137 years of life
The Banca Popolare of Montebelluna was founded in 1877.
In 1997 the bank undertook a route that led it to change its name to Veneto Banca and to become a key player on the Italian banking scene. It opened numerous branches, adding some product companies, a financial services network and online services Clarisbanca (family) and Impresa Web (business).
Innovation and independence are the main values of the Group's Mission, in order to become a leader in its local communities, and to be able to provide quality services, to create value over time for shareholders, clients and employees, always based on a strong sense of ethics and responsibility.
In 2000 the Veneto Banca Group started out on a major expansion programme: it took control of Banca di Bergamo, Banca Popolare di Monza e Brianza and Banca Popolare di Intra (operating in the Lombardy and Piedmont regions); it created Banca Meridiana (active in the Puglia and Basilicata regions). It extended its interests in Eastern Europe, acquiring Banca Italo Romena, in Romania; Eximbank, in Moldova; Gorspodarsko Kreditna Banka, in Croatia, later renamed Veneto Banka d. d. and lastly Banca Italiana di Sviluppo, in Albania, renamed Veneto Banka sh.a.
It made numerous corporate equity investments. Among the most important: in Co.fi.to. – Compagnia Finanziaria Torinese, holding of BIM – Banca Intermobiliare Group, with which it launched a private banking and wealth management partnership; in the merchant bank Palladio Finanziaria; in Sintesi 2000, specialised in business internationalisation consulting, headquartered in Milan with offices in Hong Kong and Shanghai.
In 2010 the Group completed two new acquisitions: Carifac - Cassa di Risparmio di Fabriano e Cupramontana, operating in the Marches and Umbria regions and in Rome; Banca Apulia, with branches in Puglia, Basilicata, Campania, Molise, Abruzzo, Marche and Rome, incorporating Banca Meridiana.
Feeling the need for major reorganisation, the Group restructured itself in Italy into three hubs: in the north, parent company Veneto Banca, comprising Banca di Bergamo, Banca Popolare di Monza e Brianza and Banca Popolare di Intra; Carifac in central Italy; Banca Apulia in the south.
Also in 2010, Veneto Banca signed an agreement with Co.fi.to, leading to further expansion of its distribution network through acquisition of control of the branches of Banca Intermobiliare d'Investimenti e Gestioni S.p.A. (BIM) and of Banca Ipibi Financial Advisory S.p.A. This operation underlined the robustness and dynamism of the Group at a time when the Italian economy was anything but positive.
In 2011 the arrangements agreed to the previous year were finalised with shareholders of subsidiary, Co.fi.to, moving towards its merger through acquisition into Veneto Banca and so to the entry of Banca Intermobiliare d'Investimenti e Gestioni S.p.A. (BIM) into Veneto Banca Group.
From 1877 to today
|ANNO ||DESCRIZIONE |
|1877 ||The Banca Popolare of Montebelluna was founded. |
|The institution merged with Banca del Mandamento di Asolo, creating Banca Popolare di Asolo e Montebelluna. |
|2000 ||After acquiring Banca di Credito Cooperativo del Piave e del Livenza, the bank changed its name to Veneto Banca. |
It acquired Banca Italo Romena.
|2001 ||It acquired a majority interest in Banca di Bergamo. |
|2002 ||It created Banca Meridiana by acquiring some branch offices of the former Banca Mediterranea in Puglia and Basilicata. |
|2005 ||It created the product company Italo Romena Leasing. |
It acquired a majority interest in Banca del Garda.
|2006 ||It acquired B.C. Eximbank (Moldova). |
It acquired Gospodarsko Kreditna Banka (Croatia), now Veneto Banka Croatia.
|2007 ||It acquired Banca Popolare di Intra and its subsidiaries Banca Popolare di Monza e Brianza and Intra Private Bank. |
Banca del Garda became part of the Veneto Banca commercial network.
|2008 ||Veneto Banca became Veneto Banca Holding. |
It acquired Banca Italiana di Sviluppo (Albania), now Veneto Banka Albania.
Agreement for progressive integration of Cassa di Risparmio di Fabriano e Cupramontana.
|2009 ||Agreement with Banca Apulia to create a banking hub in southern Italy, merging by acquisition Banca Meridiana into Banca Apulia, then merging the new Banca Apulia into Veneto Banca Group. |
Banca di Bergamo and Banca Popolare di Monza e Brianza were absorbed into the Banca Popolare di Intra commercial network.
|2010 ||In April 2010 Veneto Banca Holding disclosed the launch of a take-over bid to acquire the majority share, within the year, of subsidiary Co.fi.to. - holding of Gruppo Banca Intermobiliare (BIM). |
November 2010 Merger by acquisition of Veneto Banca S.p.A. and Banca Popolare di Intra S.p.A. into Veneto Banca Holding s.c.p.a. This structural reorganisation brought the branches of Banca Popolare di Intra S.p.A. and Veneto Banca S.p.A. under the single name of Veneto Banca Holding s.c.p.a. The commercial network was reorganised into three Area Head Offices: Northeast Area Head Office headquartered in Montebelluna, Centre-North headquartered in Verona and Northwest headquartered in Verbania Intra.
|2011 ||The corporate name of the parent company changed from "Veneto Banca Holding s.c.p.a." to "Veneto Banca s.c.p.a.". |
The merger of Co.fi.to. into Veneto Banca was completed and the bank consequently acquired control of Banca Intermobiliare.