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IRFIS – FinSicilia
IRFIS – Finanziaria per lo Sviluppo della Sicilia S.p.A. also known as IRFIS – FinSicilia S.p.A., is an Italian development bank based in Palermo, Sicily. The bank is registered under article 106 and 107 of ''Testo Unico Bancario'' (Italian banking law). The bank provided subsidized loans and intermediates for companies to access government incentives. History Istituto Regionale per il Finanziamento alle Medie e Piccole Industrie in Sicilia or IRFIS was founded on 31 October 1952 as a statutory corporation, which was one of the 19 ''mediocredito'' of Italy. The banks provided medium term loan to medium and small companies from their regions. Along with Credito Industriale Sardo and ISVEIMER, they were funded by Cassa per il Mezzogiorno, making the three banks were also known as Istituti per il Finanziamento a Medio Terminealle Medie e Piccole Industrie nell'Italia Meridionale e Insulare, or Istituti Meridionale in short. Due to , the bank became a ''società per azioni'', a ki ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ente ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capitalia
Capitalia was an Italian banking group headquartered in Rome, in existence between 2002 and 2008. The bank was a listed company in Borsa Italiana (Milan Stock Exchange). The bank was acquired by UniCredit by issuing new shares of UniCredit for shares of Capitalia. History Capitalia was formed on 1 July 2002 in a merger of Banca di Roma (and its subsidiary Banco di Sicilia and Mediocredito Centrale) and Bipop Carire (and its subsidiary Fineco). In the same year the bank sold 10 branches from Apulia, Campania and Molise regions to Banca Popolare di Puglia e Basilicata. Capitalia in turn agreed to be taken over by UniCredit in May 2007, becoming part of the second-largest bank in the European Union by stock market value and the sixth-largest in the world. Merger with UniCredit In May 2007, plans were finalized for the buyout of Capitalia by its larger Italian rival, UniCredit. All banks of the Capitalia group in Northern Italy will be reconfigured as UniCredit banks; in turn, al ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Palermo
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Italy
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Italian Companies Established In 1952
Italian(s) may refer to: * Anything of, from, or related to the people of Italy over the centuries ** Italians, a Romance ethnic group related to or simply a citizen of the Italian Republic or Italian Kingdom ** Italian language, a Romance language *** Regional Italian, regional variants of the Italian language ** Languages of Italy, languages and dialects spoken in Italy ** Italian culture, cultural features of Italy ** Italian cuisine, traditional foods ** Folklore of Italy, the folklore and urban legends of Italy ** Mythology of Italy, traditional religion and beliefs Other uses * Italian dressing, a vinaigrette-type salad dressing or marination * Italian or Italian-A, alternative names for the Ping-Pong virus, an extinct computer virus * ''Italien'' (magazine), pro-Fascist magazine in Germany between 1927 and 1944 See also * * * Italia (other) * Italic (other) * Italo (other) * The Italian (other) * Italian people (other) Italian ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1952
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancien ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
La Repubblica
(; English: "the Republic") is an Italian daily general-interest newspaper with an average circulation of 151,309 copies in May 2023. It was founded in 1976 in Rome by Gruppo Editoriale L'Espresso (now known as GEDI Gruppo Editoriale) and led by Eugenio Scalfari, Carlo Caracciolo, and Arnoldo Mondadori Editore as a leftist newspaper, which proclaimed itself a "newspaper-party" (). During the early years of , its political views and readership ranged from the reformist left to the extraparliamentary left. Into the 21st century, it is identified with centre-left politics, and was known for its anti- Berlusconism, and Silvio Berlusconi's personal scorn for the paper. In April 2020, the paper was acquired by the GEDI Gruppo Editoriale of John Elkann and the Agnelli family, who is also the founder and owner of . Maurizio Molinari, the then editor of , was appointed as 's editor in place of ; this prompted the resignation of several journalists opposed to this change. Un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banca Popolare Di Vicenza
