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banca popolare dell'etruria (PEL) Snapshot

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banca popolare dell'etruria (PEL) Details

Banca Popolare dell'Etruria e del Lazio Società Cooperativa provides banking, financial, and business consultancy services for private, corporate, and retail customers in Italy. The company operates through Retail, Corporate Customers, Private Banking, Investment Banking/Treasury, Insurance, and Corporate Centre segments. It offers loans and deposits in various forms; financial, banking, and payment services; financial, insurance, and asset management products; debit and credit cards; and consumer credit and leasing services. The company also provides import export services, including international payment products, such as Euro denominated current account for non-resident customers, international bank transfer in Euro or other currencies, SEPA payments, foreign cheque negotiation, travel cheque negotiation, foreign currency cash negotiation, guarantee issued in the interest of non-resident individuals, and issuance of financial support certification. In addition, it offers trade finance products comprising documentary collections, documentary credits, international demand guarantees/counter-guarantees, confirmation and notification of letters of credit, discount with or without recourse of deferred payment, discount with or without recourse of bills of exchange, and guarantee required by financial institutions to grant credit; and operates as a gold broker, as well as provides investment banking/treasury services. As of June 30, 2014, it operated approximately 186 branches in Tuscany, Lazio, Umbria, the Marches, Emilia Romagna, Molise, Lombardy, and Abruzzo. The company was founded in 1882 and is headquartered in Arezzo, Italy.

Founded in 1882

banca popolare dell'etruria (PEL) Top Compensated Officers

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banca popolare dell'etruria (PEL) Key Developments

Oaktree Capital Management Reportedly Mulls Acquisition Of Stakes In Banca Lecchese

Oaktree Capital Management, L.P. reportedly is seeking acquisition of stakes in Banca Popolare Lecchese SpA from Banca Popolare dell'Etruria e del Lazio - Società Cooperativa (BIT:PEL). According to Il Sole 24 Ore, Oaktree Capital Management, L.P. is in talks to acquire Banca Popolare Lecchese. Banca Popolare dell'Etruria e del Lazio owns a 54.212% stake in Banca Popolare Lecchese. Oaktree might then subscirbe Banca Lecchese’s capital increase and become its controllng shareholder. The fund might then use the bank as a platform from which to build a group active in the financial services sector thanks to other acquisitions on the Italian market as mergers among Italy’s banks is expected in the next few months to overcome excessive fragmentation in the industry.

Banca Popolare dell'Etruria e del Lazio - Società Cooperativa to Report First Half, 2015 Results on Aug 28, 2015

Banca Popolare dell'Etruria e del Lazio - Società Cooperativa announced that they will report first half, 2015 results on Aug 28, 2015

Banca Popolare dell'Etruria e del Lazio - Società Cooperativa to Report Fiscal Year 2014 Final Results on Mar 13, 2015

Banca Popolare dell'Etruria e del Lazio - Società Cooperativa announced that they will report fiscal year 2014 final results on Mar 13, 2015


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