Banca Popolare di Mantova

Banca Popolare di Mantova S.p.A. was an Italian cooperative bank based in Mantua, in the Lombardy region. The institution operated a local branch network and was connected over time with several large Italian banking groups, including Banca Popolare di Lodi, Banco Popolare and Banca Popolare di Milano. The bank’s corporate history began outside Lombardy. It originated as Banca Operaia di Pescopagano in Basilicata and was subsequently relocated to Mantua in 2000. In connection with that relocation, the branches of the original institution were acquired by Banca Bipielle Centrosud, a subsidiary of Banca Popolare di Lodi. The Mantuan bank then expanded its presence gradually, increasing its number of branches during the early 2000s. Ownership and control changed repeatedly as the Banca Popolare di Lodi group reorganized its subsidiaries. Banca Popolare di Lodi directly held a majority stake in 2001. In 2002, Bipielle Retail became the relevant sub-holding company, and in 2003 its role was taken over by Reti Bancarie. Banca Popolare di Lodi later increased its direct position again after Reti Bancarie was absorbed into the parent group in 2006. In 2007, the merger of Banco Popolare di Verona e Novara with Banca Popolare di Lodi created Banco Popolare S.C., which became the new holding company connected with Banca Popolare di Mantova. Because the group’s branch network overlapped with that of Banca Popolare di Verona–S. Geminiano e S. Prospero, Banco Popolare sold a majority interest in Banca Popolare di Mantova to Banca Popolare di Milano in 2008. The reported consideration was €32.49 million for a 56.99% holding. By 2009, Banca Popolare di Milano held approximately 57.05% of the bank, while Omniaholding S.p.A., associated with the Colaninno family, was identified as another significant shareholder. The bank’s network comprised 17 locations including its headquarters, according to the cited reference material. The later corporate context was shaped by the merger of Banca Popolare di Milano S.c. a r.l. and Banco Popolare S.C. to form Banco BPM S.p.A. Branches of Banca Popolare di Milano were transferred into Banca Popolare di Mantova so that they could remain within a subsidiary structure rather than being maintained as a division. The available reference material does not clearly establish the bank’s final legal status, a separate discontinuation date, or a current standalone website.

Banca Popolare di Mantova was an Italian cooperative bank headquartered in Mantua, Lombardy. Its institutional origins lay in Banca Operaia di Pescopagano, an institution from Pescopagano in Basilicata. In 2000, the bank was relocated to Mantua, while the branches of the original institution were acquired by Banca Bipielle Centrosud, a subsidiary of Banca Popolare di Lodi. The bank expanded its branch presence during the first half of the 2000s. It had four branches in 2001, opened an additional branch in 2002, and added two more in 2004, reaching eight branches by 2005. This expansion took place alongside a series of changes in the structure of its controlling shareholder. Banca Popolare di Lodi directly held 57.41% in 2001. In 2002, Bipielle Retail became the group sub-holding company associated with a 56.35% interest. In 2003, Reti Bancarie absorbed Bipielle Retail and assumed the relevant sub-holding role. Banca Popolare di Lodi later increased its direct holding to 52.32% in 2004 and held 55.01% after Reti Bancarie was absorbed into the group in 2006. The next major change followed the 2007 merger between Banco Popolare di Verona e Novara and Banca Popolare di Lodi. The resulting Banco Popolare S.C. became the holding company associated with Banca Popolare di Mantova. Because the new group had overlapping branch coverage with Banca Popolare di Verona–S. Geminiano e S. Prospero, Banco Popolare disposed of its majority interest in the Mantuan bank. In 2008, it sold 56.99% of Banca Popolare di Mantova to Banca Popolare di Milano for a reported €32.49 million. In 2009, Banca Popolare di Milano held approximately 57.05% of the shares. Omniaholding S.p.A., described as the holding company for the Roberto Colaninno family, was reported to hold 13.8979%. At that stage, Banca Popolare di Mantova had a network of 17 locations including its headquarters. The bank’s subsequent corporate setting was affected by the merger of Banca Popolare di Milano S.c. a r.l. and Banco Popolare S.C. to form Banco BPM S.p.A. Branches belonging to Banca Popolare di Milano were transferred to Banca Popolare di Mantova, allowing those locations to remain within a subsidiary rather than being treated as a division. The available source does not provide enough information to establish a definitive standalone termination date or describe a current operating structure.

1. 2009Banca Popolare di Milano majority position documented

   Banca Popolare di Milano held approximately 57.05%, while Omniaholding S.p.A. was reported to hold 13.8979%.

