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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' meetin
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. to form Banco BPM .
Palazzo Scarpa [] in Verona, the general office of Banco BPM. As of 1 January 2017, the date of formation, Banco BPM is the third largest retail and commercial banking conglomerate by pro forma total assets in Italy, behind UniCredit and Intesa Sanpaolo, and surpassing the former third largest bank Banca Monte dei Paschi di Siena (€164.385 billion at mid-2016).
In 2002 BPN was merged with Banca Popolare di Verona – Banco S. Geminiano e S. Prospero S.c.a r.l. (BPV–SGSP), [5] The former BPN shareholders became the shareholders of a new company Banco Popolare di Verona e Novara S.c.a r.l. (BPVN; P.IVA 03231270236); the original bank network of BPN was re-incorporated as a new subsidiary as Banca Popolare di Novara S.p.A. (from cooperative limited ...
Cassa di Risparmio di Verona merged with other banks in Veneto region in 1927–28, due to a decree-law to consolidate savings banks that were too small. [6] [11] (law no.2587 of 1927 [12]) It was renamed to Cassa di Risparmio di Verona e Vicenza in 1927 and Cassa di Risparmio di Verona, Vicenza e Belluno in 1939. [6]
Also an leading insurance company, supervised by European Central Bank 11: Credito Emiliano: 65.04: supervised by European Central Bank [3] 12: Banca Popolare di Sondrio: 53.30: supervised by European Central Bank [3] * ICCREA Banca: 38.12 [5]: 375 12,834,414 [5]: 30 clearing house owned by 300+ regional banks, supervised by European Central ...
Managed for almost 10 years by We@Service, the internet services company for BPM Group, Webank became on 1 November 2009 an independent bank (WeBank S.p.A.) fully owned by Banca Popolare di Milano (BPM).
The law also started a merger and acquisition of the banking sector of Italy, especially the eventual birth of several banking group, especially in Veneto region as UniCredit, Banca Intesa, Sanpaolo IMI, Banco Popolare di Verona e Novara, Banca Antonveneta, Banca Popolare di Vicenza and Veneto Banca. However, the consolidation also saw the ...