Nuova Banca Mediterranea S.p.A. was an Italian bank based in Potenza, Basilicata. The bank was absorbed by Banca Popolare di Bari in 2004.
History
Banca Mediterranea
Banca Mediterranea S.p.A., based in Pescopagano, in the province of Potenza, was found in 1992 by the merger of Banca Popolare Cooperativa di Pescopagano e Brindisi and Banca di Lucania.[1] At that time BP Pescopagano had about 40 branches and Banca di Lucania 30.[2] In 1994 Banca di Roma acquired 30% stake in the bank.[3]
The two banks at that time had a significant market share in Basilicata and Molise combined (Banca Mediterranea significantly in the province of Potenza, Basilicata and Banca di Roma significantly in the province of Campobasso, Molise).