Fondazione Banca Agricola Mantovana

Fondazione BAM
Fondazione Banca Agricola Mantovana
Named after Banca Agricola Mantovana
Predecessor Charity function of Banca Agricola Mantovana
Formation 13 October 2000 (2000-10-13)
Founder
93034380209
Headquarters 13 corso Vittorio Emanuele II, Mantua, Italy
Revenue (2013[1])
 €1,133,000
Expenses (2013) €267,723
Endowment €504,042 (to others)
Website Official website (in Italian)

Fondazione Banca Agricola Mantovana is an Italian charity organization based in Mantua, Lombardy. It was found by Banca Agricola Mantovana (BAM) and its parent company Banca Monte dei Paschi di Siena (Banca MPS) in 2000. BAM was transformed from a cooperative bank to a private limited company (società per Azioni) circa 1999–2000.

According to its by-law, BAM had to pay the foundation 2 billion lire (€1.033 million) annually. Since the bank was absorbed into Banca MPS in 2008, Banca MPS inherited the responsibility instead. However, Banca MPS refused to honor the contract. In 2015 the foundation seek arbitration for the non-payment for three years.[2]

In the past BAM had rights to name 5 directors, while other 4 directors were named by the comune of Mantua, the Province of Mantua and Accademia Nazionale Virgiliana.[3]

Headquarter

The headquarter of the foundation was located in Palazzo del Diavolo, 15 corso Vittorio Emanuele II. The building was the old headquarter of the bank. However, the bank moved to 30 corso Vittorio Emanuele II in 1949, which currently a branch of Banca MPS.[4] Palazzo del Diavolo was opposite to a branch of UniCredit (ex-Cariverona branch).[5]

Arts Gallery

The Galleria d'Arte of the foundation displayed the works of Giuseppe Bazzani: S.Margarita da Cortona and San Longino, Sant'Andrea, Sant'Elena con la reliquia del Preziosissimo Sangue[6] as well as other collections.

References

  1. ↑ "2013 Relazione e Bilancio" (PDF). Fondazione Banca Agricola Mantovana (Fondazione BAM). 17 December 2014. Retrieved 23 February 2016.
  2. ↑ "Primo round alla Fondazione Bam". Gazzetta di Mantova (in Italian). 4 December 2015. Retrieved 23 February 2016.
  3. ↑ "Storia" [Story] (in Italian). Fondazione BAM. September 2002. Retrieved 23 February 2016.
  4. ↑ "Sede" [Headquartor] (in Italian). Fondazione Banca Agricola Mantovana. 2010. Retrieved 23 February 2016.
  5. ↑ "Bando di gara vendita di beni immobili" (in Italian). Italian Republic Official Gazette. 11 September 2004. Retrieved 23 February 2016.
  6. ↑ "Galleria d'Arte della Fondazione" (in Italian). Fondazione BAM. Retrieved 23 February 2016.
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