Südtiroler Volksbank – Banca Popolare dell'Alto Adige
Native name |
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|---|---|
| Company type | |
| ISIN | IT0003458640 |
| Industry | financial services |
| Predecessor |
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| Founded | 15 May 1992 |
| Headquarters | Bolzano, South Tyrol, Italy |
Number of locations | 184 branches (2016) |
Area served |
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Key people |
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| Services | Retail and corporate banking |
| €8 million (2016) | |
| Total assets | €9.316 billion (2016) |
| Total equity | €861 million (2016) |
Number of employees | 1,372 (2016) |
| Capital ratio | 11.72% (CET1) |
| Website |
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| Footnotes / references source of data | |
The South Tyrolian People's Bank (German: Südtiroler Volksbank, Italian: Banca Popolare dell'Alto Adige, known as Volksbank or Banca Popolare) is an Italian bank headquartered in Bolzano. The bank originated as a cooperative bank, but demututalized in 2016.
The bank was the second-largest bank in Trentino – South Tyrol with a market share of 8.8%. After the merger with Banca Popolare di Marostica in 2015, it was expected that the bank was the seventh bank in Veneto with a market share of 3.2% (behind Intesa Sanpaolo, UniCredit, Banca MPS, Banco Popolare, BPVicenza and Veneto Banca) and more specifically 6.2% in the Province of Vicenza as the 6th. After the announcement of the proposed merger of BPVicenza and Veneto Banca in 2017, Volksbank – Banca Popolare increased in ranking in the Veneto region.
As of 31 December 2016, the bank had 79 branches in Trentino – South Tyrol, 102 branches in Veneto and three branches in Friuli (all in the Province of Pordenone).