Double promotion of the reform of cooperative banks desired by the Renzi reform at the Assiom-Forex congress. The first to transform the bank into joint stock and to abolish the per capita vote (“one head, one vote”) in the ten largest Italian cooperative banks came from the Governor of the Bank of Italy, Ignazio Visco, who clearly maintained that the reform coincides with the need for reform repeatedly expressed by the institute of Via Nazionale.
But another yes, no less relevant, to the Renzi reform came from one of the most authoritative Italian bankers such as the president of the Supervisory Board of Intesa Sanpaolo, Giovanni Bazoli, notoriously close to the Catholic world and also to cooperative banks. After reiterating his appreciation of the reform of the large cooperatives, Bazoli said that maintaining the "per capita vote is incompatible with listing on the stock exchange".
In turn, the managing director of the Bpm, Giuseppe Castagna, stated that "the consolidation process is near but it will take place between cooperative banks before they turn into joint stock companies".
