Banca Apulia S.p.A. marketed as BancApulia is an Italian bank incorporated in San Severo, in the Province of Foggia, Apulia region. 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.
History
Banca Apulia S.p.A. was found in Torremaggiore on 24 March 1924 under the name Banco di Torremaggiore, later changing its name to Banco di Torremaggiore e della Daunia spa, then to Banco di Torremaggiore e San Severo spa. Felice Chiro’ was chairman from 1966 to 1998. In the early 1980s he appointed a young bank manager and they led the growth of the bank for the following years. The bank experienced a significant growth from the 1980s to 2006 under the CEO Tommaso Gozzetti who received an honorary degree from Foggia University for it. The foundations were laid for the bank's regional growth, which in 1985 took the name Banca della Capitanata S.p.A. In 1996, the bank acquired Banca Agricola Salentina, grew in size and changed its name again to BancApulia S.p.A. with its registered office in San Severo; this change was also reflected in the logo, which became Castel del Monte. 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]