Banca Popolare di Cividale
Native name | Banca Popolare di Cividale S.C.p.A. |
---|---|
Società Cooperativa per Azioni | |
Industry | Financial services |
Founded | 1886 |
Headquarters | 8/1 via Sen. Guglielmo Pelizzo, Cividale del Friuli, Italy |
Number of locations | 75 branches (2014) |
Area served |
|
Services | Retail and corporate banking |
€10.065 million (2014) | |
Total assets | €4.229 billion (2014) |
Total equity | €276.177 million (2014) |
Owner |
|
Subsidiaries | Civileasing (100%) |
Capital ratio | 10.04% (CET1)[1] |
Website | Official website |
Banca Popolare di Cividale is an Italian cooperative bank based in Cividale del Friuli, Friuli - Venezia Giulia.
History
Banca Popolare di Cividale società cooperativa a responsabilità limitata was found in 1886. In 2000 the bank acquired the controlling interests of Banca Agricola di Gorizia from Cardine Banca and minority shareholders (80%).[2]
Banca di Cividale
In 2000 a joint venture Banca di Cividale S.p.A., was formed by BP Cividale and Deutsche Bank S.p.A., the Italian subsidiary of Deutsche Bank A.G., in a 70-30 ratio.[3] BP Cividale became a holding company instead. However, Deutsche Bank sold 20% shares back to BP Cividale in 2002.
In 2002 BP Cividale sold 10% shares of Banca di Cividale to Cattolica Assicurazioni for €19.625 million, which the insurance company sold products in the network of Banca di Cividale.[4][5] In 2003 Deutsche Bank, sold the remaining 10% shares back to BP Cividale for €16,093,728.[6] In 2004, Banca di Cividale issued 2.4 million new shares to Credito Valtellinese, which equivalent to 22.22% shares capital of the bank (increased to 25% in 2005); BP Cividale acquired a minority interests in Banca dell'Artigianato e dell'Industria for 4.58% (increased to 9.864% in 2005);[7][8][9][10] While Cattolica Assicurazioni's ownership on the bank was diluted to 7.78%.[11] In the same year Banca di Cividale acquired a minority interests (4.3%) in Banka për Biznes, a Kosovar bank.[8][12]
In 2005 BP Cividale was changed from S.c.a.r.l. to Società Cooperativa per Azioni. In the same year Banca di Cividale acquired 5.5% shares of Deželna Banka Slovenije.[10][13] BP Cividale also bought back 7.78% shares of Banca di Cividale from Cattolica Assicurazioni for €20.7 million in 2006,[13] which the partnership would also ended on 31 December 2007.[14]
In 2011 BP Cividale sold the shares of Banca dell'Artigianato e dell'Industria to Credito Valtellinese, at the same time the holding acquired 5% shares of Banca di Cividale from Credito Valtellinese.[15] In 2013 Banca di Cividale was merged back to BP Cividale (along with NordEst Banca).[16] The 20% shares of Banca di Cividale was bought for €69,574,863.5 cash and 169,277 number of shares of BP Cividale (for €4,147,286.50), equivalent to 1% share capital of BP Cividale.[17] Credito Valtellinese also purchased €15 million subordinated loan of BP Cividale as part of agreement.[18]
The last annual report of Banca di Cividale shown the company had a shareholders equity of €229,352,768, as well as Tier 1 capital ratio of 13.15%.[19]
Other subsidiaries
In 2007, Civileasing, a subsidiary that joint-controlled by BP Cividale and Banca di Cividale, was became a wholly owned subsidiary of BP Cividale instead.[20]
In 2009 BP Cividale acquired a controlling interests (51%) in NordEst Banca.[21] The bank was absorbed into parent company in 2013.
