Banca Popolare di Lanciano e Sulmona

Banca Popolare di Lanciano e Sulmona
Native name
Banca Popolare di Lanciano e Sulmona S.p.A.
FormerlyBanca Popolare di Lanciano e Sulmona S.c.r.l.
Company typesubsidiary of a listed company
Predecessor
Founded
  • 2 December 1962 (1962-12-02)
  • 13 April 1991 (1991-04-13) (BLS)
Defunct2013
Fateabsorbed by BPER
Headquarters76 Viale Cappuccini,
Lanciano
,
Italy
Owner
ParentBanca Popolare dell'Emilia Romagna
WebsiteOfficial website

Banca Popolare di Lanciano e Sulmona S.p.A., known as BLS, was an Italian cooperative bank based in Lanciano, in Province of Chieti, in Abruzzo region. It was absorbed into Banca Popolare dell'Emilia Romagna in 2013.

History

Banca Popolare di Lanciano

Banca Popolare di Lanciano was incorporated on 2 December 1962.[1]

Banca Popolare di Lanciano e Sulmona

On 13 April 1991 it was merged with Banca Agricola Industriale di Sulmona to form Banca Popolare di Lanciano e Sulmona società cooperativa a responsabilità limitata (BLS s.c.r.l.).[1]

As a subsidiary of BPER

In 1995 the bank was transformed from a limited partnership (s.c.r.l.) to a limited company (Italian: società per azioni), and the controlling interests were acquired by Banca Popolare dell'Emilia Romagna (BPER). BLS absorbed Banca di Credito Cooperativo di Villamagna in 1996, Banca di Credito Cooperativo di Avezzano and Banca di Credito Cooperativo di Castel Frentano in 2000.[1]

Finbanche d'Abruzzo also became a sub-holding company of the bank in 2000 (for 48.142% shares); the sub-holding was a joint-venture of BPER (51.878%), La Fondiaria Assicurazioni (15.4%) and Fondazione Cassa di Risparmio della Provincia dell'Aquila (Fondazione Carispaq, 32.72%).[2] BPER owned 2.185% shares of BLS directly as at 31 December 2000. Finbanche d'Abruzzo also owned 82.5% shares of Cassa di Risparmio della Provincia dell'Aquila (Carispaq).[3][4] In 2005 BPER owned 100% shares of the sub-holding. In 2008 Finbanche d'Abruzzo was absorbed into BPER, which BPER owned 54.022% shares of BLS directly as at 31 December 2008.[5]

As at 31 December 2012 BPER owned 91% shares of the bank, with Fondazione Pescara Abruzzo owned 1%[6] and the rest owned by other shareholders. The bank had a Tier 1 capital ratio of 17.38%, and a shareholders' equity of €320 million.[7] In mid-2013 BPER acquired all the shares of BLS, and was absorbed into BPER.

References

  1. ^ a b c "La Storia" [The Story] (in Italian). Banca Popolare di Lanciano e Sulmona. Archived from the original on 7 May 2006. Retrieved 8 March 2016.
  2. ^ "2001 bilancio" (PDF). Fondazione Cassa di Risparmio della Provincia dell'Aquila (Fondazione Carispaq) (in Italian). ARCI archive. 8 March 2004 [First published 2002]. Retrieved 8 March 2016.
  3. ^ "2000 bilancio individuale" (PDF) (in Italian). Banca Popolare dell'Emilia Romagna (BPER). 7 May 2001. Retrieved 8 March 2016.
  4. ^ "2000 bilancio consolidato" (PDF) (in Italian). BPER. 7 May 2001. Retrieved 8 March 2016.
  5. ^ "2008 Bilancio individuale" (in Italian). BPER. 20 May 2009. Retrieved 8 March 2016.[permanent dead link‍]
  6. ^ "2012 Bilancio" (PDF) (in Italian). Fondazione Pescara Abruzzo. 2 May 2013. Retrieved 8 March 2016.
  7. ^ "2012 Bilancio" (PDF) (in Italian). BPER. 23 April 2013. Archived from the original (PDF) on 12 October 2013. Retrieved 8 March 2016.

See also