Banca Italease
Native name | Banca Italease S.p.A. |
---|---|
Formerly | Banca Centrale per il Leasing delle Banche Popolari |
Company type | subsidiary of a listed company |
Industry | Financial services |
Defunct | 2015 |
Fate | absorbed by the parent company |
Successor | leasing division of Banco Popolare |
Services | leasing and factoring |
(€221.189 million) (2014) | |
Total assets | €7.378 billion (2014) |
Total equity | €893.582 million (2014) |
Owner | Banco Popolare |
Parent | Banco Popolare |
Subsidiaries | Release S.p.A. |
Capital ratio | 23.29% (CET1) |
Website | Official website (in Italian) |
Footnotes / references in consolidated basis[1] |
Banca Italease S.p.A. was an Italian finance leasing company, based in Milan. The company formed two subsidiaries Alba Leasing (a company serves SMEs) and a "bad bank" (Release S.p.A.) in 2009. The shares of Alba Leasing were distributed to the former shareholders of Banca Italease, with Banca Italease and Release S.p.A. became the subsidiary of Banco Popolare instead. Banca Italease was absorbed into Banco Popolare in 2015 as its leasing division.
History
The company was known as Banca Centrale per il Leasing delle Banche Popolari S.p.A., which was a joint venture of the People's Banks (Template:Lang-it) of Italy.
In 1996 the company absorbed Istituto Triveneto del Leasing.[2]
As at 31 December 2000 the owner were Banca Popolare di Novara (25.52%), Banca Popolare di Bergamo – Credito Varesino (15.37153%), Banca Popolare di Verona – Banco S. Geminiano e S. Prospero (11.314%), Banca Monte dei Paschi di Siena (BMPS) (6.011%),[3] Banca Popolare di Lodi (3.9708%),[4] Banca Popolare di Sondrio (BPSO) (3.558%),[5] Veneto Banca (1%),[6] Banca Popolare dell'Emilia Romagna (BPER) (0.350%), Banca di Cividale (0.033%), Banca Popolare Pugliese[7] and others. The company was a listed company in Borsa Italiana, which Reale Mutua Assicurazioni (6.988%), BMPS (3.344%), Cassa di Risparmio di Biella e Vercelli (0.001%), BPER (7.430%), BPSO (4.252%) and Banco Popolare Group (30.719%) were the owners on 30 June 2009 with more than 2% stake.
The company became part of Banco Popolare Group since second half of 2009, for 91.225% stake. (in 2002 BPVN owned 38.16% stake, in 2007 Banco Popolare and subsidiaries owned 30.719% stake combined). Alba Leasing, a subsidiary of Italease that formed in 2009, was owned by two former owner of Italease: BPER (36.43%), BPSO (20.95%) and Banca Popolare di Milano (BPM) (9.83%) instead. Banca Italease retained 32.79% stake.[8]
Banca Italease was the sub-holding company of Factorit, Itaca Service, Italease Gestione Beni, Italease Network, Mercantile Leasing, Italease Finance (70%), Release S.p.A. (80.392%) at that time.[8]
On 29 July 2010 Factorit was acquired by BPSO (60.5%) and BPM (30%) also for €155.3 million, with the remaining 9.5% stake was retained by Italease . Banco Popolare Group owned 100% stake of Banca Italease at 31 December 2010.
In 2011 Itaca Service and Italease Gestione Beni were sold to Accenture and Cerved Information Solutions respectively; Mercantile Leasing was absorbed by Banca Italease.
See also
References
- ^ "2014 Biancio" [2014 Annual Report] (in Italian). Banca Italease. 2015. Retrieved 23 April 2016.
- ^ Banca Italease / Istituto Triveneto del Leasing (15 July 1996). "Estratto dell'atto di fusione" (in Italian). Italian Republic Official Gazette. Retrieved 23 April 2016.
- ^ "2000 Bilancio Consolidato" [2000 Consolidated Annual Report] (PDF). Banca Monte dei Paschi di Siena (Banca MPS) (in Italian). Borsa Italiana archive. 30 March 2001. Retrieved 23 February 2016.
- ^ "2000 Bilancio" [2000 Annual Report]. Banca Popolare di Lodi (in Italian). Banco Popolare archive. 2001. Retrieved 23 April 2016.
- ^ "2000 Resoconto" [2000 Annual Report] (in Italian). Banca Popolare di Sondrio. 2001. Retrieved 23 April 2016.
- ^ "2000 Bilancio" [2000 Annual Report] (in Italian). Veneto Banca. 18 May 2001. Retrieved 23 April 2016.
- ^ "2001 Bilancio" [2001 Annual Report] (PDF) (in Italian). Banca Popolare Pugliese. 2002. Retrieved 23 April 2016.
- ^ a b "2009 Relazione Finanziari" [2009 Annual Report] (in Italian). Banco Popolare. 2010. Retrieved 23 April 2016.
External links
- Official website (in Italian)