August 17, 2017
Financial Quotes
" Lack of money is the root of all evil. "

George Bernard Shaw

Banks in

Founded in 1871, the Banca Popolare di Sondrio is one of the first popular Italian banks that was inspired by the popular cooperative banking movement. Over time and thanks to the gradual expansion of it's activities and presence on the territory, the bank gained more regional dimensions with the possibility of operating nationwide, while at the same time keeping strong ties to the zone of origin. The bank can offer its customers (families, professionals, small and large companies, public institutions, etc.) services that will satisfy their every banking, financial or insurance need. Alongside their primary banking activity, the bank also promotes cultural initiatives: amongst these stand out, for their prestige and interest, the organisation of events linked to the names of eminent personalities and a refined publishing activity. The bank's capital, which stands at around 925 million Euros, and is shared between nearly 163,000 Shareholders, most of whom are customers. At 31 december 2009, equity came to 1,493 million Euros, excluding net profit. The bank employs more than 2,450 persons, and has 278 branches. Updated january 2010.
General Informations
HQ Address: Piazza Garibaldi 16, Sondrio, Italy
Opening Times: N/A
Phone: 0342 528111
Fax: 0342 528204
Web: Banca Popolare di Sondrio
Branches: 299 Founded: 1871
Abbadia Lariana Albano Sant Alessandro Albiate Albosaggia Alessandria Aosta Appiano Gentile Aprica Ardenno Arona Arosio Bellagio Bergamo Bernareggio Berzo Demo Bienno Bisuschio Bolzano Bonate Sotto Bormio Bosisio Parini Bovisio Masciago Bregnano Brescia Broni Buccinasco Bulgarograsso Busto Arsizio Calolziocorte Campione D Italia Campodolcino Cannobio Cantu Canzo Carate Brianza Carimate Carlazzo Carnago Carvico Casatenovo Casteggio Castel San Giovanni Castellanza Castiglione delle Stiviere Cernusco sul Naviglio Chiavari Chiavenna Chiesa in Valmalenco Chiuro Ciampino Cinisello Balsamo Cisano Bergamasco Cles Coccaglio Codogno Colico Collebeato Colorina Como Corte Franca Cosio Valtellino Crema Cremona Darfo Boario Terme Delebio Dervio Desenzano del Garda Desio Domaso Dongo Dubino Edolo Erba Erbusco Ferno Fino Mornasco Frascati Gallarate Gardone Val Trompia Garzeno Gavirate Gazzaniga Genova Genzano di Roma Gera Lario Giussano Gordona Gravedona ed Uniti Gravellona Toce Grosio Grosotto Grottaferrata Grumello del Monte Guanzate Iseo Lanzada Lavena Ponte Tresa Lecco Legnano Lissone Livigno Lodi Lomagna Lonato del Garda Luino Lumezzane Lurago d Erba Madesimo Mandello del Lario Manerbio Mantova Marchirolo Mazzo di Valtellina Meda Menaggio Merano Merate Merone Milano Montagna in Valtellina Montichiari Montorfano Monza Morbegno Mortara Nibionno Nova Milanese Novara Novate Mezzola Oggiono Orzinuovi Osio Sotto Ospitaletto Palazzolo Sull Oglio Pandino Parma Pavia Pero Pescate Peschiera del Garda Piacenza Piantedo Pisogne Ponte di Legno Ponte in Valtellina Prata Camportaccio Primaluna Rho Riva del Garda Rivolta d Adda Roma Romano di Lombardia Rovereto Sala Comacina Sale Marasino Salo Samolaco San Fedele Intelvi San Pietro Berbenno San Siro Sarnico Segrate Seregno Seriate Sesto Calende Sesto San Giovanni Seveso Solbiate Olona Somma Lombardo Sondalo Sondrio Suzzara Talamona Teglio Tirano Torino Toscolano Maderno Traona Trento Treviglio Valdidentro Valdisotto Valfurva Valmadrera Varedo Varenna Varese Verbania Verona Viadana Vigevano Villa di Chiavenna Villa di Tirano Villa Guardia Villafranca di Verona Villasanta Vimercate Voghera

The Banca Popolare di Sondrio, a limited partnership cooperative, was founded in Sondrio on the 4th March 1871, on the initiative of a promoting committee comprising several enterprising men from Valtellina at the time. Founded only seven years after the first "Popular" bank in Lodi, and the same year as the "Popolare di Novara", it was one of the first popular Italian banks inspired by the popular cooperative banking movement supported in Italy by Luigi Luzzatti. At the end of 1970 in the Province of Sondrio the bank had 18 ordinary branches and 2 "seasonal" ones. In that period, counting on its territorial distribution and an efficient structure, the Institute registered excellent equity growth and an operational penetration that reached each and every customer. On the back of this expansion, and when the Province began to seem a little small, the need to find room to expand outside the Institutional area started to make itself felt. In 1973 a representative office was opened in Milan. This office was to act as an observatory in Lombardy's capital and is an office that, after becoming our operational Head Office in 1978, has allowed our gradual involvement in the economic and financial environment of the metropolis. In November 1990 the opening of offices in Rome allowed the bank to adapt its structures to the stimulus and opportunities offered by a market that becomes freer, wider and more competitive every day. In 1991 we opened a representative office in Lugano as an economic observatory of that important financial centre, with the aim of supplying adequate assistance not only to the numerous Italians in the Confederation, but also to economic operators present in Switzerland. In 1995, with the intention of matching the structure to the stimulus, opportunities and indications of a market that was always wider, vaster and more competitive, we created the Banca Popolare di Sondrio S.A. in Lugano, a bank governed under Swiss law. In the same year the Banca Popolare di Sondrio and the Banca Popolare di Sondrio S.A. founded the Gruppo Bancario Banca Popolare di Sondrio. In the scope of the actions undertaken by the bank to widen the range and raise the level of our products and services we find the project started in August 1999 by the subsidiary Banca Popolare di Sondrio SA, that created two new entities in Luxemburg: Popsosuisse Investment Fund Sicav and Popsosuisse Advisory In around 1994 the bank saw the first signs of the "Internet revolution" and guessed some of the implications. It forced itself to understand the "new rules" of the game, acquiring the knowledge that Internet represented an extraordinary model of integration and distribution, a challenge that required and demanded important structural and organisational changes, the acquisition of new knowledge and abilities, of new ideas: without counting the fact that all of this was a complete break with the past.
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