Credito Bergamasco (Creberg) was an Italian bank based in

Bergamo Bergamo ( , ; ) is a city in the Alps, alpine Lombardy region of northern Italy, approximately northeast of Milan, and about from the alpine lakes Lake Como, Como and Lake Iseo, Iseo and 70 km (43 mi) from Lake Garda, Garda and Lake ...

, Lombardy. The bank was acquired by Banca Popolare di Verona – Banco S. Geminiano e S. Prospero S.c.a.r.l. in 1997. The bank remained as a list company in

Borsa Italiana Borsa Italiana () or Borsa di Milano (), based in Milan at Palazzo Mezzanotte, Mezzanotte Palace, is the Italy, Italian stock exchange. It manages and organises domestic market, regulating procedures for admission and listing of companies and i ...

until 2014. In 2014 it was absorbed into

Banco Popolare Banco Popolare Società Cooperativa was an Italian bank, formed in 2007 from the merger of Banco Popolare di Verona e Novara (BPVN) and Banca Popolare Italiana (BPI). The bank merged with Banca Popolare di Milano on 1 January 2017. to form Banco ...

S.C.. However, the former bank remained as a division of the company. The bank covered Lombardy region, except

Province of Sondrio The province of Sondrio (), also known as Valtellina (the major valley of the province) is a province in the Lombardy region of Italy. Its provincial capital is the city of Sondrio. As of 2024, it has a population of 179,165. History The prov ...

(no Banco Popolare existence), Province of Lodi (belongs to Banca Popolare di Lodi), Province of Cremona (belongs to

Banca Popolare di Cremona 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 * ...

and Crema), Province of Pavia (belongs to

Banca Popolare di Novara Banca Popolare di Novara was an Italian cooperative bank based in Novara, Piedmont. The bank was absorbed into parent company Banco Popolare in 2011 (Banco Popolare itself was merged in 2017 to form Banco BPM). However, the former company still ope ...

) and Province of Mantova (belongs to Banca Popolare di Verona).

History

In 2006, Banco Popolare di Verona e Novara hold 87.72% shares of Credito Bergamasco. The banking group acquired a minority stake of Creberg from

Cattolica Assicurazioni Cattolica Assicurazioni is an Italian insurance company. Founded in 1896, the company was listed on the FTSE Italia Mid Cap index of the Milan Stock Exchange from November 27, 2000, to August 12, 2022. Acquired by Generali in 2022 and merged ...

in 2002 and 2004. In 2009

increased to hold 88.990% shares. In 2010 Banco Popolare acquired the remain shares of

Cassa di Risparmio di Lucca Pisa Livorno Cassa di Risparmio di Lucca Pisa e Livorno S.p.A. was an Italian saving bank based in Lucca. It was a subsidiary of Banco Popolare and currently a sub-division (under BPL) and brand of the group Banco BPM. History Cassa di Risparmio di Lucca Cas ...

for cash and the shares of Credito Bergamasco from Fondazione Cassa di Risparmio di Lucca. It made Banco Popolare's holding deceased to 77.428% but with a

call option In finance, a call option, often simply labeled a "call", is a contract between the buyer and the seller of the call Option (finance), option to exchange a Security (finance), security at a set price. The buyer of the call option has the righ ...

to buy back the shares from the banking foundation, which was expired in 2013. However, on 1 June 2014 Banco Popolare absorbed Credito Bergamasco by issues 1.412 shares of Banco Popolare for each shares of Credito Bergamasco.

Sponsorship

The bank was a sponsor of

Atalanta B.C. Atalanta Bergamasca Calcio (), commonly referred to as Atalanta, is a professional Association football, football club based in Bergamo, Lombardy, Italy, who compete in Serie A, the top tier of the Italian football league system, Italian league ...

until 2017. In 2017–18 season, the football club was sponsored by another Bergamo-based bank

UBI Banca Unione di Banche Italiane S.p.A., commonly known for its trading name UBI Banca, was an Italian banking group, the fifth largest in Italy by number of branches. It was formed on 1 April 2007 from the merger of the Banche Popolari Unite (trading ...

References

Defunct banks of Italy Banks established in 1891 Italian companies established in 1891 Banks disestablished in 2014 Italian companies disestablished in 2014 Companies based in Bergamo Banco Popolare Companies formerly listed on the Borsa Italiana {{Italy-bank-stub