Banca Popolare di Mantova
# Banca Popolare di Mantova

Banca Popolare di Mantova S.p.A. was an Italian cooperative bank based in Mantua, Lombardy. Including the headquarters, the bank operated at 17 locations.

## History

The company was relocated from Pescopagano, Basilicata (as Banca Operaia di Pescopagano) to Mantua in 2000, which the branches of the original bank were acquired by Banca Bipielle Centrosud, a subsidiary of Banca Popolare di Lodi (BPL Group). In 2001 the bank increased to have 4 branches. The year BPL owned 57.41% shares directly. In 2002 Bipielle Retail became the sub-holding company for 56.35%, as well as one more branch was opened. In 2003 Reti Bancarie absorbed Bipielle Retail to become another sub-holding company. In 2004 BPL further disinvested the company to 52.32%, despite 2 more branches being opened. In 2005 BP Mantova had 8 branches. In 2006 Reti Bancarie was absorbed into BPL, which hold 55.01% shares of BP Mantova. In 2007 due to the merger of Banco Popolare di Verona e Novara and BPL, Banco Popolare S.C. became the new holding company of the bank. However, due to the branch network overlapped with Banca Popolare di Verona – S.Geminiano e S.Prospero, Banco Popolare sold 56.99% shares of BP Mantova to Banca Popolare di Milano for €32.49 million in 2008.

In 2009, BPM held 57.05% shares, with Omniaholding S.p.A. as the second largest shareholders of 13.8979%, which was the holding company for the Roberto Colaninno family.

Follow the merger of parent company Banca Popolare di Milano S.c. a r.l. with Banco Popolare S.C. to form Banco BPM S.p.A., the branches of Banca Popolare di Milano were injected to Banca Popolare di Mantova in order to keep the branches as a subsidiary (as Banca Popolare di Milano S.p.A.) instead of division.

