Banca Cattolica di Molfetta


Banca Cattolica S.p.A. was an Italian cooperative bank based in Molfetta, Apulia region, southern Italy. The former parent company of the bank, Cattolica Popolare survived as a cooperative society.

History

Banca Cattolica Popolare was founded in 1902. In 1994 Banca Cattolica Popolare Società cooperativa a responsabilità limitata spin off its banking activities to form a subsidiary Banca Cattolica S.p.A., which Credito Italiano acquired 35% shares. The bank was later acquired by Banca Antoniana Popolare Veneta in the 1998, for 80%. As at 31 December 2000, Antonveneta owned 86.836% of the bank's share capital; The bank had a shareholders' equity of 115.113 billion lire at that time. In 2001 Banca Cattolica was absorbed into Antonveneta.