Banca Nuova

"Banca del Popolo" redirects here. For other banks, see Banca del Popolo (disambiguation).
For Nuova Banca and other "Banca Nuova", see Nuova Banca (disambiguation).
Banca Nuova
Native name
Banca Nuova S.p.A.
Company typeSubsidiary
IndustryFinancial services
Predecessor
  • [old] Banca Nuova (branches and name only)
  • Banca del Popolo – Banca Popolare (the legal person and branches)
Founded
1883 in Trapani(Banca del Popolo)
2000 in Treviso(Banca Nuova)
2002 in Palermo(merger)[1]
2010–11(re-incorporation)
Founder
Giuseppe D'Alì [it](co-founder in 1883)
Banca Popolare di Vicenza(2002 merger)
DefunctApril 2018
Fateabsorbed by Intesa Sanpaolo
Successorbranches of Intesa Sanpaolo
Headquarters
Palermo
,
Italy
Number of locations
Decrease 81 branches(Dec.2016)
Steady 81 branches(Jun.2017)
Area served
  • Sicily region
  • Calabria region
  • Rieti, Lazio (former)
Key people
Gabriele Piccini (CEO)[2]
Increase negative €47 million(2016FY)
Increase negative €14 million(20171H)
Total assets
Steady €4.148 billion(Dec.2016)
Decrease €3.943 billion(Jun.2017)
Total equity
Increase €0160 million(Dec.2016)
Increase €0196 million(Jun.2017)
Owner
Number of employees
Decrease 696(Dec.2016)
Decrease 670(Jun.2017)
Capital ratio
Increase 6.97%(CET1, Dec.2016)
Decrease 5.38%(CET1, Jun.2017)
Websitewww.bancanuova.it
Footnotes / references
source: 2016 Annual Report[3] and 2017 Half-yearly report[4]

Banca Nuova S.p.A. was an Italian bank headquartered in Palermo, Sicily island. The bank served the island (the region) mostly, with branches in the Calabria region; It was a subsidiary of Banca Popolare di Vicenza (BPVi), in turn owned by Atlante, a banking sector owned bail-out fund from 2016 to mid-2017. In June 2017 the bank was acquired by Intesa Sanpaolo by another government-funded bail-out, and a plan to absorb the bank was announced in October 2017.

  1. ^ "La storia" [The story] (in Italian). Banca Popolare di Vicenza. Retrieved 28 October 2017.
  2. ^ "Revisione della struttura organizzativa di Banca Nuova" (PDF) (Press release) (in Italian). Banca Popolare di Vicenza. 14 June 2017. Retrieved 28 October 2017.
  3. ^ "2016 Bilancio di Esercizio" [2016 Annual Report] (PDF) (in Italian). Banca Nuova. 2017. Archived from the original (PDF) on 28 October 2017. Retrieved 28 October 2017.
  4. ^ "BILANCIO INTERMEDIO AL 30 GIUGNO 2017" (PDF) (in Italian). Intesa Sanpaolo. 2017. Retrieved 28 October 2017.