Banca Popolare di Mantova

History

The company was relocated from Pescopagano, Basilicata (as Banca Operaia di Pescopagano) to Mantua in 2000, which the branches of the original bank was acquired by Banca Bipielle Centrosud, a subsidiary of Banca Popolare di Lodi (BPL Group). In 2001 the bank increased to have 4 branches. The year BPL owned 57.41% shares directly. In 2002 Bipielle Retail became the sub-holding company for 56.35%, as well as one more branches was opened. In 2003 Reti Bancarie absorbed Bipielle Retail to become another sub-holding company. In 2004 BPL further disinvested the company to 52.32%, despite 2 more branches was opened. In 2005 BP Mantova had 8 branches. In 2006 Reti Bancarie was absorbed into BPL, which hold 55.01% shares of BP Mantova. In 2007 due to the merger of Banco Popolare di Verona e Novara and BPL, Banco Popolare S.C. became the new holding company of the bank. However, due to the branch network was overlapped with Banca Popolare di Verona – S.Geminiano e S.Prospero, Banco Popolare sold 56.99% shares of BP Mantova to Banca Popolare di Milano for €32.49 million in 2008.

In 2009 BPM hold 57.05% shares, with Omniaholding S.p.A. as the second largest shareholders of 13.8979%, which was the holding company for Roberto Colaninno family.

Follow the merger of parent company Banca Popolare di Milano S.c. a r.l. with Banco Popolare S.C. to form Banco BPM S.p.A., the branches of Banca Popolare di Milano was injected to Banca Popolare di Mantova in order to keep the branches as a subsidiary (as Banca Popolare di Milano S.p.A.) instead of division.