Cassa di Risparmio di Biella e Vercelli

BiverBanca
	BiverBanca logo
Native name	Cassa di Risparmio di Biella e Vercelli S.p.A.
Company type	subsidiary of a private company in S.p.A. legal form
Industry	Financial services
Predecessor	Cassa di Risparmio di Biella S.p.A.; Cassa di Risparmio di Vercelli S.p.A.
Founded	1856 (C.R. Biella); 1994 (BiverBanca);
Headquarters	15 Via Carso, Biella, Italy
Number of locations	121 (2015)
Area served	Piedmont Region; Region of Aosta Valley; Milan, Lombardy;
Key people	Aldo Pia (president); Massimo Mossino (general manager);
Services	Retail banking
Net income	€12,207,140 (2015)
Total assets	€3,682,489,673 (2015)
Total equity	€382,052,867 (2015)
Owner	Banca di Asti S.p.A. (60.42%); C.R. Biella Foundation (33.44%); C.R. Vercelli Foundation (6.14%);
Number of employees	642 (2015)
Parent	Banca di Asti S.p.A.
Capital ratio	18.38% (CET1, December 2015)
Website	www.biverbanca.it
	Footnotes / references; in separate financial statements

Cassa di Risparmio di Biella e Vercelli S.p.A. known as BiverBanca, is an Italian saving bank based in Biella, Piedmont. It was acquired by fellow Piedmontese bank Cassa di Risparmio di Asti from Banca Monte dei Paschi di Siena in 2012. BiverBanca had almost all the branches in Piedmont and Aosta Valley, especially in the area around Biella and Vercelli : 46 branches in the Province of Biella (11 alone in Biella) and 46 branches in the Province of Vercelli (8 alone in Vercelli), 10 in Turin and 6 in the Province Novara; 3 in the Province of Alessandria; 5 branches in Aosta Valley; 1 branch in the Province of Verbano-Cusio-Ossola, and lastly 1 branch in Milan, the financial hub of Italy.^[3]

The bank did not serve the Province of Asti, which was served by the parent company instead, as well as the Province of Cuneo, Piedmont.

Timeline

1994 Cassa di Risparmio di Biella merged with Cassa di Risparmio di Vercelli to form Cassa di Risparmio di Biella e Vercelli (BiverBanca) C.R. Vercelli Foundation held 26.2% stake and C.R. Biella Foundation held 73.8% stake^[4]^[5]
1997 Banca Commerciale Italiana acquired 55% shares from the banking foundations^[6]
1999 Became part of Banca Intesa Group
2007 Acquired by Banca Monte dei Paschi di Siena (BMPS) from Intesa Sanpaolo (55%) for about €399 million;^[7] C.R. Biella Foundation retained 33.22%^[8] and C.R. Vercelli Foundation 11.78% ^[9]
2008 Re-capitalization, BMPS held 59%, C.R. Biella Foundation held 35% and C.R. Vercelli Foundation held 6%^[10]^[11]
2010 Acquired branches from sister bank Banca Antonveneta; new ownership ratio changed to BMPS (60.42%), C.R. Biella Foundation 33.44% and C.R. Vercelli Foundation 6.14%.^[12]
2012 Acquired by Cassa di Risparmio di Asti from BMPS for about €205.5 million (for 60.42% stake)^[13]^[14]

References

^ "Azionisti". Archived from the original on 15 March 2016. Retrieved 3 February 2016.
^ "2015 Bilancio" (PDF) (in Italian). BiverBanca. 27 April 2016. Retrieved 21 September 2016.
^ page 21, 2015 bilancio (in Italian)
^ "Comit vicina a Biverbanca". La Stampa (in Italian). 30 June 1996. Retrieved 3 February 2016.
^ "CASSA DI RISPARMIO DI BIELLA E VERCELLI - S.p.a." Gazzetta Ufficiale (in Italian). 21 December 1994. Retrieved 16 February 2016.
^ "Bilancio Consolidato 1998" (PDF) (in Italian). Banca Commerciale Italiana. Retrieved 3 February 2016.^{[permanent dead link‍]}
^ "JOINT PRESS RELEASE SALE OF 55% OF BIVERBANCA FINALISED". Intesa Sanpaolo & Banca Monte dei Paschi di Siena. 20 December 2007. Retrieved 16 February 2016.
^ Biella Foundation ^{[dead link‍]}
^ 2007 Bilancio ^{[dead link‍]}
^ "Investor relations". www.gruppomps.it. Retrieved 19 August 2023.
^ "La nostra Storia". Archived from the original on 28 December 2014. Retrieved 3 February 2016.
^ "Investor relations" (PDF).
^ "Bilancio d'esercizio e Consolidato 2012" (PDF) (in Italian). Cassa di Risparmio di Asti. Archived from the original (PDF) on 16 September 2013. Retrieved 16 February 2016.
^ "Bilancio d'esercizio e Consolidato 2012" (PDF) (in Italian). Banca Monte dei Paschi di Siena. 29 April 2013. Retrieved 16 February 2016.

External links

Banca di Asti

This Italian bank or insurance-related article is a stub. You can help Wikipedia by expanding it.

[1] "Azionisti". Archived from the original on 15 March 2016. Retrieved 3 February 2016.

[2] "2015 Bilancio" (PDF) (in Italian). BiverBanca. 27 April 2016. Retrieved 21 September 2016.

[3] 21, 2015 bilancio (in Italian)

[4] "Comit vicina a Biverbanca". La Stampa (in Italian). 30 June 1996. Retrieved 3 February 2016.

[5] "CASSA DI RISPARMIO DI BIELLA E VERCELLI - S.p.a." Gazzetta Ufficiale (in Italian). 21 December 1994. Retrieved 16 February 2016.

