Banca Popolare Di Sondrio
Banca Popolare di Sondrio S.C.p.A. (BPSO) is an Italian bank based in Sondrio, Lombardy. The company was included in FTSE Italia Mid Cap Index. History Banca Popolare di Sondrio was an urban cooperative bank found in 1871. Along with Credito Valtellinese, they were the major banks inside the Province of Sondrio. The bank also owned equity interests in several companies that provide services to the bank, such as Banca Italease (4.252% on 30 June 2009), Arca Vita and Istituto Centrale delle Banche Popolari Italiane (2%). In 2009–11 Banca Italease was dismantled. BPSO acquired 20.95% stake in Alba Leasing as well as 60.5% stake in Factorit. Due to Decree-Law N°3/2015, the bank would be demutualized. However, it was held due to an appeal to the court. In September 2017 the bank announced that, they acquired Banca della Nuova Terra. Equity interests * ARCA SGR Arca Fondi SGR SpA (Italian: ) is an Italian fund management company based in Milan. The company was born from the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Cooperative Banking
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 carried out by credit unions, mutual savings banks, building societies and cooperatives, as well as commercial banking services provided by mutual organizations (such as cooperative federations) to cooperative businesses. A 2013 report by ILO concluded that cooperative banks outperformed their competitors during the financial crisis of 2007–2008. The cooperative banking sector had 20% market share of the European banking sector, but accounted for only 7% of all the write-downs and losses between the third quarter of 2007 and first quarter of 2011. Cooperative banks were also over-represented in lending to small and medium-sized businesses in all of the 10 countries included in the report. Credit unions in the US had five times lower fai ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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FTSE Italia Mid Cap
The FTSE Italia Mid Cap is a stock market index for the Borsa Italiana, the main stock exchange of Italy Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical .... It is one of the indices in the FTSE Italia Index Series. Components The index consists of listings See also * FTSE MIB References External links Constituents from Borsa ItalianaBloomberg Italian stock market indices FTSE Group stock market indices {{Italy-stub ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Credito Valtellinese
Credito Valtellinese (Creval) is an Italian bank based in Sondrio, Lombardy, Italy. The company was a former component of FTSE Italia Mid Cap Index of the Borsa Italiana (Milan Stock Exchange), but was removed and added as a component of Index in May 2017; the bank was added back to the reserve list of FTSE Italia Mid Cap in August 2017. The bank is named after the area Valtellina. The bank had 363 branches in Northern Italy (as Credito Valtellinese), 40 branches in Marche and Umbria (former Carifano), and 133 branches in Sicily (as Credito Siciliano). Credito Siciliano had three more branches outside the island of Sicily. It had a market share of 32% in Sondrio. However, only 2.9% in whole Lombardy region in terms of deposits, as of 30 June 2014, as well as only 1.7% in terms of branches as the 10th of Italy. Since 2021, it is part of Crédit Agricole Italia after a successful takeover bid by Crédit Agricole Italia. Crédit Agricole successfully concludes the tender offer, ac ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Banca Italease
Banca Italease S.p.A. was an Italian finance leasing company, based in Milan. The company formed two subsidiaries Alba Leasing (a company that serves SMEs) and a "bad bank" (Release S.p.A.) in 2009. The shares of Alba Leasing were distributed to the former shareholders of Banca Italease, with Banca Italease and Release S.p.A. becoming the subsidiary of Banco Popolare instead. Banca Italease was absorbed into Banco Popolare in 2015 as its leasing division. History The company was known as Banca Centrale per il Leasing delle Banche Popolari S.p.A., which was a joint venture of the People's Banks ( it, Banca Popolari) of Italy. In 1996 the company absorbed Istituto Triveneto del Leasing. As at 31 December 2000 the owner were Banca Popolare di Novara (25.52%), Banca Popolare di Bergamo – Credito Varesino (15.37153%), Banca Popolare di Verona – Banco S. Geminiano e S. Prospero (11.314%), Banca Monte dei Paschi di Siena (BMPS) (6.011%), Banca Popolare di Lodi (3.9708%), Banca Popol ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Arca Vita
ARCA or Arca may refer to: Companies * Arca-Filmproduktion GmbH, the German film production company of Gero Wecker * Arca Fondi SGR, Italian asset management company * Arca South, an industrial estate in the Philippines * ARCAspace, an aerospace company based in Las Cruces, New Mexico * NYSE Arca, an online stock exchange previously known as Archipelago Equipment * Arca-Swiss style tripod head (camera equipment) * arca (document store), alternately spelled archa * Astroparticle Research with Cosmics in the Abyss, part of the KM3NeT neutrino telescope Organizations * The American Russian Cultural Association, founded by Nicholas Roerich in 1942 * Association for Research into Crimes against Art, a non-profit organization based in Rome * Automobile Racing Club of America, a stock car racing sanctioning formed in 1953 by John Marcum ** ARCA Menards Series, the premier division of ARCA * Automobile Racing Club of America, a sports car racing organization formed by the Co ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Istituto Centrale Delle Banche Popolari Italiane
