Banca Cattolica di Molfetta explained

Banca Cattolica
Native Name:Banca Cattolica S.p.A.
Native Name Lang:it
Industry:Financial services
Founders:-->
Fate:absorbed by the parent company
Defunct:2001
Hq Location City:Molfetta
Hq Location Country:Italy
Profit:IT₤11.389 billion
Profit Year:2000
Equity:IT₤115.113 billion
Equity Year:2000
Parent:Banca Antonveneta

Banca Cattolica S.p.A. was an Italian cooperative bank based in Molfetta, Apulia region, southern Italy. The former parent company of the bank (until 1998), Cattolica Popolare survived as a cooperative society.

History

Banca Cattolica Popolare was founded in 1902. In 1994 Banca Cattolica Popolare Società cooperativa a responsabilità limitata spin off its banking activities to form a subsidiary Banca Cattolica S.p.A., which Credito Italiano acquired 35% shares.[1] [2] [3] The bank (S.p.A.) was later acquired by Banca Antoniana Popolare Veneta (Antonveneta) in 1998, for 80%.[1] As at 31 December 2000, Antonveneta owned 86.836% of the bank's share capital; the bank had a shareholders' equity of 115.113 billion lire (about €59 million) at that time.[4] In 2001, Banca Cattolica was absorbed into Antonveneta.[5]

External links

Notes and References

  1. Web site: Storia. 1 March 2016. Cattolica Popolare. Italian.
  2. Web site: BANCA CATTOLICA - S.p.a. . 29 October 1994. 1 March 2016. Italian Republic Official Gazette. Italian.
  3. Web site: Provvedimento N°15: Credito Italiano / Carimonte Holding. 8 November 1995. 28 February 2016. Banca d'Italia. Italian.
  4. Web site: 2000 Relazione e Bilancio Consolidato. 12 June 2001. 17 February 2016. Banca Antoniana Popolare Veneta (Antonveneta). Borsa Italiana archive. Italian.
  5. Web site: 2001 Relazione e Bilancio Consolidato. 6 June 2002. 17 February 2016. Antonveneta. Borsa Italiana archive. Italian.