[6] "Bilancio Consolidato 1998" (PDF) (in Italian). Banca Commerciale Italiana. Retrieved 3 February 2016.^{[permanent dead link‍]}

[7] "JOINT PRESS RELEASE SALE OF 55% OF BIVERBANCA FINALISED". Intesa Sanpaolo & Banca Monte dei Paschi di Siena. 20 December 2007. Retrieved 16 February 2016.

[8] Biella Foundation ^{[dead link‍]}

[9] 2007 Bilancio ^{[dead link‍]}

[10] "Investor relations". www.gruppomps.it. Retrieved 19 August 2023.

[11] "La nostra Storia". Archived from the original on 28 December 2014. Retrieved 3 February 2016.

[12] "Investor relations" (PDF).

[13] "Bilancio d'esercizio e Consolidato 2012" (PDF) (in Italian). Cassa di Risparmio di Asti. Archived from the original (PDF) on 16 September 2013. Retrieved 16 February 2016.

[14] "Bilancio d'esercizio e Consolidato 2012" (PDF) (in Italian). Banca Monte dei Paschi di Siena. 29 April 2013. Retrieved 16 February 2016.

[1]

[2]

[3]

[4]

[5]

[6]

[7]

[8]

[9]

[10]

[11]

[12]

[13]

[14]

v t e Banking in Italy
Central bank	Bank of Italy European Central Bank	Italy portal
Public banks	Cassa Depositi e Prestiti CDP Reti Poste Italiane BancoPosta Banca del Mezzogiorno – MedioCredito Centrale Istituto per il Credito Sportivo Banca Mediocredito del Friuli Venezia Giulia Investitionsbank Trentino Südtirol – Mediocredito Trentino Alto Adige Finaosta Fincalabra Finlombarda Finmolise Finpiemonte Fidi Toscana FIRA Gepafin IRFIS – FinSicilia Sviluppo Basilicata SFIRS Veneto Sviluppo FarBanca Banca Intermobiliare
Global banks (Supervised by ECB)	UniCredit buddybank Intesa Sanpaolo isybank Mooney Banca 5 Banca IMI Mediocredito Italiano Banca Apulia UBI Banca
Nationwide and multi-regional banks (Supervised by ECB)	Banco BPM Banca Aletti Banca Popolare di Milano Banca Monte dei Paschi di Siena MPS Capital Services Mediobanca Compass Banca Esperia BPER Banca Banco di Sardegna Banca di Sassari C.R. Bra C.R. Saluzzo Credito Emiliano Banca Popolare di Sondrio
Multi-regional (total assets €30b to €8b)	Banca Mediolanum Banca Sella Holding Banca Sella Banca Patrimoni Sella Banco di Desio e della Brianza Banca Popolare di Spoleto Banca di Asti Biverbanca Südtiroler Volksbank – Banca Popolare dell'Alto Adige Südtiroler Sparkasse – Cassa di Risparmio di Bolzano
Multi-regional and regional cooperative bank (Popolari banks)	Banca Agricola Popolare di Ragusa Banca Valsabbina Banca Popolare di Puglia e Basilicata Banca Popolare di Cividale Cassa di Sovvenzioni e Risparmio fra il Personale della Banca d'Italia Banca Popolare Pugliese Banca di Piacenza Banca di Credito Popolare Banca Popolare del Lazio Banca Popolare del Cassinate Banca Popolare Valconca Banca Popolare Etica Banca Popolare Sant'Angelo Sanfelice 1893 Banca Popolare Banca Popolare di Lajatico Banca Popolare di Fondi Banca Popolare del Frusinate
Co-operative banks (BCC) and central banks	Federcasse central banks Istituto Centrale delle Casse Rurali ed Artigiane Raiffeisen Landesbank Südtirol – Cassa Centrale Raiffeisen dell'Alto Adige Cassa Centrale Banca - Credito Cooperativo del Nord Est List of members of Federcasse Fondo di Garanzia dei Depositanti del Credito Cooperativo
Regional retail bank	Cassa di Risparmio di Ravenna Banco di Lucca e del Tirreno Banca di Imola Banca di Cambiano Cassa di Risparmio di Cento ChiantiBanca Cassa Padana Cassa di Risparmio di Volterra Cassa di Risparmio di Fossano Banca del Fucino Cassa di Risparmio di Fermo Banca del Piemonte Banca CR Savigliano Banco Azzoaglio
others	Banca Generali Banca IFIS Banca Finnat Banca Ubae Banca Leonardo Banca Farmafactoring FinecoBank Unione Fiduciaria Credito Fondiario Banca Passadore Banca Sistema Banca Profilo Mercury Nexi Setefi
Foreign banks	Allianz Allianz S.p.A. Barclays Banco Santander Bank of China Bank of Communications BNP Paribas Banca Nazionale del Lavoro China Construction Bank Crédit Agricole Crédit Agricole Italia Cariparma Carispezia FriulAdria Credito Valtellinese Crédit Agricole Corporate and Investment Bank FCA Bank Credit Suisse Deutsche Bank Deutsche Bank S.p.A. HSBC ING Bank Industrial and Commercial Bank of China Société Générale
Ancient banks	Bank of Saint George Banco di Santo Spirito Istituto Bancario San Paolo di Torino Medici Bank Mount of piety Faenza Foggia Parma Perugia Reggio Emilia Treviso Udine Verona Vicenza
Related topics	List of banks in Italy Associazione Bancaria Italiana Associazione di Fondazioni e di Casse di Risparmio S.p.A. Associazione Nazionale fra le Banche Popolari Fondo Interbancario di Tutela dei Depositi Italian National Resolution Fund

Timeline

See also

References

External links