MPS Capital Services


MPS Capital Services Banca per le Imprese S.p.A. known as MPSCS in short, is an Italian corporate and investment bank based in Florence, Tuscany. The bank is a subsidiary of Banca Monte dei Paschi di Siena. The subsidiary was known as MPS Banca per l'Impresa until 2007.
On 28 March 2012 the bank was one of the banks that were selected to manage Fondo di Garanzia per le Piccole e Medie Imprese of the Ministry of Economic Development in a 9-year contract.

History

MPS Banca per l'Impresa was a merger of the two subsidiaries of Banca Monte dei Paschi di Siena: MPS Merchant and MPS Banca Verde in 2004. The history of MPS Merchant – Banca per Piccole e Medie Imprese could be traced back to Mediocredito Toscano, found 1954. In 2007 the bank received a division of MPS Finance and renamed into MPS Capital Services Banca per le Imprese.

Mediocredito Toscano

Mediocredito Toscano was a bank established in 1954 to provide medium term loan to small and medium companies of Tuscany region, as a statutory corporation. 18 other Mediocredito were also established in 1950s for the 19 regions of Italy. Due to Legge Amato the bank became a limited company, which Monte dei Paschi di Siena owned 74% stake. The Mediocredito also merged with Istituto Nazionale di Credito per il Lavoro Italiano all'Estero S.p.A. that year. In 1995 MPS also became a limited company. In 2000 the Mediocredito was owned by Banca MPS and Banca Toscana, a subsidiary of Banca MPS. The two banks were absorbed by Banca MPS in 2000s.

MPS Banca per l'Impresa

MPS Capital Services