Quando Veneto Banca è diventata Intesa Sanpaolo?

Quando Veneto Banca è diventata Intesa Sanpaolo?

Quando Veneto Banca è diventata Intesa Sanpaolo?

Per effetto dell'atto di cessione d'azienda stipulato nella notte fra il 25 e il 26 giugno 2017, le centinaia di filiali della banca sono state acquisite da Intesa Sanpaolo al prezzo complessivo di 50 centesimi di euro; molte filiali sono poi state chiuse a partire da dicembre 2017.

Is Intesa Sanpaolo taking over Veneto Banca?

  • Italian group Intesa Sanpaolo has completed the takeover of competitor Veneto Banca’s operations in Romania, including its network of 19 branches. These have been transferred to the newly-established Intesa Sanpaolo SPA, Bucharest branch.

What is the status of Intesa Sanpaolo in Romania?

  • The Intesa Sanpaolo group is now present in Romania with two entities, namely Intesa Sanpaolo Bank Romania SA, with 30 units, and Intesa Sanpaolo SPA Torino Bucharest Branch, with 19 units. Intesa Sanpaolo ranked 17th in the local banking system at the end of last year, with assets of RON 4.1 billion (EUR 885 million) and a market share of 1.04%.

Why did Intesa Sanpaolo decide to intervene in the case?

  • The intervention of Intesa Sanpaolo makes it possible to avoid the serious social consequences that would have otherwise derived from compulsory administrative liquidation proceedings for the two banks.

How much will Intesa Sanpaolo allocate as restitution to small savers?

  • However, Intesa Sanpaolo will allocate €60 million in total as restitution to small savers who hold subordinated bonds issued by the two banks, which includes an amount as its own intervention in addition to its expected pro-rata contribution to the fund supplied by the banking system.

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