BPPB

What BPPB does

Banca Popolare di Puglia e Basilicata (BPPB) is a cooperative bank (Società Cooperativa Per Azioni) founded in 1883 and headquartered in Altamura, Italy, operating primarily across the Puglia and Basilicata regions in Southern Italy. The bank serves three core customer segments — Privati (individual/family retail), Aziende (SMEs, freelancers, artisans, and agricultural businesses), and Enti (public entities) — through a hybrid distribution model combining a physical branch network (filiali) with digital channels including Internet Banking and mobile applications (Privati and Aziende). Its product portfolio spans current accounts, payment cards (issued in partnership with Nexi and American Express), mortgages, personal and salary-backed loans (Presto Life, QuintoXTe, TFS Flash, Presto Master), business financing, agricultural lending (Valore Terra), PNRR-related subsidized financing, and wealth management/advisory services distributed alongside insurance products from Allianz and Poste Vita.

The bank generates revenue through five primary streams: net interest income from lending activities, transaction and card fees, wealth management and advisory commissions, insurance distribution commissions, and spread income from its own bond issuance program. BPPB issues medium-to-long-term retail bonds (multiple tranches at 2.50%-4% coupons across 2024-2026) as a funding mechanism, and operates a continuous bond program with offerings to both retail and institutional investors. Technology infrastructure includes biometric signature (Firma Elettronica Avanzata / Firma Grafometrica) for paperless operations, PSD2 open banking interfaces, SEPA Instant Credit Transfer (SCT Inst) processing, Verification of Payee (VoP) services, and AML/fraud detection systems. The bank maintains full regulatory compliance across PSD2, MiFID II, GDPR, AML, Basel 3 Pillar 3, D.Lgs 231/2001, and D.Lgs 24/2023 (whistleblowing).

BPPB operates as a member-owned cooperative (soci) with capital-based voting rights and is not listed on any stock exchange. The bank is classified as a 2026 Sustainability Leader by Il Sole 24 Ore and Statista, reflecting its ESG positioning. Recent strategic actions include the definition of new corporate governance structures for the 2026-2028 triennium, the mandatory rollout of instant payment services and VoP per EU Regulation 2024/886, the transition of life insurance distribution from Cronos Vita to Poste Vita (effective October 2025), and continued partnership-based ecosystem orchestration through Nexi, Allianz, Pitagora, and ABI protocol adherence.

Name

BPPB

Legal name

Banca Popolare di Puglia e Basilicata S.c.p.a.

Website

https://bppb.it

Company type

Private

Founded year

1883

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Banca Popolare di Puglia e Basilicata (BPPB) is an Italian cooperative bank founded in 1883, serving retail customers, SMEs, and public entities across the Puglia and Basilicata regions through a branch network and digital banking platform. It offers deposits, loans, payment cards, and wealth management services.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Savings Institutions and Other Depository Credit Intermediation (522180), Commercial Banking (52211)

SIC

Savings Institutions, Not Federally Chartered (6036)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industry

Community Development Credit Unions (CDCUs) (FSABAEAC)

Keywords

• Retail banking services
• Cooperative banking
• Mortgage lending
• Business financing
• Digital banking

Headquarters

HQ city

Altamura

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Interest Income: Traditional banking revenue from interest rate spreads between lending rates charged to borrowers and deposit rates paid to depositors. Core banking revenue stream from mortgage loans (Mutui), personal loans (Presto Life, Presto Master, QuintoXTe, TFS Flash), and business financing.
2. Fee and Commission Income: Transaction fees from payment services including credit cards (Nexi, American Express), account maintenance fees, payment processing, and wire transfers including instant credit transfers.
3. Wealth Management and Advisory: Revenue from investment advisory services (Consulenza avanzata), insurance solutions (Allianz Active4Life), and asset management products distributed to customers.
4. Insurance Distribution: Commission revenue from distribution of insurance products including life insurance, protection policies (Iot Assicuro Mutui CPI), and other coverage products.
5. Bond Issuance: Medium to long-term funding through issuance of bonds including ordinary bonds and subordinate Tier II bonds, generating spread revenue.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

Banca Popolare di Puglia e Basilicata is a cooperative bank offering retail and commercial banking services across Puglia and Basilicata. It provides current accounts, credit cards, mortgages, personal and business loans, investment/wealth advisory, insurance distribution, and digital banking channels through Internet Banking and mobile applications for three customer segments: individuals (Privati), businesses (Aziende), and public entities (Enti).

