Assopopolari: Vito Primiceri is the new president
Primiceri, takes the place of the lawyer Corrado Sforza Fogliani who died last December.
Territorial banks: profitability and efficiency do not depend on size. The conference of Popolare di Sondrio
The conference "Development and the banking system", promoted by Banca Popolare di Sondrio, in collaboration with the business consultancy firm Vitale Zane & Co. - Onado was held in recent days: "The profitability and efficiency of banks does not depend…
Cooperative banks: international conference on banking cooperation
The appointment, promoted by Assopopolari, is for next March and will involve the network of cooperative banks and the local area with the presence of medium-small companies operating above all in Asia and Africa
Popolare Sondrio becomes a joint stock company: goodbye to the one-to-one vote
Even the last of the large popular banks complies with the Renzi reform and abandons the cooperative regime and voting by person (rather than by number of shares of each shareholder) and becomes a joint stock company and therefore contestable - A…
Civibank to Sparkasse: "Collaboration yes, takeover bid no"
The board of directors of the last Friulian bank has taken note of the offer proposed by Cassa di Risparmio di Bolzano but specifies that "the ongoing dialogue presupposed autonomy and independence of the two realities" - The fate of the takeover bid launched by Sparkasse on Civibank remains…
Assopopolari, banking cooperation in line with the UN target
From the analysis on the "Sustainable Development Goals" emerge the positive results of the activity of the Cooperative Banks with respect to the sustainable development objectives of the UN Agenda 2030
Assopopolari, cooperation at the heart of sustainability
The appointment is for Monday 8 November at 16 pm in Rome. The book by Giuseppe De Lucia Lumeno Secretary General of the National Association of Popular Banks was created with the aim of raising awareness and supporting credit institutions on the topic of…
Popular banks, cooperation for sustainability and the circular economy
"Cooperation as an alternative: sustainability, circular economy and beyond" is the title of the latest publication by Assopopolari on the role of local banks in the "sustainable revolution"
Popolare Sondrio must become a joint stock company and Unipol rises to 9%
Green light from the Council of State to the reform of cooperative banks which obliges Popolare di Sondrio to transform itself into a joint stock company - Unipol has already risen to 9% of the Valtellinese bank which could participate in the creation of the third large group…
Popular banks and their history in Europe in a new book
Assopopolari presents "The Popular Banks and the Association at the Universal Exposition of Paris" with the preface by Dominique Martinie. De Lucia Lumeno: "Banking cooperation represents the way forward to bring the economy out of the crisis"
Farewell popular: CiviBank becomes Spa and Benefit
The last co-operative bank in Friuli Venezia Giulia becomes a public limited company and benefit while maintaining its autonomy intact - The voluntary transformation was approved by the Assembly with 94% of the votes
Popular banks and SMEs together for financial education
"Cooperative banks, SMEs and financial education" is the title of the volume published by Assopopolari at the end of the month of financial education - Comment by the secretary general De Lucia Lumeno
Assopopolari presents new books on cooperative banks
The Association has published three new volumes on the history of popular credit in Europe - De Lucia Lumeno: "We express the international vocation and territorial roots of our businesses"
Banca Popolare Sondrio: is the spa approaching?
The continuous increases in the stock on the Stock Exchange and above all the solicitation of the Amber Fund to the Council of State on the transformation into a joint stock company of the last large Popolare that remained a cooperative suggest that the news for the Valtellina bank too is…
EU Court, Popolari: "Compatible reform, but thresholds to be assessed"
Assopopolari: "The Court is right, the 8 billion threshold restricts the movement of capital" - The Italian judiciary is responsible for assessing the ceiling on assets - Back to the Council of State
Loans, popular banks: 87% accepted above 25 thousand euros
Assopopolari announces that the institutions have given the green light to 65% of applications for 100% guaranteed loans under 25 thousand euros - De Lucia Lumeno: "Liquidity in quick and certain times"
Popular banks: loans and deposits grow in March
According to the latest Assopopolari surveys, despite the closures, both loans and deposits grew at a faster rate than the overall average of the banking system
Popular banks: loans and deposits ok in the first quarter
According to the latest data released by Assopopolari, NPLs fell by 20% between January and March, also thanks to continuous securitizations
Coronavirus, cooperative banks to the rescue of communities
The association of cooperative banks takes the field to help companies and households: the main tool is the suspension of payments.