   Source
2. 2008Majority stake sold to Banca Popolare di Milano

   Banco Popolare sold 56.99% of Banca Popolare di Mantova to Banca Popolare di Milano for a reported €32.49 million.

   Source
3. 2007Banco Popolare becomes holding company

   The merger of Banco Popolare di Verona e Novara and Banca Popolare di Lodi created Banco Popolare S.C., which became the new holding company connected with Banca Popolare di Mantova.

   Source
4. 2005Eight-branch network

   Banca Popolare di Mantova had grown to eight branches.

   Source
5. 2003Reti Bancarie assumes sub-holding role

   Reti Bancarie absorbed Bipielle Retail and became the group sub-holding company associated with the bank.

   Source
6. 2002Bipielle Retail becomes sub-holding company

   Bipielle Retail became the relevant sub-holding company for a 56.35% interest, and the bank opened another branch.

   Source
7. 2001Initial branch and ownership development

   The bank had four branches, and Banca Popolare di Lodi directly held 57.41% of its shares.

   Source
8. 2000Relocation to Mantua

   Banca Operaia di Pescopagano was relocated from Pescopagano in Basilicata to Mantua, while the original bank’s branches were acquired by Banca Bipielle Centrosud.

   Source
9. Branch transfers after the Banco BPM merger

   After Banco BPM was formed through the merger of Banca Popolare di Milano and Banco Popolare, Banca Popolare di Milano branches were transferred into Banca Popolare di Mantova.

   Source

A locally focused cooperative banking institution serving customers through a branch network in Mantua and elsewhere in Italy.

• Retail banking servicesBanking

  The bank operated as a local cooperative bank, providing branch-based banking services to customers in its Italian operating territory. The available reference identifies the institution and its branch network but does not document specific branded account packages or detailed product terms.

• Deposit and payment servicesBanking

  Deposit-taking and routine payment-related services would form part of the institution’s ordinary banking activity, but the cited material does not specify named products, fees, channels, or customer segments.

• Loans and banking facilitiesCredit

  As a commercial and cooperative bank, Banca Popolare di Mantova was positioned to provide credit and related banking facilities through its branch network. Specific loan products and underwriting details are not identified in the available source.

• 2008Sale of majority interest to Banca Popolare di MilanoM&A

  After the creation of Banco Popolare S.C., the group faced overlapping branch coverage with Banca Popolare di Verona–S. Geminiano e S. Prospero.

  What changed. Banco Popolare sold a 56.99% stake in Banca Popolare di Mantova to Banca Popolare di Milano.

  Aftermath. Banca Popolare di Milano became the bank’s majority shareholder, holding approximately 57.05% in 2009.

  Reported consideration for 56.99% stake. €32.49 million (2008)

  Source
• 2000Relocation and conversion into a Mantuan banking institutionStrategy

  The institution originated as Banca Operaia di Pescopagano in Basilicata and was moved to Mantua.

  What changed. The bank was relocated to Mantua, while the original branches were acquired by Banca Bipielle Centrosud.

  Aftermath. The relocation established the Mantuan identity and operating base associated with Banca Popolare di Mantova.

  Source
• Transfer of Banca Popolare di Milano branchesStrategy

  The merger of Banca Popolare di Milano S.c. a r.l. and Banco Popolare S.C. created Banco BPM S.p.A.

  What changed. Branches of Banca Popolare di Milano were injected into Banca Popolare di Mantova so they could remain within a subsidiary structure.

  Aftermath. The transaction changed the bank’s role within the post-merger group, although the available source does not state its final legal status.

  Source

• 2009Banca Popolare di Milano becomes majority shareholder

  Banca Popolare di Milano held approximately 57.05% of Banca Popolare di Mantova, with Omniaholding S.p.A. reported as another significant shareholder.

  M&A
  Source
• 2008Banco Popolare sells majority stake in Banca Popolare di Mantova to Banca Popolare di Milano

  Following the creation of Banco Popolare S.C. and an overlap between branch networks, Banco Popolare sold a 56.99% interest in Banca Popolare di Mantova to Banca Popolare di Milano for a reported €32.49 million.

  M&A
  Source
• Branch transfers follow the creation of Banco BPM

  After Banca Popolare di Milano and Banco Popolare merged to create Banco BPM S.p.A., Banca Popolare di Milano branches were injected into Banca Popolare di Mantova so they could remain organized through a subsidiary structure.

  M&A
  Source

1. Banca Popolare di Mantova