Paris - Banque Vernes et Commerciale de Paris, later Banque Sanpaolo

city Paris
address 52 Avenue Hoche
RESOLUTION OF BOARD OF DIRECTORS 02.01.1989
OPENING 1988
CLOSING 2005
description

In 1988 Istituto Bancario San Paolo acquired the entire share capital of Banque Vernes et Commerciale de Paris (BVCP) from Compagnie Financière de Suez, which it had become part of three years prior. Founded in 1972 through the merger of an institution created at the end of the eighteenth century by the Vernes family with the Banque Commerciale de Paris (known until 1952 as Josse, Lippens & Cie), in 1989 BVCP changed its name to Banque Sanpaolo.
In 1990 Banque Sanpaolo took over the metropolitan branches of Banque Française Commerciale, formerly Banque Industrielle de Chine and later Banque Franco-Chinoise, a branch of Banque Parisienne de Crédit (Groupe Suez).
In December 2003 Caisse Nationale des Caisses d'Épargne (CNCE) became Banque Sanpaolo's majority shareholder in France, acquiring 60% of the Sanpaolo IMI Group's shares. The bank was sold in June 2005, and renamed Banque Palatine.
BIBLIOGRAPHY

IBSP, Financial Statements
IBSP, VCA
other banks in the same country Paris - Sanpaolo IMI, later Intesa Sanpaolo - Representative Office Paris - Banque Française & Italienne pour l'Amérique du Sud (Sudameris) Paris - Banco di Napoli - Representative Office Paris - Cassa di Risparmio di Firenze - Representative Office Paris - CARIPLO - Representative Office Paris - Banque Commerciale Tunisienne, later Société Générale de l'Afrique du Nord Paris - Banque Industrielle de Chine, later Banque Franco-Chinoise pour le Commerce et l'industrie Paris - Banca Commerciale Italiana France (Comitfrance), later Banca Sudameris France and subsequently Banca Commerciale Italiana France Paris - Banca Commerciale Italiana - Representative Office Paris - Istituto Bancario San Paolo - Representative Office Paris - Istituto Bancario San Paolo - Branch Paris - Banco di Napoli - Branch Paris - Compagnie International de Banque (CIB), later Cariplo Banque and Banca Intesa (France) SA
see in the map
Istituto Bancario San Paolo, later Sanpaolo IMI (IBSP) France