Banca di Legnano

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Banca di Legnano
Native name
Banca di Legnano
Founded1887
Defunct2013
Headquarters
Legnano
,
Italy
OwnerBanca Popolare di Milano (100%)
ParentBanca Popolare di Milano

Banca di Legnano was an Italian bank based in Legnano, Lombardy. The bank was absorbed into the parent company Banca Popolare di Milano in 2013.

History[edit]

Banca di Legnano was a subsidiary of Banca Commerciale Italiana (BCI) for 55% shares. In 1999, BCI merged with Banca Intesa to form the Intesa–BCI group. On 1 January 2001 Banca Popolare di Milano (BPM) acquired all 55% shares from Intesa, for 1,300 billion lire.[1] It also triggered a public offer to buy the remain shares. In 2002 BPM owned 100% shares of Banca di Legnano.[2] In 2007, BPM was the owner of the bank for 93.51% shares, with the rest owned by Crédit Industriel et Commercial (CIC) for 6.49%, which was acquired in 2004.[3] In 2011 BPM acquired the remaining 6.49% shares for €100 million.[4]

In 2012 Cassa di Risparmio di Alessandria was absorbed into Banca di Legnano.[5] In the next year Banca di Legnano was absorbed into BPM on 14 September.[6] On 31 December 2012 the bank had a shareholders equity of €960 million.[5]

Sponsorship[edit]

The bank was a sponsor of Coppa Bernocchi.

References[edit]

  1. ^ "Bilancio Consolidato 2000" (PDF). Banca Popolare di Milano (in Italian). Borsa Italiana archive. 17 April 2001. Retrieved 14 February 2016.
  2. ^ "Relazioni e Bilancio dell'Esercizio 2002". Banca Popolare di Milano (in Italian). Borsa Italiana archive. 26 March 2003. Retrieved 14 February 2016.
  3. ^ "Bilancio d'esercizio 2007" (PDF) (in Italian). Banca Popolare di Milano. 14 May 2008. Retrieved 14 February 2016.
  4. ^ "Bilancio d'esercizio 2011" (PDF) (in Italian). Banca Popolare di Milano. 11 April 2012. Retrieved 14 February 2016.
  5. ^ a b "Bilancio consolidato 2012" (PDF) (in Italian). Banca Popolare di Milano. 28 May 2013. Retrieved 14 February 2016.
  6. ^ "Bilancio consolidato 2013" (PDF) (in Italian). Banca Popolare di Milano. 24 April 2014. Archived from the original (PDF) on 30 December 2017. Retrieved 14 February 2016.

External links[edit]