Banca Popolare di Mantova S.p.A. was an Italian
cooperative bank
Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take deposits and lend money in most parts of the world.
Cooperative banking, as discussed here, includes retail banking carr ...
based in
Mantua
Mantua ( ; it, Mantova ; Lombard language, Lombard and la, Mantua) is a city and ''comune'' in Lombardy, Italy, and capital of the Province of Mantua, province of the same name.
In 2016, Mantua was designated as the Italian Capital of Culture ...
, Lombardy. Including the headquarters, the bank operated at 17 locations.
History
The company was relocated from
Pescopagano
Pescopagano ( Lucano: ) is a town and ''comune'' in the province of Potenza, in the region of Basilicata (southern Italy). It is bounded by the comuni of Cairano, Calitri, Castelgrande, Castelnuovo di Conza, Conza della Campania, Laviano, Rap ...
, Basilicata (as
Banca Operaia di Pescopagano) to Mantua in 2000, which the branches of the original bank were acquired by Banca Bipielle Centrosud, a subsidiary of
Banca Popolare di Lodi
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.
History
Banca Popolare di Lo ...
(BPL Group). In 2001 the bank increased to have 4 branches. The year BPL owned 57.41% shares directly. In 2002 Bipielle Retail became the sub-holding company for 56.35%, as well as one more branch was opened. In 2003
Reti Bancarie
Reti Bancarie S.p.A. was an intermediate holding company of Banca Popolare di Lodi Group (aka Bipielle; BPL). BPL's subsidiary reverse takeover listed company Banco di Chiavari e della Riviera Ligure in 2003. in 2006 it was absorbed into BPL.
Hi ...
absorbed Bipielle Retail to become another sub-holding company. In 2004 BPL further disinvested the company to 52.32%, despite 2 more branches being opened. In 2005 BP Mantova had 8 branches. In 2006 Reti Bancarie was absorbed into BPL, which hold 55.01% shares of BP Mantova. In 2007 due to the merger of
Banco Popolare di Verona e Novara and BPL,
Banco Popolare S.C. became the new holding company of the bank. However, due to the branch network overlapped with
Banca Popolare di Verona – S.Geminiano e S.Prospero, Banco Popolare sold 56.99% shares of BP Mantova to
Banca Popolare di Milano
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 ...
for €32.49 million in 2008.
In 2009, BPM held 57.05% shares, with Omniaholding S.p.A. as the second largest shareholders of 13.8979%, which was the holding company for the Roberto
Colaninno family.
Follow the merger of parent company
Banca Popolare di Milano S.c. a r.l. with Banco Popolare S.C. to form
Banco BPM S.p.A., the branches of Banca Popolare di Milano were injected to Banca Popolare di Mantova in order to keep the branches as a subsidiary (as Banca Popolare di Milano S.p.A.) instead of division.
See also
*
Banca Agricola Mantovana
References
External links
*
{{Banco BPM
Banks established in 2000
Banks disestablished in 2016
2016 disestablishments in Italy
Companies based in Mantua
Banca Popolare di Milano
Defunct cooperative banks of Italy
Re-established companies
Italian companies established in 2000