Desio, 18 December 2014 – The Boards of Directors of Banco di Desio e della Brianza S.p.A. (“Banco Desio”) and of Banca Popolare di Spoleto S.p.A. (“BPS”) met today and approved, inter alia, consistently with the provisions of the investment agreement executed on 1 April 2014 (the “Investment Agreement”); on the same date, they also communicated to the market a plan directed at streamlining the network of the Banco Desio Group and at strengthening the role of BPS as the bank of the Banco di Desio e della Brianza Banking Group (the “Group”) in “central Italy”. The Transfer of the Business Unit is also directed at leveraging as well as enhancing the “Banca Popolare di Spoleto” brand, which will therefore become the Group’s sole brand active in the territory of central Italy, exploiting its strong recognition in this geographic area.
Thursday, 18 December 2014 - 6:15pm
Joint press release - Banco di Desio e della Brianza S.p.A. - Banca Popolare di Spoleto S.p.A. – 18 December 2014
Thursday 18 December 2014
Press Release 57.74 KB
Last updated 04/20/2015