The Banca Popolare di Verona was an Italian bank which became part of the

Banco Popolare 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. The bank was ...

Group, based in

Verona Verona ( , ; vec, Verona or ) is a city on the Adige River in Veneto, Northern Italy, Italy, with 258,031 inhabitants. It is one of the seven provincial capitals of the region. It is the largest city Comune, municipality in the region and the ...

, North

Italy Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical re ...

. Currently it is a brand of

History

The original name of "Banca Popolare di Verona" was Banca Mutua Popolare di Verona, founded on 21 June 1867. 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 business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to t ...

in 1993 and the name of the bank changed to Banca Popolare di Verona – Banco S. Geminiano e S. Prospero S.c.r.l. (). In 1997 the bank has acquired

Credito Bergamasco 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 201 ...

. As at 31 December 2001, BPV–SGSP had a total assets of €30,588,789,000 in consolidated basis (€22,196,829,805 in separate basis) In 2001 the bank was ranked the 13th by deposits (€20,394,760,000), comparing to the 18th by Banca Popolare di Novara (€14,743,042,000), according to

Mediobanca Mediobanca is an Italian investment bank founded in 1946 at the initiative of Raffaele Mattioli (at that time CEO of Banca Commerciale Italiana, the largest commercial bank in Italy which promoted its incorporation together with Credito Italiano) ...

BPVN

On 1 June 2002 Banca Popolare di Verona – SGSP merged with

Banca Popolare di Novara Banca Popolare di Novara was an Italian cooperative bank based in Novara, Piedmont. The bank was absorbed into parent company Banco Popolare in 2011 (Banco Popolare itself was merged in 2017 to form Banco BPM). However, the former company still op ...

S.c.r.l. to form Banco Popolare di Verona e Novara. ( / BPVN) A new subsidiary Banca Popolare di Novara S.p.A. was also formed. However, the former business belongs to BPV 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. 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 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 ...

, forming banking group

. 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 Banca may refer to: Places * Bangka Island, an island lying east of Sumatra, part of Indonesia * Banca, Pyrénées-Atlantiques, a commune of the Pyrénées-Atlantiques ''département'', France * Banca, Tasmania, a locality in Tasmania, Australia * ...

(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 Associazione Calcio ChievoVerona, commonly referred to as ChievoVerona or simply Chievo , is a former professional Italian football club named after and based in Chievo, a suburb of 4,500 inhabitants in Verona, Veneto, and owned by Paluani, a ...

. The bank was the shirt sponsor. In 2014–15 season the bank was credited as "top-sponsor" instead.

References

External links

Official web site

Official web site of Banco Popolare
* http://www.borsaitaliana.it/bitApp/home.bit?lang=it&page=1&c_ndg=38&target=SocQuotateBilrel {{Authority control Banks established in 1867 Italian companies established in 1867 Banks disestablished in 2011 Italian companies disestablished in 2011 Companies based in Verona Banco Popolare Companies formerly listed on the Borsa Italiana Defunct cooperative banks of Italy Italian brands