Umberto Colli

Bancaperta SpA (BAA) was established as a bank in 1997 and is based in Sondrio, Italy. BAA is a subsidiary of Credito Valtellinese SCARL (MI: CVAL). BAA is a virtual bank and uses Internet as their primary business channel. They primarily coordinate home and corporate banking applications, and electronic payment systems. In 2005 the bank transferred all asset management activities to Milan-based Aperta SGR, a new company created ad hoc and wholly-owned by BAA. This new creation allowed the firm to add institutions to their client portfolio, which originally was exclusively dedicated to private individuals. Aperta SGR manages mutual funds and pension funds for wholesale and retail clients.

Credito Valtellinese SpA engages in providing cooperative banking services. It operates through the following business segments: Market, Specialized Company, and Corporate Centre. The Market segment includes the production and sale of lending products and services, and investment and transfer services. The Specialized Company segment deals with the distribution of bancassurance products, disbursement and management of receivables and medium and long-term lease financing, and disposal of problem loans and services. The Corporate Centre segment monitors the management and development of information and communication technology and manages real estate assets. The company was founded on July 12, 1908 and is headquartered in Sondrio, Italy.

Credito Siciliano SpA provided banking services. The company was headquartered in Acireale, Italy.

Unione Fiduciaria SpA provides fiduciary services. The company was founded in 1958 and is headquartered in Milan, Italy.

Depobank - Banca Depositaria Italiana SpA is a holding company, which engages in the provision of banking solutions. It offers collection and payment management, credit transfer, and direct debit services. The company was founded on July 1, 2018 and is headquartered in Milan, Italy.