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Home > Company Index > Banking > Banking - Europe > Gruppo BIPOP-Carire

Gruppo BIPOP-Carire
 PROFILE
How does a regional player make it big in Italy? The same way other small-timers do -- with the Internet. Gruppo BIPOP-Carire is a bank holding company offering retail and commercial banking and other financial services through some 280 branches in Italy. However, the company has left competitors in the dust in its rush to embrace the Internet. The success of its online brokerage unit, Fin-Eco, has fueled its stock, and the bank has been growing beyond Italy into Western Europe. The bank was formed from the 1983 merger of Banca Popolare di Palazzolo and Banca Popolare di Lumezzane to form Banca Popolare di Brescia (BIPOP), which then merged with Cassa di Risparmio di Reggio Emilia (Carire) in 1999.

 COMPETITION
Banca Popolare di Milano S.c.a.r.l. (PMI)
IntesaBci S.p.A. (BIN)
Sanpaolo IMI S.p.A. (IMI)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 813.50
1-Yr. Sales Growth: (48.9)%
Employees: 3,113
Revenue per employee: $261,323.48

 KEY PEOPLE
• Bruno Sonzogni
    CEO

 CONTACT INFO
Via Leonardo da Vinci, 74
25122 Brescia, Italy
Phone: 39-030-39931
Fax: 39-030-396313
Online: Web Site

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