Credito Bergamasco
| Company type | Public (until 2014) |
|---|---|
| Industry | Financial services |
| Founded | 1891 |
| Defunct | 2014 |
| Fate | Absorbed into Banco Popolare |
| Headquarters | Bergamo , Italy |
Area served | Lombardy (except Sondrio, Lodi, Cremona, Pavia, Mantova) |
| Parent | Banco Popolare (from 1997) |
Credito Bergamasco (commonly known as Creberg) was an Italian financial institution headquartered in Bergamo, Lombardy. In 1997, it was acquired by Banca Popolare di Verona – Banco S. Geminiano e S. Prospero S.c.a.r.l., yet it remained publicly traded on the Borsa Italiana until 2014. That year marked its full integration into Banco Popolare S.C., where it continued to operate as a division within the larger corporate structure.
Its operations spanned much of Lombardy, with the exception of the provinces of Sondrio, Lodi, Cremona, Pavia, and Mantova—areas served by other regional banks affiliated with the Banco Popolare group.
History
By 2006, Banco Popolare di Verona e Novara held an 87.72% stake in Credito Bergamasco. The parent company expanded its holdings by purchasing minority shares from Cattolica Assicurazioni during 2002 and 2004. Ownership rose to 88.99% in 2009 under Banco Popolare. In 2010, Banco Popolare acquired the remaining shares of both Cassa di Risparmio di Lucca Pisa Livorno and Credito Bergamasco from Fondazione Cassa di Risparmio di Lucca, which decreased its direct stake to 77.43% but included a call option valid until 2013. On June 1, 2014, Banco Popolare completed the absorption of Credito Bergamasco by exchanging each share of Credito Bergamasco for 1.412 shares of Banco Popolare.
Sponsorship
Credito Bergamasco served as a sponsor for Atalanta B.C. up until 2017. Beginning with the 2017–18 season, sponsorship responsibilities were transferred to another Bergamo-based banking institution, UBI Banca.