Industry Financial services Founded 1960 Number of locations 385 Total equity 1.054 billion EUR (2015) | Founder Luigi Jacobini Headquarters Bari Total assets 14.81 billion EUR (2015) | |
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Native name Banca Popolare di Bari S.p.A. Formerly called Banca Popolare di Bari S.C.p.A. Type unlisted public Società per Azioni Area served 13 regions of Italy (mainly in Apulia, Basilicata, Abruzzo & Umbria) CEO Giorgio Papa (30 May 2012–) Subsidiaries | ||
Banca popolare di bari spot istituzionale 2016 sottovoce
Banca Popolare di Bari S.p.A. (BP Bari) is an Italian bank based in Bari, Apulia region. The bank covered most of mainland of Italy (13 of 18 regions), except Piedmont and Liguria, and all the autonomous regions of Italy: Aosta Valley, Trentino – South Tyrol, Friuli – Venezia Giulia and the islands of Sardinia and Sicily.
Contents
- Banca popolare di bari spot istituzionale 2016 sottovoce
- Manifestazione di tutti gli azionisti della banca popolare di bari
- History
- Shareholders
- References
BP Bari Group had 385 branches (115 branches in Abruzzo), with BP Bari itself had 186 branches in 9 regions (80 branches in Apulia, 51 in Campania, 33 in Basilicata and 8 in Calabria) as at 31 December 2015. Tercas–Caripe had 143 branches in 2014 and Cassa di Risparmio di Orvieto had 54 branches in 2015.
Manifestazione di tutti gli azionisti della banca popolare di bari
History
Banca Popolare di Bari was found in 1960 as a cooperative bank. The bank absorbed Banca Popolare della Penisola Sorrentina, Banca Popolare di Calabria in the early 2000s. In 2001 it acquired Nuova Banca Mediterranea, a major bank in Basilicata (with branches from Campania and Apulia also). In 2004 Banca Mediterranea was also absorbed into BP Bari.
In 2014 BP Bari contributed the capital increases of Banca Tercas, which was under special administration by the state. After the transactions Banca Tercas and its subsidiary Banca Caripe, the major saving banks in Abruzzo, became subsidiaries of BP Bari.
In 2016 BP Bari partnered with Aviva in bancassurance for 5-year.
With the state guarantee (Garanzia sulla Cartolarizzazione delle Sofferenze) to senior tranche of the bad debt (Italian: sofferenze), BP Bari securitizated €800 million gross book value of non-performing loan. (in tranches of senior and junior loans) The bank also announced to absorb the two subsidiaries Tercas and Caripe, which only retained as brands.
On 1 June 2015 BP Bari received the assets and liabilities of Banca Popolare delle Province Calabre, which was in liquidation.
Shareholders
As a People's Bank, there was a cap on individual's stake in the bank. Fondazione Banco di Napoli was a minority owner of the bank.