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.