Carlo Cimbri and Mario Pedranzini
The rise of the third banking hub in Italy and the move by Cimbri (Unipol) which studies growth in the capital of PopSondrio
The Fidt chooses Bper as a buyer e Carlo Cimbri, the deus ex machina from Unipol and the new point guard of the Italian banking risk, already studies the next steps. In fact, while the market observes with interest the scenario of a three-way merger, at different times, with the Bank of Sondrio, of which the company led by Carlo Cimbri is the largest shareholder with 9.5%, Unipol he would already be thinking, according to what the Corriere della Sera, on a medium-term growth in capital from the former Popular driven by Mario Alberto Pedranzini, asking the authorization to ECB to exceed 10%.
If on the one hand in fact Cimbri is preparing to expand into 368 branches of Carige, in fact, does not hide the ambition to implement a “step-by-step approach”, as happened with Bper, to become a key convergence pole. But not only.
Putting in the viewfinder Sondrio, also the network of bancassurance as a dowry to the company of via Stalingrado it would be further strengthened by rising to share 2.670, according to the data reported by Affaritaliani.it (find them here).
In this context, there is also a standout among the big names Bper, which has just completed integrating the more than 600 former Ubi branches acquired by Intesa Sanpaolo post-Opas on the Brescia-Bergamo bank, and now holds “a leader’s size” in the Italian market.
The CEO of Bper Piero Montani he stressed that the new offer maintains “all its main assumptions, namely the industrial strategic value, the adequate supervision of the capital profiles, the improvement of the asset quality and a significant increase in profitability in terms of earnings per share”.
With the Carige operation, according to the calculations made by Affaritaliani.it (we wrote about it here) the Emilian bank thus surpasses UniCredit by number of branches in Italy (2,220 versus 2,118). Thanks to the exclusivity granted by Fidt to the bank of Montani, if all goes smoothly the network of bancassurance on which UnipolSai it will be able to count to place its non-life and life policies and will increase by 368 branches, mainly located in the North-West and, in any case, in the rich and thrifty North Italy. Then on the horizon there is the network of 450 branches of the Valtellinese bank.
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