Mediocredito Trentino – Alto Adige () is an Italian investment bank based in
Trento
Trento ( or ; Ladin language, Ladin and ; ; ; ; ; ), also known in English as Trent, is a city on the Adige, Adige River in Trentino-Alto Adige/Südtirol in Italy. It is the capital of the Trentino, autonomous province of Trento. In the 16th ...
, Trentino. The bank served historically the autonomous provinces of Trentino and South Tyrol, but now extended to Lombardy (Brescia), Veneto (Treviso and Padua) and Emilia-Romagna (Bologna).
History
Istituto per l'Esercizio del Credito a Medio e Lungo Termine nella Regione Trentino – Alto Adige (Mediocredito Trentino – Alto Adige in short) was found in 1953 as a
statutory corporation
A statutory corporation is a corporation, government entity created as a statutory body by statute. Their precise nature varies by jurisdiction, but they are corporations owned by a government or controlled by national or sub-national government ...
. At that time banks were separated from providing short-term loan and medium and loan term loan, which several Mediocredito was set up to enhance the post war recovery. The Ministry of the Treasury provided 800 million
lire (54%) and Trentino – South Tyrol Region 450 million lire (36%). Due to
Legge Amato the bank became a
Società per Azioni
(; abbr. S.p.A. or spa ) is a form of corporation in law of Italy, Italy, meaning 'company with shares' (although often translated as 'joint-stock company', which may or may not be a limited liability entity). It is more or less equivalent to ...
(limited company), with a share capital of 66.240
billion
Billion is a word for a large number, and it has two distinct definitions:
* 1,000,000,000, i.e. one thousand million, or (ten to the ninth power), as defined on the short scale. This is now the most common sense of the word in all varieties of ...
lire.
It was later increased to 112,470,400,000 lire, or €58,484,608.
Shareholders
* public entity
** Trentino – South Tyrol (17.489%)
** Trentino (17.489%)
** South Tyrol (17.489%)
* banks
** Casse Rurali Raiffeisen Finanziaria (
Cassa Centrale Banca -
Cassa Centrale Raiffeisen dell'Alto Adige joint venture) (35.207%)
**
Südtiroler Sparkasse – Cassa di Risparmio di Bolzano
The Savings Bank of the Province of Bolzano / South Tyrol (, ) is an Italian savings bank based in Bolzano, the capital of South Tyrol autonomous region.
Due to Italian banking reform, the bank was separate into a S.p.A. and a banking foundation ...
(7.802%)
**
Südtiroler Volksbank – Banca Popolare dell'Alto Adige
The South Tyrolian People's Bank (, , known as Volksbank or Banca Popolare) is an Italian bank headquartered in Bolzano. The bank originated as a cooperative bank, but demututalized in 2016.
The bank was the second-largest bank in Trentino – So ...
(2.895%)
**
Banca di Credito Cooperativo di Roma (ex-
Banca Padovana) (0.213%)
**
ITAS Mutua (0.196%)
**
Banca del Veneziano (0.192%)
**
CentroMarca Banca (plus ex-
Cassa Rurale ed Artigiana di Treviso) (0.146%)
**
Banca Alto Vicentino (0.107%)
**
Crediveneto (0.107%)
**
Banca Santo Stefano (0.085%)
**
Veneto Banca (0.085%)
**
Rovigo Banca (0.078%)
**
Banca di Credito Cooperativo di Marcon (0.071%)
**
Banca Sviluppo (0.071%)
**
Cassa Padana (0.064%)
**
Banca Veronese Credito Cooperativo di Concamarise (0.043%)
**
Banca di Credito Cooperativo delle Prealpi (0.043%)
**
Cassa Rurale e Artigiana di Vestenanova (0.043%)
**
Federazione Trentina della Cooperazione (0.043%)
**
Federazione Veneta delle Banche di Credito Cooperativo (0.043%)
** Cassa Centrale Banca - Credito Cooperativo del Nord Est (0.001%)
** Raiffeisen Landesbank Südtirol – Cassa Centrale Raiffeisen dell'Alto Adige (0.001%)
See also
*
Cassa del Trentino
References
External links
*
{{DEFAULTSORT:Investitionsbank Trentino Sudtirol - Mediocredito Trentino Alto Adige
Banks established in 1953
1953 establishments in Italy
Banks of Italy
Companies based in Trentino
Companies based in South Tyrol
Government of Trentino
Government of South Tyrol
Government of Trentino-Alto Adige/Südtirol
Trento
Bolzano
Region-owned companies of Italy
Formerly government-owned companies of Italy
Partly privatized companies of Italy