MPS Capital Services Banca per le Imprese S.p.A. known as MPSCS in short, is an Italian corporate and investment bank based in Florence, Tuscany. The bank is a subsidiary of

Banca Monte dei Paschi di Siena Banca Monte dei Paschi di Siena S.p.A. (), known as BMPS or just MPS, is an Italian bank. Tracing its history to a mount of piety founded in 1472 () and established in its present form in 1624 (), it is the world's oldest or second oldest bank ...

(Banca MPS). The subsidiary was known as MPS Banca per l'Impresa until 2007. On 28 March 2012 the bank was one of the banks that were selected to manage Fondo di Garanzia per le Piccole e Medie Imprese (a guarantee fund for SMEs) of the Ministry of Economic Development in a 9-year contract. (other banks were

Mediocredito Italiano Mediocredito Italiano S.p.A. (MCI) is an Italian commercial bank based in Milan, Lombardy region. History Istituto di credito per il finanziamento a medio termine alle piccole e medie industria della Lombardia or Mediocredito Lombardo in short wa ...

, Artigiancassa,

Istituto Centrale delle Banche Popolari Italiane Nexi S.p.A. formerly known as Istituto Centrale delle Banche Popolari Italiane S.p.A. (ICBPI) is an Italian bank that specialises in payment systems such as Nexi Payments (formerly known as CartaSi). The bank was specialised as a central institu ...

and

Banca del Mezzogiorno – MedioCredito Centrale Banca del Mezzogiorno – MedioCredito Centrale S.p.A. (BdM-MCC) is an Italian bank based in Rome, Lazio region. The bank is entirely controlled by Invitalia S.p.A., which in turn is owned by the Ministry of Economy. The bank was specialized in me ...

)

History

MPS Banca per l'Impresa was a merger of the two subsidiaries of

: MPS Merchant and MPS Banca Verde (ex-Istituto Federale di Credito Agrario per la Toscana or Istituto Nazionale di Credito Agrario S.p.A. (INCA)) in 2004. The history of MPS Merchant – Banca per Piccole e Medie Imprese (found 2001) could be traced back to Mediocredito Toscano, found 1954. In 2007 the bank received a division of

MPS Finance MPS Finance (MPSF) was founded in 2001 and is the finance sub-division of the Banca Monte dei Paschi di Siena. MPS Finance was set up to be one of the "center of excellence" of Monte dei Paschi di Siena Group. Operating on two macro-platforms, MP ...

and renamed into MPS Capital Services Banca per le Imprese.

Mediocredito Toscano

Mediocredito Toscano was a bank established in 1954 to provide medium term loan to small and medium companies of Tuscany region, as a

statutory corporation A statutory corporation is a government entity created as a statutory body by statute. Their precise nature varies by jurisdiction, thus, they are statutes owned by a government or controlled by national or sub-national government to the (in ...

. 18 other Mediocredito were also established in the 1950s for the 19 regions of Italy. Due to

Legge Amato Legge is a surname. Notable people with the surname include: *Alexander Legge (1866–1933), US businessman, president of International Harvester * Anthony Legge (1939–2013), British archaeologist specialized in zooarchaeology * Arthur Kaye Legge ...

the bank became a limited company ( it,

Società per Azioni ''Società'' (Italian: ''Society'') was an Italian communist cultural magazine published in Italy between 1945 and 1961. History and profile ''Società'' was founded as a quarterly magazine in Florence in 1945. The founders were Ranuccio Bianchi ...

), which Monte dei Paschi di Siena (MPS) owned 74% stake. The Mediocredito also merged with Istituto Nazionale di Credito per il Lavoro Italiano all'Estero S.p.A. that year. In 1995 MPS also became a limited company (formation of

and

Fondazione Monte dei Paschi di Siena Fondazione Monte dei Paschi di Siena (FMPS) is a Philanthropy, philanthropic organization based in Siena, Tuscany, Italy. The foundation was in fact the original statutory corporation of Monte dei Paschi di Siena. Due to Legge Amato, in 1995 ther ...

). In 2000 the Mediocredito was owned by Banca MPS (80.454% stake) and

Banca Toscana 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 * ...

(11.676% stake), a subsidiary of Banca MPS (57.278% stake plus 4.983% via Banca Agricola Mantovana (BAM); Banca MPS owned 51.487% stake of BAM). The two banks (BAM and Banca Toscana) were absorbed by Banca MPS in the 2000s.

MPS Banca per l'Impresa

MPS Capital Services

References

External links

* Banks of Italy Montepaschi Group Banks established in 1954 Italian companies established in 1954 Companies based in Florence {{Italy-bank-stub