BANCA POPOLARE DI PUGLIA E BASILICATA - SOCIETA' COOPERATIVA PER AZIONI

BANCA POPOLARE DI PUGLIA E BASILICATA - SOCIETA’ COOPERATIVA PER AZIONI is an Italian cooperative bank operating primarily in Southern Italy, with a branch network concentrated in Puglia and Basilicata and selective presence in other regions. The institution follows a traditional retail and SME relationship-banking model funded largely by customer deposits, offering current and savings accounts, cards and payments, mortgages, personal and business loans, and services for professionals and small enterprises; ancillary activities typically include distribution of mutual funds and insurance products through partners, POS and acquiring services, and access to government bond placements. Digital channels provide internet and mobile banking for standard transactions alongside a branch and contact center setup. As a società cooperativa per azioni, ownership is held by members under cooperative principles; the bank is not publicly listed and operates with governance bodies in line with Italian regulations. It is subject to prudential and conduct oversight under EU and Italian law (including CRR/CRD, PSD2, AML rules), with supervision by Banca d’Italia within the European supervisory framework; eligible deposits are protected up to EUR 100,000 by the Italian deposit guarantee scheme (FITD). Risk profile is primarily driven by credit exposure to households and SMEs in its core territories and by interest-rate dynamics common to domestic banks. Tariffs and key information documents are published as required, and customer disputes can be escalated to the Arbitro Bancario Finanziario where applicable.