Istituto per lo Sviluppo Economico dell'Italia Meridionale S.p.A., known as ISVEIMER, is a former Italian bank based in Naples, Campania. The bank was in liquidation since 1996, which the headquarter of the company was relocated to Rome. However, due to the subsidized loan, the company was still in wind-down phase as in 2015. [1]
The bank was established in 1938 and since 1953 as one of the 19 Mediocredito of Italy and one of the three Istituti per il Finanziamento a Medio Terminealle Medie e Piccole Industrie nell'Italia Meridionale e Insulare (Istituti Meridionale) which was funded by Cassa per il Mezzogiorno. [2] The bank provided medium term loan to small and medium industries from Southern Italy, except in the two islands (covered by Credito Industriale Sardo and IRFIS respectively). Due to Legge Amato, the bank became a limited company (Italian : Società per Azioni ) in 1993. [3] At the time Banco di Napoli owned 44.859% stake, plus an additional 6.16% stake were purchased from Cassa di Risparmio di Calabria e Lucania, Banca Popolare di Novara, Banca Sannitica, Banca di Roma, Banca della Provincia di Napoli, Cassa di Risparmio della Provincia dell'Aquila, Cassa di Risparmio Salemitana, Banca Popolare di Taranto, Banca di Credito Popolare di Torre del Greco and Banca Popolare di Crotone. [4]
However, in 1996, the bank entered a voluntary liquidation. [5] After the start of liquidation, Banco di Napoli owned a controlling stake in ISVEIMER (65.22% in 2001), as well as an additional 0.17% stake owned by Banca dell'Adriatico, a bank joined Sanpaolo IMI Group in 2002. The stake held by Banco di Napoli and Banca dell'Adriatico soon transferred to parent company Sanpaolo IMI (65.40% stake in 2006), and then Intesa Sanpaolo in 2007 (65.47% stake). An additional 0.04% stake was owned by Cassa di Risparmio di Ascoli Piceno, a Banca Intesa subsidiary.[ citation needed ]
Banca Intesa S.p.A. was an Italian banking group, formed in 1998 by merger of Cassa di Risparmio delle Provincie Lombarde (Cariplo) and Banco Ambrosiano Veneto. The next year, the banking group merged with Banca Commerciale Italiana to become IntesaBCi, but the name of the group was reverted to Banca Intesa in 2003.
Sanpaolo IMI S.p.A. was an Italian banking and insurance conglomerate, based in Turin. It employed about 44,000 people and had about 7 million customers.
Intesa Sanpaolo S.p.A. is an Italian international banking group. It is Italy's largest bank by total assets and the world's 27th largest. It was formed through the merger of Banca Intesa and Sanpaolo IMI in 2007, but has a corporate identity stretching back to its first foundation as Istituto Bancario San Paolo di Torino in 1583.
Crédit Agricole Italia S.p.A., formerly Crédit Agricole Cariparma S.p.A., is an Italian banking group, a subsidiary of French banking group Crédit Agricole. Crédit Agricole Italia was ranked as the 11th largest bank in Italy by total assets at 31 December 2015. The group serving Emilia-Romagna, Liguria and Friuli-Venezia Giulia, where the predecessors originated, as well as Campania, Lazio, Lombardy, Piedmont, Tuscany, Umbria and Veneto, or half of Italian regions.
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.
The Banca di Credito Sardo S.p.A. was an Italian bank headquartered in Cagliari, Sardinia. In 2014 it was absorbed by the parent company Intesa Sanpaolo.
Banco di Napoli S.p.A., among the oldest banks in the world, was an Italian banking subsidiary of Intesa Sanpaolo group, as one of the 6 retail brands other than "Intesa Sanpaolo". It was acquired by the Italian banking group Sanpaolo IMI in 2002 and ceased being an independent bank. In February 2018, Intesa Sanpaolo announced their new business plan, which would retire Banco di Napoli and other brands; the legal person of Banco di Napoli would be absorbed into Intesa Sanpaolo S.p.A.
Banca Adriatica S.p.A. trading as UBI Banca Adriatica and formerly known as Nuova Banca delle Marche S.p.A. was an Italian bank based in Jesi, Marche region. It has operations in several regions in central Italy, but concentrated in Marche region, which 73% of the branches were located in that region as of 2016. The bank was formed on 22 November 2015 by the spin off of the good assets of the original Banca delle Marche S.p.A..
Cassa di Risparmio in Bologna S.p.A. known as Carisbo, was an Italian savings bank founded in 1837 and based in Bologna, Emilia-Romagna. It has been part of Intesa Sanpaolo Group since 2007.
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).
Banca dell'Adriatico S.p.A. was an Italian regional bank based in Pesaro, Marche. The bank was a subsidiary of Intesa Sanpaolo.
Banca Popolare di Ancona S.p.A. is an Italian bank based in Jesi, in the Province of Ancona, Marche. it is a subsidiary of UBI Banca.
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 Fermo S.p.A. (Carifermo) is an Italian savings bank based in Fermo, Marche region.
Mediocredito or lit. 'Regional Institutes for the Financing of Medium and Small Industries' were 19 Italian banks that were established in 1950s to provide medium term loans to small and medium companies.
Cassa di Risparmio del Friuli Venezia Giulia S.p.A., known as CariFVG in short, was an Italian savings bank based in Gorizia, Friuli – Venezia Giulia region.
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.
Associazione di Fondazioni e di Casse di Risparmio Spa is an Italian banking association. The members were the savings banks of Italy, or the foundation that originate from the reform trigger by Legge Amato.
Cassa di Risparmio di Verona, Vicenza, Belluno e Ancona, also known by the shorthand Cariverona, was an Italian savings bank headquartered in Verona. It was formed in 1825 from a division of the Monte di Pietà di Verona, itself founded in 1490.
Cassa di Risparmio della Marca Trivigiana, also known as Cassamarca in short, was an Italian savings bank headquartered in Treviso, Veneto. The history of the bank goes back to 1496 when the charitable institution Monte di Pietà di Treviso was founded. The savings bank was established by the Monte in 1907, following a first bank spinoff in 1822 that ended up being absorbed in 1872 by the Cassa di Risparmio delle Provincie Lombarde.