Credito Bergamasco (Creberg) was an Italian bank based in

Bergamo Bergamo (; lmo, Bèrghem ; from the proto- Germanic elements *''berg +*heim'', the "mountain home") is a city in the alpine Lombardy region of northern Italy, approximately northeast of Milan, and about from Switzerland, the alpine lakes Como ...

, 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 Borsa Italiana, based in Milan, is the Italian stock exchange. It manages and organises domestic market, regulating procedures for admission and listing of companies and intermediaries and supervising disclosures for listed companies.italy24.ils ...

until 2014. In 2014 it was absorbed into

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 ...

S.C.. However, the former bank remained as a division of the company. The bank covered Lombardy region, except

Province of Sondrio The Province of Sondrio ( it, provincia di Sondrio) is in the Lombardy region of northern Italy. Its provincial capital is the city of Sondrio. As of 2017, it has a population of 181,403. History The Province was established in 1815, within ...

(no Banco Popolare existence), Province of Lodi (belongs to

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 ...

), Province of Cremona (belongs to Banca Popolare di Cremona and

Crema Crema or Cremas may refer to: Crema * Crema, Lombardy, a ''comune'' in the northern Italian province of Cremona * Crema (coffee), a thin layer of foam at the top of a cup of espresso * Crema (dairy product) Crema is the Spanish word for cream. I ...

), Province of Pavia (belongs to

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 ...

) and Province of Mantova (belongs to

Banca Popolare di Verona 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. History The original name of "Banca Popolare di Verona" was Banca Mutua Popol ...

History

In 2006, Banco Popolare di Verona e Novara hold 87.72% shares of Credito Bergamasco. The banking group acquired a minority stake of Creberg from

Cattolica Assicurazioni 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 a €5,382,471,000 (in 2014 financial year) gro ...

in 2002 and 2004. In 2009

increased to hold 88.990% shares. In 2010 Banco Popolare acquired the remain shares of

Cassa di Risparmio di Lucca Pisa Livorno 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 (under BPL) and brand of the group Banco BPM. History Cassa di Risparmio di Lucca Cass ...

for cash and the shares of Credito Bergamasco from

Fondazione Cassa di Risparmio di Lucca 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 (under BPL) and brand of the group Banco BPM. History Cassa di Risparmio di Lucca Cass ...

. It made Banco Popolare's holding deceased to 77.428% but with a

call option In finance, a call option, often simply labeled a "call", is a contract between the buyer and the seller of the call option to exchange a security at a set price. The buyer of the call option has the right, but not the obligation, to buy an ...

to buy back the shares from the banking foundation, which was expired in 2013. However, on 1 June 2014 Banco Popolare absorbed Credito Bergamasco by issues 1.412 shares of Banco Popolare for each shares of Credito Bergamasco.

Sponsorship

The bank was a sponsor of

Atalanta B.C. Atalanta Bergamasca Calcio, commonly referred to as Atalanta, is a professional football club based in Bergamo, Lombardy, Italy. The club plays in Serie A, having gained promotion from Serie B in 2010–11. Atalanta was founded in 1907 by Lice ...

until 2017. In 2017–18 season, the football club was sponsored by another Bergamo-based bank

UBI Banca Unione di Banche Italiane S.p.A., commonly known for its trading name UBI Banca, was an Italian banking group, the fifth largest in Italy by number of branches. It was formed on 1 April 2007 from the merger of the Banche Popolari Unite (trading ...

References

Defunct banks of Italy Banks established in 1891 Italian companies established in 1891 Banks disestablished in 2014 Italian companies disestablished in 2014 Companies based in Bergamo Banco Popolare Companies formerly listed on the Borsa Italiana {{Italy-bank-stub