Banco Popolare Siciliano is a brand used by Banco Popolare in Sicily.
History
Predecessors
Banco Popolare Group had presented in Sicily since 1990s due to merger and acquisitions. According to Banca d'Italia data on 30 September 1999, Banca Popolare di Lodi (BPL) had 118 branches on the island, accounted for 7.3% of the total number of branches on the island. It was the second-largest banking network on the island, behind Banco di Sicilia which had a 34% market share. The sum of second to sixth largest banks on the island, was still smaller than Banco di Sicilia.[2]
In 2006, a year before the formation of Banco Popolare, Banco Popolare di Verona e Novara had 17 branches on the island, as well as more than 100 branches of Banca Popolare Italiana (ex-BPL). In 2007, the merger of BPVN and BPI made Banco Popolare had 143 branches on the island, which was increased to 145 in the next year.