Banca Monte di Parma is an Italian bank, active in the provinces of Parma

Province of Parma

The Province of Parma is a province in the Emilia-Romagna region of Italy. Its capital is the city of Parma.It has an area of 3,449 km², and a total population of 413,198...

, Piacenza

Province of Piacenza

The Province of Piacenza is a province in the Emilia-Romagna region of Italy. Its capital is the city of Piacenza.The province has 273,689 inhabitants . Its total area is 2,589 km². There are 48 comuni in the province, see Comuni of the Province of Piacenza...

 and Reggio-Emilia

Province of Reggio Emilia

The Province of Reggio Emilia is one of the eight provinces of the Italian Region of Emilia-Romagna. The capital city, which is the most densely populated comune in the Province, is Reggio Emilia....

.

History

The bank was founded in Parma in 1488 as Mons Pietatis Almae Civitatis Parmae by Bernardine of Feltre

Bernardine of Feltre

The Blessed Bernardine of Feltre was a Friar Minor and missionary, b. at Feltre, Italy, in 1439 and d. at Pavia, 28 September 1494. He is remembered in connexion with the monti di pietà of which he was the reorganizer and, in a certain sense, the founder, together with the Blessed Michele Carcano...

, in order to combat usury – he was known for his violent anti-Judaism

Anti-Judaism

Religious antisemitism is a form of antisemitism, which is the prejudice against, or hostility toward, the Jewish people based on hostility to Judaism and to Jews as a religious group...

. This makes it one of the oldest banks in the world.

Operations

In 1991, in order to comply with new Italian banking regulations, the company became a joint-stock company and a subsidiary of Fondazione Monte di Parma which still owns 68.74% of the company's shares. Fondazione di Piacenza e Vigevano has a 15% holding and Banca Sella Holding

Banca Sella

Banca Sella S.p.A, branded as Banca Sella, is an Italian banking group, active in the banking, insurance and asset management businesses in Europe and Asia .-External links:*...

 has 10%.

Sponsorship

The bank is currently the principal sponsor of Serie A

Serie A

Serie A , now called Serie A TIM due to sponsorship by Telecom Italia, is a professional league competition for football clubs located at the top of the Italian football league system and has been operating for over eighty years since 1929. It had been organized by Lega Calcio until 2010, but a new...

 football team Parma F.C.

Parma F.C.

Parma Football Club , commonly referred to as just Parma, is an Italian professional football club based in Parma, Emilia–Romagna that will compete in Serie A for the 2011–12 season, having finished in twelfth position last season. Founded as Verdi Foot Ball Club in July 1913, the club changed its...

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External links

• Banca Monte Parma Official website (in Italian)