Cooperative banks, EU: "The reform does not violate the rules"
This was supported by the advocate general of the EU Court in his conclusions on the procedure promoted by shareholders and consumers - "The threshold of 8 billion is justified to guarantee the stability of the system"
Banks, the closure of many branches relaunches the protection of Popolari
In recent years, the global banking system has undergone profound changes that make it necessary to rethink the banking model promoted up to now - A working paper from the Bank of Italy makes us meditate on the effects of branch closures
People's banks in the world: collected 9.700 billion
Assopopolari gives the numbers of world banking cooperation: 230 institutions, 524 million members, 820 million customers, 9.700 billion euros raised and 7.700 billion loans.
Assopopolari: "A crisis cannot overshadow what has been done for the South"
After the attacks on the Popolari due to what happened in Bari, Assopopolari counterattacks and publishes a report to demonstrate the support given to the South over the last 30 years
Popolare di Bari, the weight of the failed spa and the nostalgia of Casmez
The failure to transform it into a joint stock company exposed Popolare di Bari to all the pitfalls of the territory but the hypothesis of a public bank for the South would revive the glories and evils of the old Cassa del Mezzogiorno - An alternative in 3 points
Assopopolari: study on banking cooperation in Australia and New Zealand
A study on the situation of Banking Cooperation in Australia and New Zealand was published on Thursday 21 November, an in-depth analysis that continues the research activity promoted by Assopopolari
Cooperative banks, green light for the Collaboration Agreement
Luigi Luzzatti SCpA, opens the operational sites between the cooperative banks and the president Primiceri: "The Collaboration Agreement is a decisive step that ensures solid foundations for facing future challenges"
Popular banks: over 18 billion to SMEs in 2019
Since the beginning of the year, the sum disbursed by the cooperative banking system to Italian small and medium-sized enterprises has exceeded 18 billion and that allocated to new household mortgages has exceeded 10 billion
Bcc: Iccrea and Cassa Centrale, the agreement does not erase doubts
The agreement between the two cooperative credit holdings puts an end to the disputes that had disturbed the movement but does not erase the doubts about the reform and the risks for the management autonomy of the mutual banks
Assopopolari, this is how banking cooperation is going in South Korea
The series of studies by Assopopolari on popular credit banks in the world and in particular in Asia continues: in South Korea there are 1.300 popular banks and they serve 20 million customers
Banks and Fintechs, end of partnerships?
The British magazine "The Banker" argues that we are now at a turning point and that in the future the direct relationship between banks and big technology will be more important than their partnerships with fintech companies
Banking cooperation: this is how it works in China and Japan
A study by Assopopolari on banking cooperation in Asia, which has a long history and which has presented many innovations in recent years
Popular banks: growing deposits and loans
In the first quarter of 2019, volumes intermediated by cooperative banks increased, performing loans increased, new loans to SMEs and those relating to new mortgages
Local banks and fintechs: the opportunity for technological innovation
For the banking sector, fintech is a huge development opportunity but only if framed in the material reality of the economy and in the ethical dimension of work - Community banks are in the ideal condition to take up the challenge by adapting…
Popolari, extension of one year for the transformation into a spa
An amendment proposed by FdI and voted by all the parties apart from the Pd, has been approved by the Senate Finance Commission: Popolare Bari and Sondrio have one more year to complete the reform, until 31…
Popular banks: lower rates and more credit for SMEs
The counter-cyclical strategy of cooperative banks neutralizes the spread effect and makes it possible - even in times of economic stagnation - to support SMEs and households with rates below the system average and with the growth of loans to…
Popular: the Council of State refers the reform to the EU Court
The EU Court called to express itself on the legitimacy of the reform, Palazzo Spada however clarified that until the Luxembourg judges express their judgment, "the precautionary measures already granted remain unchanged". Satisfied with Assopopolari
Banks and territories, rethinking the growth model
The more than 100 million euros disbursed by cooperative banks in favor of local communities indicate that it is possible to abandon the paths of financialisation of the economy and create a different growth model that starts from the real economy and from the territories in…
People's banks: 2008 billion in loans to SMEs since 320
From 2008 to today, the stock of loans has risen by 30 billion and the flow of loans to SMEs has exceeded 320 billion - De Lucia Lumeno: "The rediscovery of traditional retail banking is a necessity for the economy"
Popular banks: loans to the Third Sector +3,7% in June
The figure is in contrast with that recorded by the banking system as a whole, which saw, on the contrary, a 6% reduction in loans to non-profit institutions
Popular banks: 200 billion credit to companies
Over half of the credit disbursed by cooperative banks goes to manufacturing areas with a prevalence of small and medium-sized companies, 10% to tourist areas and 5% to agricultural areas
Popular banks: +5% deposits in June
Overall, the deposits collected by cooperative banks amount to over 200 billion euro, of which about half concern household customers.
