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| Commitment to social and religious organisations | |
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Today the third sector is undergoing profound change and growth from both a legislative and regulatory viewpoint and that of the market, connected with its increasingly more central role in the provision of personal care services in the public sector health and welfare system.
The contraction at the same time in public sector resources, associated with the contraction in private sector resources as a consequence of the economic crisis, means that third sector organisations must be able to employ increasingly more efficient managerial skills and know how to gain access to the banking system to fund both current activities and investments.  | |
In order to continue to serve this sector more effectively, by consolidating and building on the long standing activities and experiences of the network banks, we have created:
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In pursuit of our mission as a “popular” co-operative bank, we have developed strong relations over the years with nonprofit organisations (belonging to the “third sector” or “private welfare sector”) and with church institutions which play a fundamental role in the supply of welfare and cultural services in communities. Historically our Group holds a quota of deposits from and loans to the third sector that is higher than for the sector nationally, due in part to a substantial presence in the regions where these organisations are more numerous.
1.5 billion euro Funding from NPOs*
8.23% market share
58.1% in Lombardy
665 million euro Loans to NPOs*
7.44% market share
58.3% in Lombardy
* In house Studies Area processing of Bastra1 data as at 30/09/2010, relating to the Bank of Italy economic activity sector “Nonprofit institutions at the service of families”.
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Deputy General Managers:
Rossella Leidi- Chief of Business
Giovanni Lupinacci - Chief of Credit and Credit Recovery
Ettore Medda - Chief of General Affairs and Subsidiaries
Pierangelo Rigamonti - Operational Chairman of UBI Sistemi and Servizi
Elvio Sonnino - Chief Operating Officer
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