Banca Popolare di Spoleto

Banca Popolare di Spoleto
Native name
Banca Popolare di Spoleto S.p.A.
FormerlyBanca Cooperativa Popolare in Spoleto
Company type
BIT: SPO (former)
ISINIT0001007209
IndustryFinancial services
Founded
  • 28 April 1895 (1895-04-28)[1]
  • 30 July 1992 (1992-07-30) (S.p.A.)[1][2]
FounderGiulio Cesari[1]
HeadquartersPiazza Luigi Pianciani,
Spoleto
,
Italy
(€35,014,744) (Jul.–Dec.2014)
Total assetsDecrease €3,282,541,271 (end 2014)
Total equityDecrease €173,175,791 (end 2014)
Owner
ParentBanco di Desio e della Brianza
Capital ratio7.99% (CET1)
WebsiteOfficial website

Banca Popolare di Spoleto S.p.A. is an Italian bank based in Spoleto, Umbria region. It was a subsidiary of Banco di Desio e della Brianza.

History

Banca Cooperativa Popolare in Spoleto Soc. Coop. was found on 28 April 1895 by Professor Giulio Cesari, as well as other funder.

In 1992 the cooperative society spin off their bank activity to form a "company limited by shares" (società per azioni): Banca Popolare di Spoleto S.p.A.; the controlling interests was acquired by Credito Italiano (50.71% in 1998), and the original cooperative society was renamed to "Popolare Spoleto - Credito e Servizi".[3]

The Sp.A. was listed in the Borsa Italiana in 1996. Credito Italiano sold the bank in mid-1998.[4] As at 31 December 1998 Spoleto Credito e Servizi was the major shareholders of 53.110%, followed by Banca Monte dei Paschi di Siena (Banca MPS) (and its subsidiary Monte Paschi Vita) for 25.956%. In 2005, due to capital increases, Banca MPS Group hold 25.981% shares of BP Spoleto S.p.A..[5]

As at 31 December 2012, the bank had a Tier 1 capital ratio of 6.45%.[6] From February 2013[7][8] to 31 July 2014 it was under extraordinary administration by the Ministry of Economy and Finance. On 1 April 2014 Banco di Desio e della Brianza subscribed the capital increases of the bank for €140 million, making former largest shareholder, Spoleto Credito e Servizi Soc. Coop. (ex-Banca Popolare di Spoleto Soc. Coop.), became the second largest.[9][10] On 31 July 2014 the Tier 1 capital ratio was increased to 9.371%,[11] but decreased to 7.99% as at 31 December 2014.

In 2017, due to less than 10% shares being owned by the public, the bank ceased to be a listed company.[12]

References

  1. ^ a b c "Dati Identificativi e Storia" (in Italian). Banca Popolare di Spoleto. Archived from the original on 6 March 2016. Retrieved 29 February 2016.
  2. ^ "Conferimento dell'azienda bancaria "Banca popolare di Spoleto S.c.r.l." nella neocostituita "Banca popolare di Spoleto S.p.a."" (in Italian). Italian Republic Official Gazette. 24 July 1992. Retrieved 29 February 2016.
  3. ^ "Accordo bps-credito italiano: assemblea di domenica per ratifica" (in Italian). Agenzia Giornalistica Italia. 28 May 1992. Archived from the original on 7 March 2016. Retrieved 3 March 2016.
  4. ^ "Quesito in merito all'inclusione nel bilancio consolidato al 30.6.1998 e nella situazione semestrale al 31.12.1998 della partecipazione nella Banca Popolare di Spoleto" (in Italian). CONSOB. 28 September 1998. Retrieved 3 March 2016.[permanent dead link]
  5. ^ "2005 Bilancio Consolidato" (PDF) (in Italian). Banca Monte dei Paschi di Siena. 29 March 2006. Retrieved 29 February 2016.
  6. ^ "RELAZIONE SULLA SITUAZIONE PATRIMONIALE ED ECONOMICA AL 31.12.2012" (PDF) (in Italian). Banca Popolare di Spoleto. 13 March 2012. Archived from the original (PDF) on 2013-06-12. Retrieved 5 March 2016.
  7. ^ "Scioglimento degli Organi con funzioni di amministrazione e di controllo e messa in amministrazione straordinaria della Banca Popolare di Spoleto S.p.A., in Spoleto" (in Italian). Italian Republic Official Gazette. 19 April 2013. Retrieved 29 February 2016.
  8. ^ "Relazione sulla Situazione Patrimoniale ed Economica al 31 dicembre 2012" (PDF) (in Italian). Banca Popolare di Spoleto. 13 March 2013. Archived from the original (PDF) on 2013-06-12. Retrieved 29 February 2016.
  9. ^ "BANCA POPOLARE DI SPOLETO WILL BECOME THE BANCO DESIO GROUP'S BANK FOR CENTRAL ITALY" (PDF). Banco di Desio e della Brianza / Banca Popolare di Spoleto. 1 April 2014. Retrieved 29 February 2016.
  10. ^ "2014 Relazione e Bilancio" (PDF) (in Italian). Banca Popolare di Spoleto. 27 March 2015. Archived from the original (PDF) on 2016-03-06. Retrieved 29 February 2016.
  11. ^ "Bilancio dell'esercizio di Amministrazione Straordinaria: 1.1.2013 - 31.7.2014" (PDF) (in Italian). Banca Popolare di Spoleto. 22 October 2014. Archived from the original (PDF) on 2016-03-07. Retrieved 5 March 2016.
  12. ^ "Banca Popolare Spoleto, dal 3 ottobre revocate le azioni da quotazione MTA". la Repubblica (in Italian). Rome. Teleborsa. 29 September 2017. Retrieved 15 November 2017.
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