Popular banks: 40 billion to businesses and households in 2018
At the end of June, the credit disbursed by cooperative banks to businesses and households increased by 1,4% in trend terms - 15 billion in loans went to smaller businesses, 23 billion to the others and 7 billion to households for the new…
Popolari: Council of State postpones the deadline for transformation into a joint stock company
The suspension, which only affects Pop Sondrio and Pop Bari, will be valid until the sentence, which will be issued after the hearing on 18 October
Popular banks: Bari and Sondrio awaiting the Council of State
Banca Popolare di Sondrio and Banca Popolare di Bari are awaiting the decision of the Council of State to proceed with the transformation from cooperative banks to joint-stock companies - The Government is studying a moratorium
Popular banks: in 2018 9 billion to SMEs and 4 to families
Bank funding also increased, up by 2,5%, thanks above all to the deposit component, which increased by 4,3%, 0,4 percentage points above the national average - De Lucia Lumeno: " “It is confirmed for…
Popular banks and Bcc: Conte announces the revision
In the reply to Deputies for the vote of confidence, the premier announces the revision of the two banking reforms, long advocated by the Bank of Italy and implemented by the Renzi government and warns that the opportunity to distinguish the commercial banks is being evaluated…
Hi-Mtf Sim: 25% switch from Nexi to Popolari
The closing follows the approval of the transaction by the Bank of Italy which last April communicated its clearance to Luzzatti SpA, which brings together 17 cooperative banks
Cooperative banks, funding and loans growing in 2018
Collections and loans growing for cooperative banks in the first part of the year - De Lucia Lumeno (Assopopolari): "We are at the service of SMEs but the European rules are vexatious".
Popular banks, Consulta: the limits on repayments are set by the EU
The Constitutional Court filed today in the Chancellery a very important pronouncement in defense of the reform of cooperative banks in which it underlines that the rules on the repayments of shareholders who want to withdraw at the time of transformation into a joint stock company are dictated…
Territorial banks and corporate responsibility between the environment and the social emergency
Environmental reputation also pays off on the financial markets: the case of the Montreal Carbon Pledge makes you think - Social responsibility is not optional - The role of cooperative banks in the local area
Popular banks: the Consulta promotes the reform
Rejected the constitutionality issues raised by the Council of State on the reform of popular banks - Now for the two institutions that have not yet been transformed into joint-stock companies (Sondrio and Bari) a race against time is expected. I leap…
The Fed raises rates, the Consulta saves the reform of the Popolari
The first official meeting of the Federal Reserve led by the new president Jerome Powell led, as expected, to a first rise in interest rates - In Italy, the Consulta rejected the appeal of the members of Popolare di Sondrio: via…
Stock markets weak in the sign of the Fed, Facebook and the Consulta
Stock listings almost all in the red (Milan was saved in the end and gained 0,1%) awaiting the moves of Powell's Fed on rates but also the developments of the Facebook scandal and the verdict of the Italian Constitutional Court on…
The European Stock Exchanges absorb the Facebook scandal
Piazza Affari, in line with the main European price lists, is up slightly in the middle of the session - German confidence is better than expected - The euro and oil rise - A2a doing well awaiting the accounts, CNH Industrial weak after…
Stock market: the week starts uphill, but Italgas and Popolari advance
Disoriented markets awaiting the Fed and the foreseeable increase in US rates - Milan is not the worst, London falls - Calm scenario on bonds - Bper, Ubi and Creval go against the trend - Telecom Italia is weak.
Popular banks at the Consulta: Pop Bari and Sondrio waiting
Last hearing Tuesday 20 of the Constitutional Court on the legitimacy of the Renzi government's reform of cooperative banks - Banca Popolare di Bari and Banca Popolare di Sondrio and their 250 shareholders are waiting to know above all what…
Nexi: Banco Bpm and the other Popolari ready to sell
Currently 89% of Nexi's capital is in the hands of three funds conveyed by Mercury, while the remaining 11% is divided by bank shareholders with small shares - Negotiations underway for the sale of minority stakes with the aim…
Popular banks, signs of growth in 2017
Funding concentrated in the North West. Approximately 25% of loans went to consumer households, while 60% was absorbed by businesses. Popolare di Sondrio and Bari the two best local banks in 2017
Mifid 2 and Npl: a new cooperative bank company is born
The Banche Popolari gave life to Luigi Luzzatti spa, a company created specifically to address the problems and opportunities of the new European legislation and for the management of problem loans
Popular banks, widespread recovery in loans at the end of 2017
Approximately 25% of the loans went to consumer households, while 60% was absorbed by businesses, of which 40% were small-medium sized companies which represent the largest share of the reference customers of Credito Popolare.
