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Banca Apulia

BancApulia
Native name
Banca Apulia S.p.A.
Subsidiary & Società per Azioni
Industry Financial services
Founded
  • 1924 in Torremaggiore
  • 1996 in San Severo (Banca Apulia)
Headquarters 40 Via Tiberio Solis, San Severo, Italy
Services Retail and corporate banking
Profit Decrease(€119.867 million) (2014)
Total assets Increase €5.495 billion (2014)
Total equity Decrease €213.176 million (2014)
Owner
Parent Veneto Banca
Subsidiaries
  • Apulia Prontoprestito (JV with the parent)
  • Apulia Previdenza (100%)
Capital ratio 6.56% (CET1)
Website Official website
Footnotes / references
in consolidated basis

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.

Banca Apulia S.p.A. was found 1924 as Banco di Torremaggiore. The bank later became "Banco di Torremaggiore e della Daunia", then Banco di Torremaggiore e San Severo and then in 1985 Banca della Capitanata. In 1996 the bank was renamed as Banca Apulia after absorbed Banca Agricola Salentina.

The bank had a significant growth from 1980 under the management of the Chairman Felice Chirò and of the CEO Tommaso Gozzetti who led the bank from 1980 till 2008. 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.

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

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

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% and BancApulia owned 86.921%. The subsidiary was specialising in salary-backed loans.


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