Banca Nuova
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"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 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.
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Native name | Banca Nuova S.p.A. | ||||||||||
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Company type | Subsidiary | ||||||||||
Industry | Financial services | ||||||||||
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Defunct | April 2018 | ||||||||||
Fate | absorbed by Intesa Sanpaolo | ||||||||||
Successor | branches of Intesa Sanpaolo | ||||||||||
Headquarters | Palermo , Italy | ||||||||||
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Key people | Gabriele Piccini (CEO)[2] | ||||||||||
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Website | www | ||||||||||
Footnotes / references source: 2016 Annual Report[3] and 2017 Half-yearly report[4] |
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