Banco di Napoli
Banco di Napoli S.p.A., sometimes called in English Bank of Naples, is an Italian bank.
Following the acquisition of the bank at the end of 2002 by the Sanpaolo IMI group, in 2003 the bank changed its name to "Sanpaolo Banco di Napoli". The operation was carried out in two distinct phases:
- At the end of 2002 there was the merger by incorporation of Banco di Napoli SpA, Sanpaolo IMI SpA ', resulting in the termination of the first.
- It was later incorporated as "Sanpaolo Banco di Napoli SpA", which with effect from 1 July 2003 took over the whole business of the old Banco di Napoli.
With the merger in December 2006 of Banca Intesa and Sanpaolo IMI, the bank has now become part of the group Intesa Sanpaolo and has resumed its former name of Banco di Napoli SpA
The present structure
The integration of Banco di Napoli into the group Sanpaolo IMI led to its geographical operating area being reduced: all branches in northern and central Europe, which would have overlapped with the existing structure of the parent company, were closed or moved. However, at the same time the southern branches of Sanpaolo IMI were transferred into the newly-renamed Sanpaolo Banco di Napoli.
In the Italian regions of Abruzzo, Molise, and Lazio, which were areas where the Banco di Napoli was historically less strong because before the Italian unification they had not been part of the Kingdom of the Two Sicilies, here at first after the take-over the branches of the bank were incorporated into the Sanpaolo; but later in Abruzzo and Molise it was decided to incorporate them into the Banca dell'Adriatico.
At present, therefore, the Banco di Napoli operates only in Campania, Apulia, Basilicata, and Calabria, with the exception of one branch at the Palazzo Montecitorio in Rome. The bank's network still includes some 687 branches, and it has approximately 5,750 employees.
Presidents of the bank
- Luigi Coccioli (1983-1993)
- Ferdinando Ventriglia (1993-1994)
- Carlo Pace (1995-1996)
- Giuseppe Falcone (1996-2000)
- Federico Pepe (2000-2002)
- Alfonso Iozzo (2003-2006)
- Vincenzo Pontolillo (2006-2008)
- Enzo Giustino (2009-2012)
- Maurizio Barracco (2012-)
See also
Notes
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