Banca Apulia
| Industry | Banking, Financial services |
|---|---|
| Predecessor | Banco di Torremaggiore |
| Founded | March 24, 1924 in Torremaggiore, Italy |
| Fate | Acquired by Intesa Sanpaolo in 2017 |
| Successor | Intesa Sanpaolo |
| Headquarters | San Severo , Italy |
Area served | Apulia region, Italy |
Key people | Tommaso Gozzetti (former CEO) |
| Products | Banking services, salary-backed loans (through subsidiary Apulia Prontoprestito) |
| Owner | Intesa Sanpaolo |
| Parent | Intesa Sanpaolo |
Banca Apulia S.p.A., operating under the brand name BancApulia, is an Italian financial institution headquartered in San Severo, located within the Province of Foggia in the Apulia region. Its primary office was formerly situated in Bari. The bank became part of Intesa Sanpaolo following the dissolution of its previous owner.
History
The bank was originally established on 24 March 1924 in Torremaggiore as Banco di Torremaggiore. Over time, it underwent multiple renamings to reflect its expanding regional presence, adopting the name Banca della Capitanata S.p.A. in 1985. During the tenure of CEO Tommaso Gozzetti—who received recognition from Foggia University for his contributions—the institution saw substantial development from the 1980s through 2006. In 1996, after acquiring Banca Agricola Salentina, it rebranded to BancApulia S.p.A., moved its registered headquarters to San Severo, and introduced the Castel del Monte emblem.
By 2005, the bank commanded a 5.47% share of lending and a 4.42% share of direct deposits within the Apulia market, while its branch network accounted for 2.32% of local outlets. As of 2008, Finanziaria Capitanata held a controlling interest of 52.54%.
On 13 January 2010, Veneto Banca purchased a 42.394% stake from Finanziaria Capitanata and other investors, ultimately increasing its ownership to over 70% by 2012. That same year, Veneto Banca and BancApulia jointly acquired the remaining minority shares in Apulia Prontoprestito—a BancApulia subsidiary specializing in salary-backed loans—with BancApulia maintaining an 86.921% majority stake.
In June 2017, as part of a government-supported rescue operation, Intesa Sanpaolo, Italy’s second-largest banking group by asset size, took over selected assets and liabilities from both Veneto Banca and BancApulia. Subsequently, in January 2019, Intesa Sanpaolo submitted a merger proposal to fully integrate Banca Apulia into its organizational framework.
See also
- Banca Popolare di Bari, a bank based in Bari, Apulia
- Banca Popolare di Puglia e Basilicata, headquartered in Altamura, Apulia
- Banca Popolare Pugliese, located in Parabita within the Province of Lecce, Apulia
- Banco di Napoli, serving southern Italy and operating as an Intesa Sanpaolo subsidiary
- Banca della Campania, formerly part of Banca Popolare dell'Emilia Romagna
- Banca Carime, once a UBI Banca subsidiary with operations in southern Italy
- Banca di Roma, previously under UniCredit with a network across southern Italy
- Banca Cattolica di Molfetta, a defunct bank from Molfetta, Apulia, previously owned by Banca Antonveneta
- Banca Popolare del Mezzogiorno, formerly affiliated with Banca Popolare dell'Emilia Romagna