MPS Capital Services (MPSCS) is an Italian corporate and

investment bank Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broade ...

based in

Florence, Tuscany Florence ( ; ) is the capital city of the Italy, Italian region of Tuscany. It is also the most populated city in Tuscany, with 362,353 inhabitants, and 989,460 in Metropolitan City of Florence, its metropolitan province as of 2025. Florence ...

. The bank is a subsidiary of

Banca Monte dei Paschi di Siena Banca Monte dei Paschi di Siena S.p.A. (), known as BMPS or just MPS, is an Italian bank. Tracing its history to a mount of piety founded in 1472 () and established in its present form in 1624 (), it is the world's List of oldest banks, oldest ...

(Banca MPS). The subsidiary was known as ''MPS Banca per l'Impresa'' until 2007. On 28 March 2012 the bank was one of the banks that were selected to manage ''Fondo di Garanzia per le Piccole e Medie Imprese'' (a guarantee fund for SMEs) of the Italian Ministry of Economic Development in a 9-year contract. (other banks were

Mediocredito Italiano MedioCredito Italiano S.p.A. (MCI) is an Italian commercial bank based in Milan, Lombardy. History Istituto di credito per il finanziamento a medio termine alle piccole e medie industria della Lombardia, or MedioCredito Lombardo in short, was fou ...

, ''Artigiancassa'',

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 institut ...

and

Banca del Mezzogiorno – MedioCredito Centrale Banca del Mezzogiorno – MedioCredito Centrale (BdM-MCC) is an Italian bank based in Rome, Lazio region. The bank is entirely controlled by Invitalia S.p.A., which in turn is owned by the Ministry of Economy. The bank was specialized in medium-te ...

)

History

''MPS Banca per l'Impresa'' was a merger of the two subsidiaries of

: MPS Merchant and ''MPS Banca Verde'' (ex-Istituto Federale di Credito Agrario per la Toscana or Istituto Nazionale di Credito Agrario S.p.A. (INCA)) in 2004. The history of MPS Merchant – Banca per Piccole e Medie Imprese (found 2001) could be traced back to Mediocredito Toscano, found 1954. In 2007 the bank received a division of MPS Finance and renamed into ''MPS Capital Services Banca per le Imprese''.

Mediocredito Toscano

''Mediocredito Toscano'' was a bank established in 1954 to provide medium term loan to small and medium companies of Tuscany region, 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 ...

. 18 other Mediocredito were also established in the 1950s for the 19 regions of Italy. Due to legal changes from the

Legge Amato Legge () is a surname. Notable people with the surname include: *Alexander Legge (1866–1933), US businessman, president of International Harvester *Anthony Legge (1939–2013), British archaeologist specialized in zooarchaeology *Arthur Kaye Legg ...

the bank became a limited company (), which Monte dei Paschi di Siena (MPS) owned 74% stake. The Mediocredito also merged with ''Istituto Nazionale di Credito per il Lavoro Italiano all'Estero S.p.A.'' that year. In 1995 MPS also became a limited company (formation of

and

Fondazione Monte dei Paschi di Siena Fondazione Monte dei Paschi di Siena (FMPS) is a philanthropic organization based in Siena, Tuscany, Italy. The foundation was in fact the original statutory corporation of Monte dei Paschi di Siena. Due to Legge Amato, in 1995 there was a sepa ...

). In 2000 the Mediocredito was owned by Banca MPS (80.454% stake) and ''Banca Toscana'' (11.676% stake), a subsidiary of Banca MPS (57.278% stake plus 4.983% via

Banca Agricola Mantovana Banca Agricola Mantovana S.p.A. (BAM) was an Italian bank based in Mantua, Lombardy. The bank was a subsidiary of Banca Monte dei Paschi di Siena. On 31 March 2008, the bank had a total assets of €13,502,864,975. History Found 1871 as Banca Agr ...

(BAM); Banca MPS owned 51.487% stake of BAM). The two banks (BAM and Banca Toscana) were absorbed by Banca MPS in the 2000s.

MPS Banca per l'Impresa

MPS Capital Services

References

External links

* Banks of Italy Montepaschi Group Banks established in 1954 Italian companies established in 1954 Companies based in Florence {{Italy-bank-stub