Banca Popolare di Brescia S.c.r.l., also referred to as Bipop, was an Italian

cooperative bank Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take deposits and lend money in most parts of the world. Cooperative banking, as discussed here, includes retail banking carr ...

based in

Brescia Brescia (, ; ; or ; ) is a city and (municipality) in the region of Lombardy, in Italy. It is situated at the foot of the Alps, a few kilometers from the lakes Lake Garda, Garda and Lake Iseo, Iseo. With a population of 199,949, it is the se ...

, Lombardy. In 1999 the bank merged with Cassa di Risparmio di Reggio Emilia (Carire) to form

Bipop Carire Bipop Carire S.p.A. was an Italian banking group based in Brescia, Lombardy. The group became part of Capitalia in 2002. Capitalia itself became part of UniCredit in 2007, which the brand Bipop Carire was absorbed into UniCredit in 2008. Bipop Cari ...

. According to

Mediobanca Mediobanca S.p.A. is an Italian investment bank founded in 1946 at the initiative of Raffaele Mattioli (at that time CEO of Banca Commerciale Italiana) and Enrico Cuccia to facilitate the post-World War II reconstruction of Italian industry. Cu ...

, the bank was ranked 30th in terms of client deposits in 1998 (€5,735,732 thousands). In 1999, the bank had a share capital of 600,847,375,000 lire (about €310 million).

History

Banca Popolare di Brescia was found in 1983 by the merger of Banca Popolare di Lumezzane and

Banca Popolare di Palazzolo Banca may refer to: Places * Bangka Island, an island lying east of Sumatra, part of Indonesia * Banca, Pyrénées-Atlantiques, a commune of the Pyrénées-Atlantiques ''département'', France * Banca, Tasmania, a locality in Tasmania, Australia * ...

. The bank was the parent company of Fineco Holding (77.4% stake in 1994). The bank acquired Cisalpina Gestioni from Area Gestioni Finanziarie (30%), Area Consult SIM (6.15%), Banca Popolare di Intra (13.65%), Banca Popolare di Luino e Varese (13.65%) and Banca Popolare di Abbiategrasso (13.65%) in 1994 (renamed to Fineco Gestioni SGR in 2002; merged with Fineco Asset Management SGR in 2004; renamed to Capitalia Asset Management SGR on 1 January 2006). In 1999 the bank merged with Cassa di Risparmio di Reggio Emilia to form

. On 1 July 2002 Bipop Carire was merged with

Banca di Roma Banca di Roma was an Italian bank based in Rome, formed in 1992 by merger of Banco di Santo Spirito and Banco di Roma. From 2008 it was a subsidiary of UniCredit under the name UniCredit Banca di Roma S.p.A.. In 2010 the subsidiary was absorbed ...

to form

Capitalia Capitalia was an Italian banking group headquartered in Rome, in existence between 2002 and 2008. The bank was a listed company in Borsa Italiana (Milan Stock Exchange). The bank was acquired by UniCredit by issuing new shares of UniCredit for sh ...

, which was acquired by

UniCredit UniCredit S.p.A. (formerly UniCredito Italiano S.p.A.) is an Italian multinational banking group headquartered in Milan. It is a systemically important bank (according to the list provided by the Financial Stability Board in 2022) and the world' ...

in 2007.

References

{{reflist Capitalia Group Banks established in 1983 Banks disestablished in 1999 Italian companies disestablished in 1999 Companies based in Brescia Defunct cooperative banks of Italy Italian companies established in 1983

History

See also

References