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Link to original content: http://en.wikipedia.org/wiki/Südtiroler_Sparkasse_–_Cassa_di_Risparmio_di_Bolzano
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Südtiroler Sparkasse – Cassa di Risparmio di Bolzano

From Wikipedia, the free encyclopedia
Sparkasse – Cassa di Risparmio
Native name
  • Südtiroler Sparkasse
  • Cassa di Risparmio di Bolzano
Company type
IndustryFinancial services
Founded1854
Headquarters
Bolzano
,
Italy
Number of locations
106 branches (2018)
Area served
  • South Tyrol
  • Trentino, Lombardy, Veneto & Friuli
  • & Germany (Munich)
Servicesretail and corporate banking
Decrease (€0029 million) (2016)
Total assetsIncrease €8.429 billion (2016)
Total equityDecrease0730 million (2016)
OwnerStiftung Südtiroler Sparkasse (66.02%)
Capital ratio11.02% (CET1)
Website[1]
Footnotes / references
in consolidated financial statement[1]

The Savings Bank of the Province of Bolzano / South Tyrol (German: Südtiroler Sparkasse A.G., Italian: Cassa di Risparmio di Bolzano S.p.A.) is an Italian savings bank based in Bolzano, the capital of South Tyrol autonomous region.

Due to Italian banking reform, the bank was separate into a S.p.A. and a banking foundation (Stiftung Südtiroler Sparkasse – Fondazione Cassa di Risparmio di Bolzano) in 1992.[2]

Banca Popolare di Lodi (BPL) was a minority shareholders of the bank, which Reti Bancarie acted as a sub-holding company for 19.99%. In 2006 Reti Bancarie was absorbed into BPL, as well as the bank sold 10% back to the banking foundation of the savings bank.[3] On 20 December 2007 the remaining 9.99% was sold by Banco Popolare to the foundation.

As at 31 December 2014 the banking foundation owned 66.02% stake of the bank; among other investors, Banca Popolare di Puglia e Basilicata owned 0.07% stake.[4] In 2020 Sparkasse continues the decrease in risks expressed by the net Npl ratio indicator which reaches the level of 1.8% compared to 2.3% in 2019.[5]

References

[edit]
  1. ^ "2016 Bilancio" [2016 Annual Report] (PDF) (in Italian). Sparkasse – Cassa di Risparmio. 31 March 2017. Retrieved 10 April 2017.
  2. ^ "Approvazione del progetto di ristrutturazione presentato dalla Cassa di risparmio della provincia di Bolzano" (in Italian). Italian Republic Official Journal. 6 August 1992. Retrieved 23 September 2016.
  3. ^ "Raggiunto l'accordo per la cessione alla Fondazione Cassa di Risparmio di Bolzano di 360.000 azioni della Cassa di risparmio di Bolzano, pari al 10% del capitale sociale" (in Italian). Banca Popolare di Lodi. 2 October 2006. Archived from the original on 17 October 2006.
  4. ^ "2014 Bilancio" (PDF) (in Italian). Banca Popolare di Puglia e Basilicata. 26 March 2015. Retrieved 5 April 2016.
  5. ^ WPSK (2021-03-12). "Approvazione progetto di bilancio 2020 e determinazione della proposta di distribuzione del dividendo". Sparkasse (in Italian). Retrieved 2022-06-07.

See also

[edit]