Banca Popolare di Spoleto S.p.A. is an Italian bank based in Spoleto, Umbria region. It was a subsidiary of Banco di Desio e della Brianza.
History
Banca Cooperativa Popolare in Spoleto Soc. Coop. was found on 28 April 1895 by Professor Giulio Cesari, as well as other funder.
In 1992 the cooperative society spin off their bank activity to form a "company limited by shares" (società per azioni): Banca Popolare di Spoleto S.p.A.; the controlling interests was acquired by Credito Italiano (50.71% in 1998), and the original cooperative society was renamed to "Popolare Spoleto - Credito e Servizi".[3]
The Sp.A. was listed in the Borsa Italiana in 1996. Credito Italiano sold the bank in mid-1998.[4] As at 31 December 1998 Spoleto Credito e Servizi was the major shareholders of 53.110%, followed by Banca Monte dei Paschi di Siena (Banca MPS) (and its subsidiary