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Banco di Napoli

Banco di Napoli
Subsidiary of a listed company
Industry Financial services
Founded 1539
Headquarters 177 via Toledo, Naples, Italy
Products Retail banking
Increase €146,050,903 (2015)
Total assets Increase €27,916,746,997 (2015)
Total equity Decrease €1,687,167,989 (2015)
Owner Intesa Sanpaolo (100%)
Parent Intesa Sanpaolo
Capital ratio 16.89% (CET1)
Website bancodinapoli.it (in Italian)
Footnotes / references
source

Banco di Napoli S.p.A. , sometimes called in English Bank of Naples, is a subsidiary of the Italian banking group Intesa Sanpaolo. It was established in 1861 and operated as an independent bank under name Banco di Napoli until 2003.

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:

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 Banco of Naples is one of the most important and oldest historic Italian banks, as its origins date back to the so-called public benches of charitable institutions, which arose in Naples between the sixteenth and seventeenth centuries, especially at a pawnshop "Tour of Mercy "founded in 1539 on a pledge to lend without interest, which in 1584 opened a case of deposits, recognized by a proclamation of the viceroy of Naples in the same year.

Seven other similar institutions were later founded in Naples between 1587 and 1640:

After nearly two centuries of activities independently of each other, a decree of Ferdinand IV of Bourbon, in 1794, leading to the unification of the eight existing institutes into a single structure that is called Banco Nazionale di Napoli.

Following the political changes that took place in the nineteenth century in Naples and Southern Italy, also the Bank of Naples changes name and structure. Passing from the realm of the Bourbons to the matrix Napoleon, the king of Naples, Joachim Murat attempts to transform the Bank into a limited company similar to the Bank of France and create the Bank of the Two Sicilies (Italian: Banco delle Due Sicilie), bound to have the same functions through the Cassa di Corte and Cassa dei Privati. With the revolutionary upheavals of 1849 loses agencies Sicilian who founded the Banco di Sicilia. New changes take place in 1861 with the unification of Italy, the changes that mark the birth of the name Banco di Napoli, the bank will be responsible for the issuance of the currency of the Kingdom of Italy for 65 years.


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