September 27, 2016 4:03 PM ET

Banks

Company Overview of Banca Sella Holding S.p.A.

Company Overview

Banca Sella Holding S.p.A., through its subsidiaries, engages in banking and other financial service businesses primarily in Italy. Its business activities and solutions include commercial banking; asset management, securities, investment advice, and private banking; individual asset management and pensions; financial leasing; consumer credit solutions, including hire purchase, credit cards, automotive leasing, and loans against the assignment of salary; life, sickness, and accident insurance products; insurance brokerage and consultancy; issue of unit linked policies; and electronic payment systems. The company’s banking products and services also consist of various deposits, as well as rep...

Piazza Gaudenzio Sella, 1

Biella, BI 13900

Italy

Founded in 1886

Phone:

39 01 535011

Fax:

39 015 351767

Key Executives for Banca Sella Holding S.p.A.

Chief Executive Officer, Managing Director, General Manager and Director
Joint General Manager
Executive Officer
Executive Officer
Executive Officer
Compensation as of Fiscal Year 2016.

Banca Sella Holding S.p.A. Key Developments

Banca Sella Holding S.p.A., Annual General Meeting, Apr 30, 2015

Banca Sella Holding S.p.A., Annual General Meeting, Apr 30, 2015.

Seven Firms And Funds Reportedly Eyeing C.B.A. Vita Stake

C.B.A. Vita S.p.A.’s stake may be sold. MF-Milano Finanza reported quoting sources as saying that seven firms and investment funds are interested in buying around 51% stake in Banca Sella Holding S.p.A.’s C.B.A. Vita. According to the news report, Società Cattolica di Assicurazione - Società Cooperativa (BIT:CASS), Aviva plc (LSE:AV.), AXA Group (ENXTPA:CS), Zurich Insurance Group Ltd (SWX:ZURN), Assicurazioni Generali S.p.A. (BIT:G), Apollo Global Management, LLC (NYSE:APO), and AnaCap Financial Partners LLP are eyeing for a possible deal for C.B.A. Vita. Banca Sella's adviser Rothschild has set March 23, 2015 as the deadline for receiving non-binding offers for the company, the report mentioned. It further added that the possible deal would be for at least 51% stake in C.B.A. Vita but Banca Sella may opt to sell 100% stake in the company. MF also reported that €50 million may be the base ask price.

Symbid Corp. and Gruppo Banca Sella Create New Italian Investment Platform, Symbid Italia S.p.A

Symbid Corp. announced the launch of Symbid Italia S.p.A. in partnership with Gruppo Banca Sella. Marco Bicocchi Pichi will undertake the role of Managing Director. The collaboration sees Symbid leverage Banca Sella's payment solutions, banking services and network to offer its innovative B2B and B2C funding portfolio in Italy as of second quarter 2015. Symbid Italia represents the first stage of a European roll-out of the investment crowdfunding platform operated by Symbid, The Funding Network™. Symbid Italia aims to digitalize financial services for Italian small business with a new online funding platform based on Symbid's validated crowdfunding technology and Banca Sella's banking expertise and local market knowledge. This partnership combines traditional and alternative finance, enabling Symbid Italia to enter the market with a potential user base of accredited investors.(1) Small businesses contribute 68% of Italy's total added value (EU average is 57%) but can experience difficulties in accessing finance.(2) Symbid Italia will provide an efficient, transparent and market-friendly solution for Italian small businesses in search of funding.

Recent Private Companies Transactions

Type
Date
Target
Fund Raising
June 1, 2016
Barcamper Ventures
Private Placement
April 11, 2016
Sardex Srl
Merger/Acquisition
February 24, 2016
Consel SpA
 

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