Banca Popolare di Vicenza (BPVi) was an Italian bank and currently a winding-down company. The banking group along was the 15th-largest retail and corporate bank of Italy by total assets at 31 December 2016, according to Mediobanca. However, its sister bank Veneto Banca also ranked 16th in the same ranking, making the whole banking group that under Atlante (private equity fund), Atlante, had a higher pro-forma total assets than 10th of the same ranking, Crédit Agricole Italia. Due to its size, BPVi and Veneto Banca were both supervised by the European Central Bank directly, instead of the Bank of Italy. BPVi was a multi-regional bank which had branches in most of the Italy regions, except Aosta Valley in the north, Molise and Basilicata in the south, as well as Sardinia Island. Moreover, only one branch in Campania, Abruzzo, Marche and only two branches in Apulia, Trentino—South Tyrol and Umbria. The bank had 193 branches in Veneto, 67 in Lombardy, 61 in Tuscany and 50 in Friuliâ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Intesa Sanpaolo
Intesa Sanpaolo Società per azioni, S.p.A. is an Italian international banking group. It is Italy's largest bank by total assets and the world's 27th largest. It was formed through the merger of Banca Intesa and Sanpaolo IMI in 2007, but has a corporate identity stretching back to its first foundation as Istituto Bancario San Paolo di Torino in 1583. In 2020, the bank served approximately 14.6 million customers in Italy and 7.2 million customers in Central and Southeast Europe, Ukraine and Egypt through several subsidiaries such as Bank of Alexandria, CIB Bank, Privredna banka Zagreb, PBZ and Všeobecná úverová banka, VÚB Banka. By 2010, its assets had grown to US$877.66 billion, ranking 26th in ''Forbes Global 2000''. The company is a component of the Euro Stoxx 50 stock market index. Intesa Sanpaolo has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mediocredito Italiano
MedioCredito Italiano S.p.A. (MCI) is an Italian commercial bank based in Milan, Lombardy. History Istituto di credito per il finanziamento a medio termine alle piccole e medie industria della Lombardia, or MedioCredito Lombardo in short, was found in 1953 with Cassa di Risparmio delle Provincie Lombarde (Cariplo) as the major funder. It was part of the MedioCredito initiative. In January 1992 the bank had changed from statutory corporation () to limited company (). As at 31 December 1996, Cariplo Group was the major shareholders of Mediocredito Lombardo (79.37%). The rest was owned by banks in Italy, such as Banca Apulia (0.013%). Cariplo Group also owned 42.07% shares of MedioCredito Abruzzese e Molisano and 42.32% shares of MedioCredito del Sud, which were absorbed into MedioCredito Lombardo in 1997 and 1999, respectively. In 1998 Banca Intesa also became the ultimate parent company of MedioCredito Lombardo. In 1999–2000 Mediocredito Lombardo acquired the controlling inte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banca Mediocredito Del Friuli Venezia Giulia
Banca Mediocredito del Friuli Venezia Giulia S.p.A. is an Italian commercial bank based in Udine, Friuli – Venezia Giulia region. History Istituto di Credito per il Finanziamento a Medio Termine alle Medie e Piccole Industrie Situate nel Territorio della Provincia di Udine was found on 31 July 1957 to provide medium-term loan to the companies of the Province of Udine, as an '' ente di diritto pubblico''. It was part of the Mediocredito initiative. The bank later expanded to cover the whole Friuli – Venezia Giulia region. The bank at first had 1.340 billion lire capital, provided by central government (1 billion lire) and the banks in north-eastern Italy. ( Cassa di Risparmio di Udine, Banca Cattolica del Veneto, Banca del Friuli, Banca Popolare Cooperativa Udinese, Banca Popolare Cooperativa di Pordenone and Cassa San Giuseppe di Pordenone.) Due to Legge Amato Mediocredito del Friuli – Venezia Giulia was transformed into a "company limited by shares" () on 3 May 1993 ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investitionsbank Trentino Südtirol – Mediocredito Trentino Alto Adige
Mediocredito Trentino – Alto Adige () is an Italian investment bank based in Trento, Trentino. The bank served historically the autonomous provinces of Trentino and South Tyrol, but now extended to Lombardy (Brescia), Veneto (Treviso and Padua) and Emilia-Romagna (Bologna). History Istituto per l'Esercizio del Credito a Medio e Lungo Termine nella Regione Trentino – Alto Adige (Mediocredito Trentino – Alto Adige in short) was found in 1953 as a statutory corporation. At that time banks were separated from providing short-term loan and medium and loan term loan, which several Mediocredito was set up to enhance the post war recovery. The Ministry of the Treasury provided 800 million Italian lira, lire (54%) and Trentino – South Tyrol Region 450 million lire (36%). Due to Legge Amato the bank became a Società per Azioni (limited company), with a share capital of 66.240 1,000,000,000, billion lire. It was later increased to 112,470,400,000 lire, or €58,484,608. Shareholders ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
