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Credito Siciliano

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Native name
  
Credito Siciliano

Area served
  
Sicily

Founded
  
19 June 2002

Total assets
  
3.969 billion EUR (2014)

Parent organization
  
Credito Valtellinese

Industry
  
Financial services

Headquarters
  
Acireale

Number of locations
  
137

Total equity
  
168.2 million EUR (2014)

Credito Siciliano wwwgruppocrevalcomPublishingImagescreditosicil

Formerly called
  
Monte Grande di Pietà di Sant'Agata Monte di Credito Su Pegno Sant'Agata Banca del Monte Sant'Agata Nuova Banca del Monte Sant'Agata S.p.A. Banca Regionale Sant'Angelo S.p.A.

Type
  
subsidiary of a listed company

Services
  
Retail and corporate banking

Rapina al credito siciliano di caltanissetta


Credito Siciliano is an Italian bank based in Palermo, Sicily. It is a subsidiary of Credito Valtellinese.

Contents

The bank had 136 branches, 133 located in Sicily (Province of Agrigento: 4; Province of Caltanissetta: 7; Province of Catania: 51; Province of Enna: 2; Province of Messina: 18; Province of Palermo: 26; Province of Ragusa: 9; Province of Siracusa: 6 and Province of Trapani: 10), plus 3 more in mainland Italy (Milan, Rome, Turin).

History

Credito Siciliano was formed on 1 July 2002 by the merger of Banca Popolare Santa Venera (a subsidiary of Credito Valtellinese), Banca Regionale Sant'Angelo (a subsidiary of Credito Artigiano), Leasingroup Sicilia (a subsidiary of Banca Regionale Sant'Angelo, with BP Santa Venera had a minority interests) and the retail division of Cassa San Giacomo (a subsidiary of Credito Valtellinese). The new bank was owned by Credito Valtellinese for 39.43%, as well as through its subsidiary Credito Artigiano for 35.79% at that time.

Banca Regionale Sant'Angelo

Banca Regionale Sant'Angelo was an Italian bank based on 1/E via Siracusa, Palermo, Sicily. The bank was formed by Banca Popolare Sant'Angelo injected part of the bank assets to Nuova Banca del Monte Sant'Agata S.p.A. (a company that received the assets of a mount of piety of Catania found circa 1809), on 1 January 2001 as well as sold the company to Credito Artigiano (part of Credito Valtellinese group) in 2001. The shares of Banca Regionale Sant'Angelo was also distributed to the shareholders of Banca Popolare Sant'Angelo, making Credito Artigiano launched a public acquisition offer to buy the remaining 55% shares of the Banca Regionale in 2001. In 2002 Banca Regionale Sant'Angelo absorbed other subsidiaries of Credito Valtellinese to form Credito Siciliano.

The former headquarters of Banca Monte Sant'Agata on via Sant'Euplio was sold to a company. The site was refurbished as a hotel.

Leasingroup Sicilia

Leasingroup Sicilia was a finance leasing company based in Sicily. Banca Popolare Sant'Angelo increased it stake in the company in 1990s, but spin off to inject the stake to Banca Regionale Sant'Angelo circa 2001. As at 31 December 2001, Banca Popolare di Lodi also owned 5.12% stake .

References

Credito Siciliano Wikipedia