Credito Bergamasco

Credito Bergamasco (Creberg) was an Italian bank based in Bergamo, Lombardy. The bank was acquired by Banca Popolare di Verona – Banco S. Geminiano e S. Prospero S.c.a.r.l. in 1997. The bank remained as a list company in Borsa Italiana until 2014. In 2014 it was absorbed into Banco Popolare S.C.. However, the former bank remained as a division of the company.

Credito Bergamasco
brand (former S.p.A.)
IndustryFinancial services
Founded1891
Defunct1 June 2014 
HeadquartersBergamo, Italy
OwnerBanco BPM
Websitewww.creberg.it/ 

The bank covered Lombardy region, except Province of Sondrio (no Banco Popolare existence), Province of Lodi (belongs to Banca Popolare di Lodi), Province of Cremona (belongs to Banca Popolare di Cremona and Crema), Province of Pavia (belongs to Banca Popolare di Novara) and Province of Mantova (belongs to Banca Popolare di Verona).

History

In 2006, Banco Popolare di Verona e Novara hold 87.72% shares of Credito Bergamasco. The banking group acquired a minority stake of Creberg from Cattolica Assicurazioni in 2002[1] and 2004.[2] In 2009 Banco Popolare increased to hold 88.990% shares. In 2010 Banco Popolare acquired the remain shares of Cassa di Risparmio di Lucca Pisa Livorno for cash and the shares of Credito Bergamasco from Fondazione Cassa di Risparmio di Lucca. It made Banco Popolare's holding deceased to 77.428% but with a call option to buy back the shares from the banking foundation,[3] which was expired in 2013. However, on 1 June 2014 Banco Popolare absorbed Credito Bergamasco by issues 1.412 shares of Banco Popolare for each shares of Credito Bergamasco.[4]

Sponsorship

The bank was a sponsor of Atalanta B.C. until 2017.[5] In 2017–18 season, the football club was sponsored by another Bergamo-based bank UBI Banca.

gollark: Score voting: you assign a score (1-5 or whatever) to each option. The option with the highest total score wins.
gollark: Approval voting: you can check multiple options on the ballot. The candidate/thing/whatever with the most votes wins.
gollark: No.
gollark: Than first past the post.
gollark: Approval voting and score voting are... less bad?

References

  1. "CATTOLICA ASSICURAZIONI AND BANCO POPOLARE DI VERONA E NOVARA SIMPLIFY EQUITY RELATIONSHIPS" (PDF). Cattolica Assicurazioni. 19 July 2002. Retrieved 21 April 2016.
  2. "BPVN purchase Cattolica's share in Credito Bergamasco in excess of 1%" (PDF). Cattolica Assicurazioni. 9 July 2004. Retrieved 21 April 2016.
  3. "Banco Popolare: siglato il closing con la Fondazione Cassa di Risparmio di Lucca" (in Italian). Banco Popolare. 5 July 2010. Retrieved 13 February 2016.
  4. "Stipulato l'atto di fusione per l'incorporazione del Credito Bergamasco nel Banco Popolare" (PDF) (in Italian). Banco Popolare. 26 May 2014. Retrieved 13 February 2016.
  5. "Atalanta e Credito Bergamasco insieme anche nella stagione 2016-2017" (Press release) (in Italian). Atalanta B.C. 20 September 2016. Retrieved 18 July 2017.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.