Nexi S.p.A. formerly known as Istituto Centrale delle Banche Popolari Italiane S.p.A. (ICBPI) is an Italian bank that specialises in payment systems such as Nexi Payments (formerly known as CartaSi). The bank was specialised as a central institution of Italian Popular Bank. ( it, Banca Popolare). History Istituto Centrale delle Banche Popolari Italiane (ICBPI) was founded by Banca Popolare di Cremona, Intra, Lecco, Lodi, Luino e Varese and Verona in 1939. In 2006, it acquired Key Client Cards & Solutions, a spin-off of Deutsche Bank. Since January 28, 2008, the Automated Clearing House – ACH Sepa Compliant with ICCREA Banca has been activated. In April 2008, it incorporated the Centralized Services Joint Stock Company – Seceti. On 15 September, 2008, in Vienna ICBPI signed an agreement with Equens SE for the establishment of the Equens Italia joint venture, which will carry out the Automated Clearing House activity in Italy as insourcer of ICBPI and ICCREA. At the end of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Alba Leasing
''Alba'' ( , ) is the Scottish Gaelic name for Scotland. It is also, in English language historiography, used to refer to the polity of Picts and Scots united in the ninth century as the Kingdom of Alba, until it developed into the Kingdom of Scotland of the late Middle Ages following the absorption of Strathclyde and English-speaking Lothian in the 12th century. It is cognate with the Irish term ' (gen. ', dat. ') and the Manx term ', the two other Goidelic Insular Celtic languages, as well as contemporary words used in Cornish (') and Welsh ('), both of which are Brythonic Insular Celtic languages. The third surviving Brythonic language, Breton, instead uses ', meaning 'country of the Scots'. In the past, these terms were names for Great Britain as a whole, related to the Brythonic name Albion. Etymology The term first appears in classical texts as ' or ' (in Ptolemy's writings in Greek), and later as ' in Latin documents. Historically, the term refers to ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Demutualization
Demutualization is the process by which a customer-owned mutual organization (''mutual'') or co-operative changes legal form to a joint stock company. It is sometimes called stocking or privatization. As part of the demutualization process, members of a mutual usually receive a "windfall" payout, in the form of shares in the successor company, a cash payment, or a mixture of both. Mutualization or mutualisation is the opposite process, wherein a shareholder-owned company is converted into a mutual organization, typically through takeover by an existing mutual organization. Furthermore, re-mutualization depicts the process of aligning or refreshing the interest and objectives of the members of the mutual society. The mutual traditionally raises capital from its customer members in order to provide services to them (for example building societies, where members' savings enable the provision of mortgages to members). It redistributes some profits to its members. By contrast, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Banca Della Nuova Terra
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 * Banca, Vaslui, a commune in Vaslui County, Romania * Banca, a village in Dealu Morii Dealu Morii is a commune in Bacău County, Western Moldavia, Romania Romania ( ; ro, România ) is a country located at the crossroads of Central Europe, Central, Eastern Europe, Eastern, and Southeast Europe, Southeastern Europe. It borde ... Commune, Bacău County, Romania Other * Banca or Bangka (boat), a Philippine outrigger canoe {{dab, geodis ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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ARCA SGR
Arca Fondi SGR SpA (Italian: ) is an Italian fund management company based in Milan. The company was born from the experience of Arca SGR SpA, founded in October 1983, thanks to the effort of 12 Italian Cooperative Banks and over the years has added other credit institutions and financial companies as distributors. Arca Fondi SGR is today one of the leading companies in asset management in Italy thanks to its widespread presence: over 100 distributors, 8000 bank branches, as well as a network of financial advisors and online channels. History In September 1984 the first two Arca mutual funds, Arca BB and Arca RR Diversified Bond, were launched on the market. In 1987 the company reached a historic milestone, the first 100,000 customers. Arca Fondi was one of the first companies to offer open pension funds in Italy, thanks to the opening in 1998 of Arca Previdenza. In 2009, with Arca Cedola Funds, it is among the first companies on the market to launch income distribution products, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Companies Based In Sondrio
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pers ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |