Private company

Banca Popolare Pugliese

Logo: Banca Popolare Pugliese, Public domain, via Wikimedia Commons3

Italian bank founded in 19941

Banca Popolare Pugliese S.C.p.A. (BPP) is an Italian cooperative bank based in Parabita and Matino, in the province of Lecce, Apulia region. Despite named itself Apulian Popular Bank, the bank concentrated in the provinces of Lecce (50 branches) and Brindisi (15 branches) in Apulia, as well as two branches in Basilicata region and once branch in Molise region.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Jun 2, 1994Founded1
Sede Legale Parabita
Photo: Mellon89, Public domain, via Wikimedia Commons5

Banca Popolare Pugliese S.C.p.A. (BPP) is an Italian cooperative bank based in Parabita and Matino, in the province of Lecce, Apulia region.2

The story

Banca Popolare Pugliese S.C.p.A. was found on 2 June 1994 by the merger of Banca Popolare Sud Puglia (based in Matino) and Banca Popolare di Lecce (ex-Banca Popolare di Parabita e Aradeo). At the time BP Sud Puglia had a market share (in terms of deposits) of 2.8% in Apulia (especially 15.6% in Lecce and 5.6% in Brindisi), while BP Lecce had 1.6% in Apulia (especially 8.4% in Lecce and 3.3% in Brindisi). Their competitors Banco di Napoli and Banca Nazionale del Lavoro had 14% and 8% in Apulia respectively (data excluding the province of Foggia, as it was intended to compare to the geographical area of Banca Popolare Pugliese's network).

In 2007 the bank acquired 15 branches from Banca Carime, a subsidiary of UBI Banca.

In 2015 BPP acquired 97.37% stake in Banca del Lavoro e del Piccolo Risparmio di Benevento, which operates in 7 different locations in 6 comuni (two in Benevento).

From Wikipedia’s article on Banca Popolare Pugliese, shared under CC BY-SA 4.0.4

Products and brands

Banca del Lavoro e del Piccolo Risparmio di Benevento

From Wikipedia’s article on Banca Popolare Pugliese, shared under CC BY-SA 4.0.4

Timeline

  1. Jun 2, 1994Founded Founded1