See also
- Banca Popolare FriulAdria, a subsidiary of Crédit Agricole which based in Friuli – Venezia Giulia
- Cassa di Risparmio del Friuli Venezia Giulia, a subsidiary of Intesa Sanpaolo which based in Friuli – Venezia Giulia
- Banca Popolare Udinese, a defunct subsidiary of Banca Popolare di Vicenza which based in Friuli – Venezia Giulia
- Cassa di Risparmio di Trieste, a defunct subsidiary of UniCredit which based in Friuli – Venezia Giulia
- Banca Mediocredito del Friuli Venezia Giulia a commercial bank based in Friuli – Venezia Giulia
References
- ↑ "2014 Bilancio" (in Italian). Banca Popolare di Cividale. 3 April 2015. Retrieved 9 March 2016.
- ↑ "Offerta pubblica di acquisto e di scambio su azioni ordinarie della Banca Agricola di Gorizia" (PDF). Banca Popolare di Cividale (in Italian). CONSOB archive. 2000. Archived from the original (PDF) on 3 April 2015.
- ↑ "Provvedimento N°115/A: Banca Popolare di Cividale / Deutsche Bank" (PDF) (in Italian). Banca d'Italia. 14 September 2000. Retrieved 9 March 2016.
- ↑ "CATTOLICA ASSICURAZIONI AND BANCA POPOLARE DI CIVIDALE INITIATE A BANCASSURANCE AGREEMENT" (PDF). Banca Popolare di Cividale / Cattolica Assicurazioni. 6 March 2002. Retrieved 9 March 2016.
- ↑ "BANCASSURANCE AGREEMENT BETWEEN CATTOLICA ASSICURAZIONI AND BANCA POPOLARE DI CIVIDALE NOW OPERATIONAL" (PDF). Banca Popolare di Cividale / Cattolica Assicurazioni. 15 July 2002. Retrieved 9 March 2016.
- ↑ "2003 Bilancio: Nota Integrativa e allegati" (PDF) (in Italian). Deutsche Bank S.p.A. 18 May 2004. Retrieved 9 March 2016.
- ↑ "2004 Bilancio" (PDF) (in Italian). Credito Valtellinese. 4 May 2005. Retrieved 9 March 2016.
- 1 2 "2004 Bilancio Consolidato" (in Italian). Banca Popolare di Cividale. 11 May 2005. Retrieved 9 March 2016.
- ↑ "2005 Bilancio" (PDF) (in Italian). Credito Valtellinese. 21 April 2006. Retrieved 9 March 2016.
- 1 2 "2005 Bilancio Consolidato" (in Italian). Banca Popolare di Cividale. 23 May 2006. Retrieved 9 March 2016.
- ↑ "2005 Bilancio Consolidato" (PDF) (in Italian). Cattolica Assicurazioni. 21 April 2006. Retrieved 9 March 2016.
- ↑ "Missione economica in Kosovo capofila la Banca di Cividale". Messaggero Veneto (in Italian). 13 January 2004. Retrieved 9 March 2016.
- 1 2 "2006 Bilancio Consolidato" (in Italian). Banca Popolare di Cividale. 16 May 2007. Retrieved 9 March 2016.
- ↑ "2006 Bilancio consolidato" (PDF) (in Italian). Cattolica Assicurazioni. 18 April 2007. Retrieved 9 March 2016.
- ↑ "2011 Bilancio" (in Italian). Banca Popolare di Cividale. 27 April 2012. Retrieved 9 March 2016.
- ↑ "2013 bilancio" (in Italian). Banca Popolare di Cividale. 21 October 2004. Retrieved 9 March 2016.
- ↑ "2013 Bilancio" (PDF) (in Italian). Credito Valtellinese. 20 May 2014. Retrieved 9 March 2016.
- ↑ "JOINT PRESS RELEASE" (PDF). Credito Valtellinese / Banca Popolare di Cividale. 26 September 2013. Retrieved 9 March 2016.
- ↑ "2012 Bilancio" (in Italian). Banca di Cividale. 30 April 2013. Retrieved 9 March 2016.
- ↑ "2007 Bilancio consolidato" (in Italian). Banca Popolare di Cividale. 13 May 2008. Retrieved 9 March 2016.
- ↑ "2009 Bilancio" (in Italian). Banca Popolare di Cividale. 10 June 2010. Retrieved 9 March 2016.
External links
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