February 17, 2018 4:32 PM ET

Banks

Company Overview of Banca Tirrenica S.p.A.

Company Overview

Banca Tirrenica S.p.A. was acquired by Unione di Banche Italiane S.p.A. Banca Tirrenica S.p.A. 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 ...

Via Calamandrei, 255

Arezzo, AR 52100

Italy

Founded in 1882

Phone:

39 05 75 33 71

Fax:

39 05 75 33 75 10

Key Executives for Banca Tirrenica S.p.A.

Banca Tirrenica S.p.A. does not have any Key Executives recorded.

Banca Tirrenica S.p.A. Key Developments

Banca Tirrenica S.p.A. Announces Management Changes

Banca Tirrenica S.p.A. announced that Osvaldo Ranica will serve as chairman of the board of directors, Maria Pierdicchi as a director and Silvano Manella will be CEO of the company.

UBI Reportedly Obtained ECB Nod To Acquire Three Italian Lenders

Unione di Banche Italiane S.p.A. (BIT:UBI) obtained preliminary approval from the ECB to acquire the good banks of Nuova Banca dell'Etruria e del Lazio S.p.A., Banca Popolare dell'Etruria e del Lazio - Società Cooperativa and Nuova CariChieti SpA, Reuters reported.

Government Mulls Sale Of Four Banks

Italy's economy minister met with senior Italian bankers and the Bank of Italy governor to try to push forward with a sale of Banca March S.A., Banca Popolare dell'Etruria e del Lazio - Società Cooperativa, CariFerrara and Banca Popolare dell'Etruria e del Lazio - Società Cooperativa. The meeting comes just days after a deadline to sell the banks was extended for a second time. "There is only one item on the agenda; how to find a solution for the four banks," a source, who declined to be named as the talks are private, said. Economy minister Pier Carlo Padoan called the meeting with Intesa Sanpaolo S.p.A. (BIT:ISP), UniCredit S.p.A. (BIT:UCG) and Unione di Banche Italiane S.p.A. (BIT:UBI)and Banca d'Italia SpA Governor Ignazio Visco. The Bank of Italy rejected bids from private equity funds over the summer because they were too low, the sources said.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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