The Banca Popolare di Verona was an Italian bank which became part of the Banco Popolare Group, based in Verona, North Italy. Currently it is a brand of Banco Popolare.
History
The original name of "Banca Popolare di Verona" was Banca Mutua Popolare di Verona, founded on 21 June 1867.[1] It was the seventh Italian "People's" bank to be founded. (The meaning of "people's" is that every shareholder who has more than 150 shares can vote during the shareholders' meeting.)
BPV–SGSP
It was the first Italian bank that acquired another Italian bank (Banco S.Geminiano e S.Prospero di Modena) by a public takeover in 1993 and the name of the bank changed to Banca Popolare di Verona – Banco S. Geminiano e S. Prospero S.c.r.l. (isin: IT0001065215).
In 1997 the bank acquired Credito Bergamasco.
As at 31 December 2001, BPV–SGSP had a total assets of €30,588,789,000 in consolidated basis[2]