Industry Financial services Owner Intesa Sanpaolo (100%) Founded 1794, Naples, Italy Net income 146.1 million EUR (2015) Total equity 1.687 billion EUR (2015) | Products Retail banking Capital ratio 16.89% (CET1) Headquarters Naples Total assets 27.92 billion EUR (2015) Parent organization Intesa Sanpaolo | |
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Type Subsidiary of a listed company Website bancodinapoli.it (in Italian) | ||
Napoli rapina al banco di napoli bottino da 100mila euro 01 08 15
Banco di Napoli S.p.A. , sometimes called in English Bank of Naples, is a subsidiary of the Italian banking group Intesa Sanpaolo. It was established in 1861 and operated as an independent bank under name Banco di Napoli until 2003.
Contents
- Napoli rapina al banco di napoli bottino da 100mila euro 01 08 15
- Napoli rapina al banco di napoli bottino da 100mila euro live 31 07 15
- History
- The present structure
- Presidents of the bank
- References
Following the acquisition of the bank at the end of 2002 by the Sanpaolo IMI group, in 2003 the bank changed its name to "Sanpaolo Banco di Napoli". The operation was carried out in two distinct phases:
With the merger in December 2006 of Banca Intesa and Sanpaolo IMI, the bank has now become part of the group Intesa Sanpaolo and has resumed its former name of Banco di Napoli SpA
Napoli rapina al banco di napoli bottino da 100mila euro live 31 07 15
History
The Banco of Naples is one of the most important and oldest historic Italian banks, as its origins date back to the so-called public benches of charitable institutions, which arose in Naples between the sixteenth and seventeenth centuries, especially at a pawnshop "Tour of Mercy "founded in 1539 on a pledge to lend without interest, which in 1584 opened a case of deposits, recognized by a proclamation of the viceroy of Naples in the same year.
Seven other similar institutions were later founded in Naples between 1587 and 1640:
After nearly two centuries of activities independently of each other, a decree of Ferdinand IV of Bourbon, in 1794, leading to the unification of the eight existing institutes into a single structure that is called Banco Nazionale di Napoli.
Following the political changes that took place in the nineteenth century in Naples and Southern Italy, also the Bank of Naples changes name and structure. Passing from the realm of the Bourbons to the matrix Napoleon, the king of Naples, Joachim Murat attempts to transform the Bank into a limited company similar to the Bank of France and create the Bank of the Two Sicilies (Italian: Banco delle Due Sicilie), bound to have the same functions through the Cassa di Corte and Cassa dei Privati. With the revolutionary upheavals of 1849 loses agencies Sicilian who founded the Banco di Sicilia. New changes take place in 1861 with the unification of Italy, the changes that mark the birth of the name Banco di Napoli, the bank will be responsible for the issuance of the currency of the Kingdom of Italy for 65 years.
In 1991, due to Legge Amato, a Società per azioni was incorporated as a subsidiary of the original bank to run banking activities, while the original entity, as a statutory corporation became a holding entity instead, later known as Fondazione Banco di Napoli.
However, the S.p.A. was nationalized due to insolvency.
In 1997 the bank was re-privatized, with the formation of a bad bank Società per la Gestione di Attività (SGA), as well as wind-down the subsidiary ISVEIMER. 60% stake of the S.p.A. was acquired by Istituto Nazionale delle Assicurazioni (INA) and Banca Nazionale del Lavoro (BNL) via an intermediate holding company (INASSIT, later Banco di Napoli Holding).
INA and BNL later sold the holding company to Sanpaolo IMI.
The present structure
The integration of Banco di Napoli into the group Sanpaolo IMI in 2000 led to its geographical operating area being reduced: all branches in northern and central Europe, which would have overlapped with the existing structure of the parent company, were closed or moved. However, at the same time the southern branches of Sanpaolo IMI were transferred into the newly renamed Sanpaolo Banco di Napoli.
In the Italian regions of Abruzzo, Molise, and Lazio, which were areas where the Banco di Napoli was historically less strong because before the Italian unification they had not been part of the Kingdom of the Two Sicilies, here at first after the take-over the branches of the bank were incorporated into the Sanpaolo; but later in Abruzzo and Molise it was decided to incorporate them into the Banca dell'Adriatico.
At present, therefore, the Banco di Napoli operates only in Campania, Apulia, Basilicata, and Calabria, with the exception of one branch at the Palazzo Montecitorio in Rome. The bank's network still includes some 687 branches, and it has approximately 5,750 employees.