Parent Mercury Italy S.r.l. Founded 1939 Total assets 8.036 billion EUR (2014) Headquarters Milan, Rome | Capital ratio 13.25% (CET1) Net income 96.35 million EUR (2014) Total equity 927.8 million EUR (2014) | |
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Native name Istituto Centrale delle Banche Popolari Italiane Type private Società per Azioni Owner Mercury Italy S.r.l. (89%)
Credito Valtellinese (2.0%)
Banca Popolare di Sondrio (2.0%)
Banco Popolare (1.5%)
Banca Popolare dell'Emilia Romagna (1.5%) Website Official website (in Italian) CEO Paolo Bertoluzzo (11 Jul 2016–) Subsidiaries CartaSi SpA, Seceti S.p.A, SITEBA S.p.A. | ||
Istituto Centrale delle Banche Popolari Italiane S.p.A. (ICBPI) is an Italian bank that was specialize as a central institution of Italian People's Bank. (Italian: Banca Popolare). The bank now specialize in payment system such as CartaSi.
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History
The bank was found by Banca Popolare di Cremona, Intra, Lecco, Lodi, Luino e Varese and Verona in 1939.
In February 2017 ICPBI acquired the card business of Banca Monte dei Paschi di Siena for €520 million.
Shareholders
Credito Valtellinese (Creval) was the largest shareholders of the bank for 20.387% as at 1 January 2015.
On 18 December 2015, the shares held by Credito Valtellinese (18.39%), Banco Popolare (13.88%), Banca Popolare di Vicenza (9.99%), Veneto Banca (9.99%), Banca Popolare dell'Emilia Romagna (9.14%), ICCREA Holding (7.42%), Banca Popolare di Cividale (4.44%), UBI Banca (4.04%), Banca Popolare di Milano (4.00%), Banca Carige (2.20%), Banca Sella Holding (1.80%) and some minor banks, were sold to an intermediate holding company Mercury Italy S.r.l.. (an investment vehicle indirectly owned by funds advised by Bain Capital, Advent International and Clessidra SGR)
After the sales in December 2015, Creval retained 1.9989% as the second largest shareholders, followed by Banca Popolare di Sondrio which did not sell (1.9973%). Creval, Banco Popolare (1.5%), Banca Popolare dell'Emilia Romagna (1.5%), Banca Popolare di Milano (1.0%), UBI Banca (1.0%), Banca Popolare di Cividale (0.7%), ICCREA Holding (0.5%), Banca Sella Holding (0.2%) retained about 8.4% shares.
Other than BP Sondrio, only 5 more banks did not sell the shares: Banca Popolare di Bari (0.1081%), Cassa di Sovvenzioni e Risparmio fra il Personale della Banca d'Italia (0.0121%), Banca Popolare del Frusinate (0.0014%), Banca Popolare Vesuviana (0.0011%) and Cassa di Risparmio di Ferrara (0.0009%).