Banca Popolare di Bergamo explained

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.

History

Banca Popolare di Bergamo was found in 1869.

Banca Popolare di Bergamo Group

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.

Banca Popolare di Bergamo (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]

External links

Notes and References

  1. Web site: RELAZIONI E BILANCIO al 31 DICEMBRE 2014. 25 February 2015. 14 February 2016. Banca Popolare di Bergamo. Italian.
  2. Web site: Storia. 14 February 2016. Banca Popolare di Bergamo. Italian. 8 March 2016. https://web.archive.org/web/20160308112011/https://www.ubibanca.com/BPB_storia. dead.