Cooperative banks, the third sector and non-profits: 2,7 billion in loans (+30%)
Based on Assopopolari data, in 2017 the credit of cooperative banks to non-profit companies and the third sector amounted to 2,7 billion euro
Cooperative banks: 4 million households are "digital customers"
This is what emerges from the most up-to-date examination of the data processed by Assopopolari. In particular, in the last year the number of families using digital channels has grown by 6%.
Cooperative banks: loans to SMEs, mortgages and funding are growing
The first preliminary balances for 2017 confirm - says the General Secretary of Assopopolari, Giuseppe De Lucia Lumeno - the commitment of the cooperative banks in favor of the territories served
Local banks united for SMEs and families
Assopopolari, Acri and Pri.Banks have signed a permanent consultation agreement to strengthen local banks in support of households and small and medium-sized enterprises, with an eye to legislative and regulatory developments that often do not take into account the specificity…
Popular Banks: the birth of Luzzatti Spa
The Banche Popolari create a new company for the management of transactions relating to the acquisition of shareholdings in financial and banking companies and other activities of common interest.
Assopopolari: the presentation of Luzzatti's writings in Rome
Thursday afternoon at the Istituto Sturzo di Rona, Assopopolari presents the new historical-juridical series of the writings of Luigi Luzzatti, icon of popular banks, dedicated to the historic president of Popolare di Sondrio, Piero Melazzini, who died two years ago
Ethical and sustainability rating for companies: the Report of 20 EU experts
The first Report on financial sustainability, drawn up by 20 experts from the European Commission including the Italian Flavia Micilotta, recommends a paradigm shift in companies and a new corporate culture that knows how to "put sustainability at the heart of the financial system"…
Popular banks are not just an Italian story
In the first quarter of 2017, cooperative banks increased loans to SMEs and households more than the average for the banking system, but popular credit is not only available in Italy: worldwide there are 200…
Icbpi: profit exceeds 104 million
The new course led by Paolo Bertoluzzo, after the acquisition of the Advent International, Bain Capital and Clessidra funds, is starting to bear fruit - EBITDA also increased (+13,2%) and investments (+34,2%) %).
Ubi, Banco Bpm and Bper rewarded by the funds and today Avio makes its debut on the Stock Exchange
International tensions dominate the financial markets even if the Trump-Xi meeting opens glimmers of dialogue on trade - Rain of quarterly reports and shareholders' meetings in Easter week - Avio's debut in Piazza Affari - Mutual funds, above all…
Popular banks and Luzzatti's current events in Mattarella's memory
On the ninetieth anniversary of the death of Luigi Luzzatti, politician, economist and founder of the Association of Popular Banks, the President Sergio Mattarella wanted to recall the topicality of his thought and the many economic and social achievements
Popular banks, loans and deposits increase in 2017
In January, the popular banks increased loans and deposits compared to a year ago - Loans to small and medium-sized companies are also growing - De Lucia Lumeno's comment
Popular banks: loans and deposits are growing in the South
Puglia is the area where the action of Popolari in the economic fabric is most intense - The role of Popolare di Bari, the largest bank in the South, and that of Popolare di Puglia and Basilicata, Popolare Pugliese and Banca…
Popular banks and FCA make Piazza Affari the queen of Europe
With a rise of 0,65%, Piazza Affari was today the best stock exchange in Europe - The exploits of Banco Bpm, Ubi, Bper and FCA and Generali were decisive - Sales on Saipem, Telecom Italia, Mediaset and CNH - The…
Banks and insurance companies drag up the Stock Exchange: FtseMib regains 19 thousand quota
The cooperative banks, Generali and Unipol give life to Piazza Affari, which gains more than 1% in the middle of the day - The FtseMib returns above the psychological threshold of 19 thousand basis points - The other European lists also do well - Btp auction:…
The banks send Piazza Affari into the red and the spread rises
Piazza Affari is the only European stock market down due to the heavy losses of cooperative banks and Telecom Italia: Bper collapses (-7,8%) - Buzzi, Brembo and Azimut and Prysmian go against the trend - Gefran exploits (+11% ) - Still below…
Popular banks: loans to the non-profit and third sectors are growing
The loans of cooperative banks to non-profit companies and Third Sector associations reached 2016 billion in 2,8, recording a growth of more than 4%.
