Südtiroler Sparkasse – Cassa di Risparmio di Bolzano
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The Savings Bank of the Province of Bolzano / South Tyrol (German: Südtiroler Sparkasse A.G., Italian: Cassa di Risparmio di Bolzano S.p.A.) is an Italian savings bank based in Bolzano, the capital of South Tyrol autonomous region.
- Südtiroler Sparkasse
- Cassa di Risparmio di Bolzano
Native name |
|
|---|---|
| Type | |
| Industry | Financial services |
| Founded | 1854 |
| Headquarters | Bolzano , Italy |
Number of locations | 106 branches (2018) |
Area served |
|
| Services | retail and corporate banking |
 (€29 million) (2016) | |
| Total assets |  €8.429 billion (2016) |
| Total equity | €730 million (2016) |
| Owner | Stiftung Südtiroler Sparkasse (66.02%) |
| Capital ratio | 11.02% (CET1) |
| Website | |
| Footnotes in consolidated financial statement[1] | |
Due to Italian banking reform, the bank was separate into a S.p.A. and a banking foundation (Stiftung Südtiroler Sparkasse – Fondazione Cassa di Risparmio di Bolzano) in 1992.[2]
Banca Popolare di Lodi (BPL) was a minority shareholders of the bank, which Reti Bancarie acted as a sub-holding company for 19.99%. In 2006 Reti Bancarie was absorbed into BPL, as well as the bank sold 10% back to the banking foundation of the savings bank.[3] On 20 December 2007 the remaining 9.99% was sold by Banco Popolare to the foundation.
As at 31 December 2014 the banking foundation owned 66.02% stake of the bank; among other investors, Banca Popolare di Puglia e Basilicata owned 0.07% stake.[4] In 2020 Sparkasse continues the decrease in risks expressed by the net Npl ratio indicator which reaches the level of 1.8% compared to 2.3% in 2019.[5]