Product overview

Banca Popolare di Puglia e Basilicata (BPPB) is a cooperative bank founded in 1883 operating in Southern Italy (Puglia and Basilicata regions). The bank offers a comprehensive banking product portfolio organized around three customer segments: Privati (retail individuals), Aziende (businesses), and Enti (public entities). The core offering includes traditional banking services (current accounts, deposits), payment cards through partnerships with Nexi and American Express, digital banking via Internet Banking and mobile apps, and loan products (mortgages, personal loans including Presto Life, QuintoXTe, TFS Flash, and Presto Master). Business services encompass growth financing, credit advances, subsidized financing programs, and agricultural lending. Wealth management and insurance advisory services are provided through partnerships with Allianz and other insurers. The bank has recently launched Instant SEPA Credit Transfers (Bonifico Istantaneo) with mandatory activation and introduced the Verifica del Beneficiario (VoP) payment verification service as part of PSD2 compliance.

Differentiator

Problem solved

Functional benefit

Brands

• Tutto x Te Futuro: Youth account for customers under 36 years old with reduced account maintenance fees
• Iot Assicuro Mutui CPI
• Allianz Active4Life
• Nexi Credit Cards
• Nexi Business
• Presto Master
• Siamo dove sei tu

Products and services

• Tutto x Te Futuro Current account product targeted at customers under 36 years old, offered without account maintenance fees and at a more competitive rate than standard accounts.
• Internet Banking (PIB2) Online banking platform enabling customers to manage accounts, payments, cards, and financial services through a web interface.
• App BPPB Aziende (Corporate Mobile Banking) Mobile banking application for business and corporate customers available on Android and iOS for managing corporate banking operations.
• Nexi Una Max Credit card issued in partnership with Nexi for retail customers, accepted worldwide for online and in-store purchases with included insurance coverage and online management services.
• Nexi Prestige Premium credit card with spending limits of EUR 3,000-15,000, 45-day repayment option, Lounge Key access, enhanced insurance coverage, and Premium Experience events.
• Nexi Excellence High-tier credit card with limits of EUR 5,000-25,000, Lounge Key+ with 5 free annual entries, Rewards program, Concierge service, and comprehensive insurance including smartphone screen protection.
• Carta Oro Business American Express Business credit card issued by American Express offering up to 51 days for statement debits, dedicated to business expense management.
• Nexi Business Credit card for freelancers, artisans, and SMEs issued on Visa and MasterCard circuits with 24/7 assistance, travel agency services, up to 45-day payment deferral, and included fraud insurance.
• Bonifico Istantaneo (Instant SEPA Transfer) Real-time payment service enabling fund transfers within 10 seconds (max 20 seconds), available 24/7/365 including weekends and holidays across the SEPA area.
• Verifica del Beneficiario (VoP) Beneficiary verification service for SEPA payments that validates correspondence between IBAN and beneficiary name before payment authorization.
• Presto Life Personal loan product line designed to finance retail customers' personal projects and desires.
• QuintoXTe

Quantifiable outcome

• Recognized as leader of sustainability 2026 by Il Sole 24 Ore and Statista

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability5 records

Feature8 records

Partnerships

Twelve partnerships are on record, tiered core, major and minor.

