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Banca Popolare di Brescia

From Alfawiki
Banca Popolare di Brescia S.c.r.l.
Company typeCooperative
IndustryBanking
PredecessorBanca Popolare di Lumezzane, Banca Popolare di Palazzolo
Founded1983
Defunct1999
FateMerged with Cassa di Risparmio di Reggio Emilia to form Bipop Carire
SuccessorBipop Carire
Headquarters
Brescia
,
Italy
Area served
Lombardy, Italy
ProductsBanking services

Banca Popolare di Brescia S.c.r.l., commonly referred to as Bipop, was a cooperative banking institution headquartered in Brescia, Lombardy, Italy. In 1999, it combined operations with Cassa di Risparmio di Reggio Emilia (Carire), resulting in the formation of Bipop Carire.

Per data from Mediobanca, Bipop was ranked 30th in terms of client deposit volumes in 1998, holding €5.7 billion. The bank's share capital stood near €310 million in 1999.

History

The origins of Banca Popolare di Brescia trace back to 1983 when it was created through the consolidation of Banca Popolare di Lumezzane and Banca Popolare di Palazzolo. By 1994, it controlled a 77.4% interest in Fineco Holding. That same year, it acquired Cisalpina Gestioni from several regional banks; this company was rebranded as Fineco Gestioni SGR in 2002. Subsequently, Fineco Gestioni merged with Fineco Asset Management SGR in 2004, and the combined entity was renamed Capitalia Asset Management SGR in 2006.

The merger with Cassa di Risparmio di Reggio Emilia in 1999 led to the creation of Bipop Carire, which later integrated into Banca di Roma in 2002, forming Capitalia. In turn, Capitalia was acquired by UniCredit in 2007.

See also

References