Traded as BIT: BPSO Website www.popso.it Founded 1871 Total assets 32.57 billion EUR (2014) | Capital ratio 9.81% (Tier 1) Headquarters Italy Net income 97.55 million EUR (2014) Total equity 2.221 billion EUR (2014) | |
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Native name Banca Popolare di Sondrio Type Listed Società per Azioni Area served Northern Italy, Switzerland Stock price BPSO (BIT) € 3.16 +0.16 (+5.33%)1 Mar, 4:52 PM GMT+1 - Disclaimer | ||
Banca Popolare di Sondrio (BPSO) is an Italian bank based in Sondrio, Lombardy. The company was included in FTSE Italia Mid Cap Index.
Contents
History
Banca Popolare di Sondrio was an urban cooperative bank found in 1871. Along with Credito Valtellinese, they were the major banks inside the Province of Sondrio.
The bank also owned equity interests in several companies that provide services to the bank, such as Banca Italease (4.252% on 30 June 2009), Arca Vita and Istituto Centrale delle Banche Popolari Italiane (2%).
In 2009–11 Banca Italease was dismantled. BPSO acquired 20.95% stake in Alba Leasing as well as 60.5% stake in Factorit.
Due to Decree-Law N°3/2015, the bank was demutualized in 2016.
Equity interests
References
Banca Popolare di Sondrio Wikipedia(Text) CC BY-SA