Mps sells business to ICBPI for 520 million
Banca Monte dei Paschi di Siena announces that it has reached a binding agreement with Istituto Centrale delle Banche Popolari Italiane SpA (“ICBPI”), a leading company in the management of payment services at a national and international level, for the sale of…
Popular banks: 95 million to the territories in 2016
ASSOPOPOLARI, SOCIAL REPORT - The resources were allocated to charity, interventions in the health, artistic, cultural and public utility fields
Banks, Visco: 20 billion public is enough but more speed on Npl and Popolari
Banks were at the center of the speech by the Governor of the Bank of Italy Ignazio Visco at the Assiom Forex congress in Modena - The Governor however also urged politics to guarantee stability and reforms to the country to accompany…
Popular banks: in 2016 shareholders +3,7%, customers +1%
Furthermore, according to Assopopolari surveys, new loans to smaller companies exceeded 30 billion euros in 2016 and new mortgages to households grew by more than 10% compared to 2015.
Cooperative banks: Bari and Sondrio, spa postponement at least until the 12th but refunds enigma
In the absence of government extensions for the obligations of the cooperative banks, for the time being the Popolare di Bari and Sondrio banks the indefinite postponement of the transformation into a joint-stock company, ordered by the Courts of Milan and Bari, is valid…
Stock market down, sales for Telecom and Popolari
Piazza Affari loses more than the other European lists and leaves 0,78% in the field - Ubi, Telecom Italia, Bpm and Finecobank are mainly paying for it - Mediaset also falls back - Saipem, Tenaris and Ferrari go against the trend.
Banks, Assopopolari: "The law on cooperatives loses momentum"
According to the president Corrado Sforza Fogliani "the judges only remove what a legislator thoughtful of the common good would not have done" on cooperative banks
Sparkling stock market, popular banks and Unicredit pull the sprint
The absence of obstacles to the merger between Bpm and Banco Popolare by the Council of State sends the securities of the two Popolari into orbit in Piazza Affari which becomes the pink jersey of the stock exchanges in Europe, also thanks to the boom…
Banks, Assopopolari: postpone the meetings for the spa
The president of Assopopolari, Corrado Sforza Fogliani, is asking the Treasury and the Bank of Italy for immediate action to postpone or suspend "for a suitable period of time the deadline for holding the imminent shareholders' meetings" for the transformation into a spa…
Popular, halt the spas: shock ruling by the Council of State
Surprise coup by the Council of State which suspended the implementing circular of the Bank of Italy as a precaution, blocking the transformation of cooperative banks into joint-stock companies - The parts of the circular which limit the repayment for…
Assopopolari: the future is in the collaborative economy
The global research GRACE16, in which Assopopolari participated as a member of the International Confederation of Popular Banks, reveals trends on the future of cooperative banks - For 86% of members, the collaborative economy represents the next stage in the evolution of…
Stock market: FCA, Mps and Popolari down. Spread in seesaw
The political uncertainties both for the US elections and for the constitutional referendum are negatively orienting the lists - European stock markets are down in the middle of the day while Piazza Affari continues below 17.000. Down all the Popular - Thump…
Oil and China overwhelm the Stock Exchange, but Fineco flies
The fall in oil prices, the Chinese Sos on exports and the uncertainties about the rise in American rates put the Stock Exchanges in crisis - Piazza Affari loses 1,3%: the collapse of the cooperative banks and of Unipol…
The banks bounce and drag the stock market up
The popular banks lead the rebound with progress between 3 and 6% which push Piazza Affari to a rise of 0,88%, among the highest of the trading day in Europe - Among the non-bank securities of the FtseMib…
Cooperative banks: Italy-Brazil meeting
Assopopolari receives a delegation from Sicredi, the Brazilian cooperative credit system, in Rome today for a comparison between the two banking cooperative movements - De Lucia Lumeno: It is evidence of interest in Italian banking cooperation"
Banks, on non-performing loans it is time for self-criticism and reforms
From relations with banking foundations to the distinction between commercial and investment banks, from special legislation for Popolari and Bcc to the transparency of information prospectuses: here are the points on which the State should intervene to correct market errors…
Banks are not evaluated only in terms of ratios
Technical indicators such as the Texas Ratio, based on the ratio between non-performing loans and assets, can be misleading in diagnosing the true state of health of a bank - Just as the EBA approach deriving from Basel 3 risks blocking…
Popular banks: more loans (+2%) and more deposits (+3%)
Loans and deposits of cooperative banks are growing - According to Assopopolari surveys, loans to customers rose by 2% in March, mainly driven by the leap in mortgages (+7%) - Deposits also grew (+3%) and in…
Assopopolari celebrates its 140th anniversary: conference in the Senate
The Association of Popular Banks (Assopopolari) turns 140 and celebrates its birthday with a conference in Rome on the figure of its founder Luigi Luzzatti and on the development of cooperation in Italy and in the world - Popular banks…