Banca Apulia

Banca Apulia S.p.A. marketed as BancApulia is an Italian bank incorporated in San Severo, in the Province of Foggia, Apulia region (Italian: Puglia). The main office of the bank was located in Bari, in the centre of Apulia region instead. The bank was takeover by Intesa Sanpaolo, after the previous owner was under administration and then being liquidated.

Banca Apulia
BancApulia
Native name
Banca Apulia S.p.A.
  • Subsidiary
  • Società per Azioni
ISINIT0000312071
IndustryFinancial services
Founded
  • 1924 in Torremaggiore
  • 1996 in San Severo (Banca Apulia)
Defunct27 May 2019 
Headquarters40 Via Tiberio Solis,
San Severo
,
Italy
ServicesRetail and corporate banking
(€119.867 million) (2014)
Total assets €5.495 billion (2014)
Total equity €213.176 million (2014)
Owner
ParentIntesa Sanpaolo
Subsidiaries
  • Apulia Prontoprestito (JV with the parent)
  • Apulia Previdenza (100%)
Capital ratio6.56% (CET1)
Websitewww.bancapulia.it
Footnotes / references
in consolidated basis[1]

History

Banca Apulia S.p.A. was found 1924 as Banco di Torremaggiore. The bank later became Banco di Torremaggiore e San Severo and then Banca della Capitanata. In 1996 the bank was renamed as Banca Apulia[2] after absorbing Banca Agricola Salentina.

In 2005 the bank had a market share of lending in Apulia for 5.47%, primary direct deposits for 4.42% and 2.32% in terms of branches, according to Banca d'Italia.[3]

In 2008 the bank was controlled by Finanziaria Capitanata (52.54% stake).[4]

On 13 January 2010 Veneto Banca acquired 42.394% stake in the bank[5][6] from Finanziaria Capitanata and other shareholders.[7] In mid-2010 Banca Meridiana, a subsidiary of Veneto Banca, was absorbed by Banca Apulia.[8] As at 31 December 2010 Veneto Banca owned 50.787% stake. (increased to 63.747% in 2011 and 70.105% in 2012)[9][10][11] After the deals, Finanziaria Capitanata remain as a minority owner for 25.85% stake.[9]

In 2012 Veneto Banca and BancApulia purchased the minority stake of Apulia Prontoprestito, a subsidiary of BancApulia, from HDI Assicurazioni and other shareholders from Borsa Italiana. After the deal Vento Banca owned 13.079%[11] and BancApulia owned 86.921%. The subsidiary was specialising in salary-backed loans.

On 26 June 2017, as part of a government funded bail-out of depositors and bail-in of the investors of Veneto Banca, Intesa Sanpaolo, the second largest bank of Italy by total assets, acquired some good assets of Veneto Banca as well as BancApulia.[12]

In January 2019, Intesa Sanpaolo deposited a plan of merger by incorporation of Banca Apulia into the company.[13]

See also
  • Banca della Campania, a defunct subsidiary of Banca Popolare dell'Emilia Romagna
  • Banca Carime, a defunct subsidiary of UBI Banca which served southern Italy
  • Banca di Roma, a defunct subsidiary of UniCredit which had network in southern Italy
  • Banca Cattolica di Molfetta, an Italian bank based in Molfetta, Apulia, a defunct subsidiary of Banca Antonveneta
  • Banca Popolare del Mezzogiorno, a defunct subsidiary of Banca Popolare dell'Emilia Romagna

References
  1. "2014 Bilancio" (in Italian). Banca Apulia. 26 March 2015. Retrieved 16 April 2016.
  2. "Chi siamo" [About us] (in Italian). Banca Apulia. 11 January 2016. Retrieved 16 April 2016.
  3. "DOCUMENTO DI REGISTRAZIONE 2006" (PDF). Banca Apulia (in Italian). CONSOB. 2006. Retrieved 20 April 2016.
  4. "Provvedimento n. 20422 C10274 - VENETO BANCA HOLDING/BANCA APULIA" (PDF) (in Italian). Autorità Garante della Concorrenza e del Mercato (AGCM). 28 October 2009. Archived from the original (PDF) on 23 April 2016. Retrieved 20 April 2016.
  5. "Progetto di integrazione del gruppo bancApulia nel gruppo Veneto Banca: Veneto Banca Holding acquisisce il controllo di bancApulia" (in Italian). Veneto Banca. 14 January 2010. Retrieved 16 April 2016.
  6. "2009 Bilancio" (in Italian). Veneto Banca. 26 April 2010. Retrieved 16 April 2016.
  7. "BANCAPULIA: Accordo tra il Gruppo bancario bancApulia ed il Gruppo bancario Veneto Banca" (in Italian). Banca Apulia / Veneto Banca. 14 January 2009. Retrieved 16 April 2016.
  8. "Autorizzati dalla Banca d'Italia la fusione per incorporazione di Banca Meridiana in bancApulia e l'ingresso di quest'ultima nel Gruppo Veneto Banca" (in Italian). Banca Apulia / Veneto Banca. 27 October 2009. Retrieved 16 April 2016.
  9. "2010 Bilancio" (in Italian). Veneto Banca. 2 May 2011. Retrieved 16 April 2016.
  10. "2011 Bilancio" (in Italian). Veneto Banca. 13 April 2012. Retrieved 16 April 2016.
  11. "2012 Bilancio" (in Italian). Veneto Banca. 16 April 2013. Retrieved 16 April 2016.
  12. "Intesa Sanpaolo signs contract to acquire certain assets and liabilities of Banca Popolare di Vicenza and Veneto Banca". Intesa Sanpaolo. 26 June 2017. Retrieved 26 June 2017.
  13. Barzaghi, Daniele (30 January 2019). "Intesa Sanpaolo, depositato il progetto di incorporazione di Banca Apulia" (in Italian). Citywire. Retrieved 6 March 2019.


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