• Nexi PaymentscoreTechnology or IntegrationPartnership for credit card issuance and processing. BPPB offers Nexi credit cards including Nexi Business (for businesses), Nexi Una Max, Nexi Prestige, and Nexi Excellence (for individuals). Cards available on Visa and MasterCard circuits.
• American ExpresscoreTechnology or IntegrationPartnership for Carta Oro Business American Express credit card offering up to 51 days payment delay for business customers.
• AllianzcoreChannel Partner/ Reseller/ DistributorDistribution partnership for Allianz Active4Life, a Unit-Linked insurance product of the Allianz Group offered to BPPB customers for investment and protection.
• Cronos Vita Assicurazioni / Poste VitamajorChannel Partner/ Reseller/ DistributorInsurance partner for life insurance products. IVASS authorized the total non-proportional demerger of Cronos Vita in favor of five insurance companies including Poste Vita, effective October 1, 2025. Poste Vita assumed insurance contracts previously placed through BPPB.
• Cerved Master Services / Cerved Credit ManagementminorImplementation/ SI/ Consulting PartnerMaster Servicer and Special Servicer appointed for POP NPLs 2018 securitization transaction to manage and collect the purchased NPL portfolio.
• Prelios Credit Servicing / Prelios Credit SolutionsminorImplementation/ SI/ Consulting PartnerMaster Servicer and Special Servicer appointed for POP NPLs 2019 securitization transaction to manage and collect the purchased NPL portfolio.
• Pitagora S.p.A.minorChannel Partner/ Reseller/ DistributorPartnership for Cession of Fifth (QuintoXTe) product distribution, where BPPB acts as promoter under agreement with Pitagora.
• ABI (Associazione Bancaria Italiana)majorStrategic or Co-development PartnerBPPB adheres to ABI protocols including: Protocol for ZES (Special Economic Zones) to support territory development; Protocol for refunds to women victims of violence. Also participates in ABI anti-fraud guidance initiatives.
• Fondazione BPPBmajorStrategic or Co-development PartnerBPPB foundation focused on financial education and cultural initiatives. Operates FEduF – Fondazione per l'Educazione Finanziaria, and PopolArte project for promoting beauty and art.
• Komen PugliaminorStrategic or Co-development PartnerPartnership for breast cancer prevention and early diagnosis promotion initiatives in the territory.
• AndrianiminorStrategic or Co-development PartnerCorporate partnership for joint initiatives promoting health and early diagnosis in the territory, alongside BPPB and Komen Puglia.
• FEduF - Fondazione per l'Educazione FinanziariamajorStrategic or Co-development PartnerFoundation for financial education, operating under BPPB's social responsibility initiatives to promote financial literacy.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• BPER Banca: BPER Banca is the most direct Italian peer — a former Banca Popolare with a regional retail and commercial banking franchise across Emilia-Romagna and beyond. Like BPPB it focuses on SME lending, mortgages, and subsidized credit; it has greater scale (multiple billions in assets) but the same Popolare cooperative heritage.
• Banca Popolare di Sondrio: Banca Popolare di Sondrio is another Italian cooperative popolare bank serving retail and small-business customers in Lombardy and surrounding regions. Its business mix — current accounts, mortgages, business lending, bond issuance — closely mirrors BPPB's, and it is one of the few remaining listed Popolari for direct financial comparison.
• Banco BPM: Banco BPM was formed from the merger of Banca Popolare di Milano and Banco Popolare and provides the full retail/commercial banking product set in Northern and Central Italy. Its cooperative-popolare origins, SME-lending focus, and broad product portfolio make it a structurally similar competitor in adjacent regions.
• Credito Emiliano (Credem): Credem is an Italian cooperative bank headquartered in Emilia-Romagna serving families, SMEs, and professionals with current accounts, mortgages, and advisory services. Its cooperative structure and relationship-led retail/SME model map closely to BPPB's Privati/Aziende segmentation.
• ICCREA Banca: ICCREA is the central institution of the Italian cooperative banking group (Credito Cooperativo / BCC network), providing treasury, funding, and ICT services to member banks like BPPB. It is a peer at the cooperative-group level, exercising supervisory, funding, and product-platform functions over affiliates of comparable size.
• Cassa Centrale Banca: Cassa Centrale Banca is the central institution of the larger of Italy's two cooperative banking groups, serving Raiffeisen-style Trentino-Alto Adige and nationwide rural cooperative banks. Like BPPB, it mobilizes local deposits for SME, agricultural, and household lending through affiliated casse rurali.
• Banca Mediolanum: Banca Mediolanum operates a multi-channel retail bank in Italy focused on household deposits, mortgages, and third-party-distributed investment/insurance products via advisors. Its distribution-led model and strong Allianz partnerships place it as a comparable retail-banking competitor with similar fee-plus-deposit economics.

Broad incumbents

• UniCredit: UniCredit is Italy's largest universal bank and operates the dominant branch and digital banking footprint in the same national market. While it does not specialize in any single regional franchise, it sets the competitive floor on pricing, digital capabilities, and product breadth that BPPB must match.
• Intesa Sanpaolo: Intesa Sanpaolo is Italy's largest retail and commercial bank with the densest national branch network and the strongest SME lending franchise. Following its absorption of UBI Banca, it competes directly with BPPB for the same private and business customer base across Puglia and Basilicata with materially greater scale.

Regional players

• Banca Monte dei Paschi di Siena: Monte dei Paschi is a long-standing Italian regional retail/commercial bank with a footprint heavily concentrated in Tuscany. Its product portfolio — current accounts, mortgages, SMEs, public sector — overlaps with BPPB's three-segment model, making it a useful benchmark on regional-bank economics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/wwwBPPBit
• Facebookfacebook.com/bancapopolarepugliabasilicata
• LinkedInit.linkedin.com/company/banca-popolare-di-puglia-e-basilicata-s.c.p.a.
• Instagraminstagram.com/bppb_banca

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BPPB