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Home > Company Index > Banking > Banking - Europe > Banca Popolare Di Lodi

Banca Popolare Di Lodi
 PROFILE
Maybe being stuck in Lodi again isn't such a bad thing. Banca Popolare Di Lodi is Italy's oldest and one of its largest mutual banking groups. Founded in 1864, the bank offers a range of financial services, including retail and commercial loan and deposit products, credit cards, insurance, and online brokerage. Banca Popolare Di Lodi has some 500 branches in 11 of Italy's regions but is focused primarily on Lombardy, Sicily, and Tuscany. The bank has grown by acquiring smaller banks (including a baker's dozen from 1994 to 1999). Consolidation is expected to continue as Italy's mid-tier banks seek to cut costs while retaining their mutual status.

 COMPETITION
BANCA POPOLARE DI NOVARA Group (PNO)
Banca Lombarda S.p.A. (BL)
IntesaBci S.p.A. (BIN)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 480.10
1-Yr. Sales Growth: (13.4)%

 KEY PEOPLE
• Gianpiero Fiorani
    CEO

 CONTACT INFO
Via Cavour, 40/42
26900 Lodi, Italy
Phone: 39-0371-580-111
Fax: 39-0371-580-829
Online: Web Site

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