Banca Popolare del Molise
| Company type | Cooperative bank |
|---|---|
| Industry | Financial services |
| Defunct | 1998 |
| Fate | Integrated into Rolo Banca |
| Headquarters | Campobasso , Italy |
Area served | Molise region |
| Products | Banking, financial services |
Banca Popolare del Molise was an Italian financial institution headquartered in Campobasso, located in the Molise region.
By 1994, it ranked among the top three banks in Molise in terms of both deposit volumes and lending market share, holding the 181st position nationally based on customer deposits.
In June 1998, the bank was integrated into Rolo Banca, a subsidiary under the umbrella of Credito Italiano.
The parent entity, Credito Italiano, subsequently merged with its primary rival Banca di Roma in 2007, leading to the establishment of UniCredit and Capitalia. As of 2008, UniCredit Banca di Roma maintained 38 branches across Molise, including the former headquarters of BPM on via Pietrunto, which had been operated by UniCredit Banca from 2002 until 2007.
History
According to data from the Autorità Garante della Concorrenza e del Mercato, Banca Popolare del Molise commanded a 19.5% share of short-term lending within Molise, placing it behind Banca di Roma at 30.99% but ahead of Banco di Napoli at 14.95%. Another report from Banca d'Italia indicated that in 1994 BPM's combined short- and long-term lending share was 11.84%, compared to 19.60% for Banca di Roma Group, 15.93% for Banco di Napoli Group, and 9.48% for Banca Nazionale del Lavoro Group. Regarding deposits, BPM held a 23.60% share, ranking second after Banca di Roma Group's 34.94%, and surpassing Banco di Napoli (9.58%) and Credito Molisano (7.79%).
In the same year, Credito Romagnolo acquired a 35% ownership interest in BPM. Subsequently, Credito Romagnolo was itself purchased by Credito Italiano in 1995 and merged with Carimonte Banca later that year to create Rolo Banca.
At that point, BPM managed a network of 17 branches—16 situated within Molise and one located in Abruzzo.