Banca Popolare di Bergamo | |
Native Name Lang: | it |
Type: | subsidiary of a listed company |
Founded: | 1869 in Bergamo |
Founders: | --> |
Hq Location: | 8 Piazza Vittorio Veneto |
Hq Location City: | Bergamo |
Hq Location Country: | Italy |
Net Income: | €143,568,972 |
Net Income Year: | 2014 |
Assets: | €21,379,426,705 |
Assets Year: | 2014 |
Equity: | €2,332,026,750 |
Equity Year: | 2014 |
Owner: | UBI Banca (100%) |
Parent: | UBI Banca |
Ratio: | 17.53% (Tier 1)[1] |
Banca Popolare di Bergamo S.p.A. is an Italian bank based in Bergamo, Lombardy. The bank is a wholly owned subsidiary of UBI Banca.
Banca Popolare di Bergamo was found in 1869.
In 1992, the bank merged with Credito Varesino which the bank was renamed as Banca Popolare di Bergamo – Credito Varesino. It was the first cooperative bank listed in Borsa Italiana. It also acquired Banca Popolare di Ancona as its subsidiary.
In 2003, the bank merged with Banca Popolare Commercio e Industria to form Banche Popolari Unite. The retail network of BP Bergamo was also re-incorporated as a new limited company (S.p.A., P.I.03034840169), while the parent company, BPU, remained as a cooperative society . In 2007, the bank became part of UBI Banca.[2]