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crivelli pieta

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Discusses features of Italy's largest bank.

... USD and the exchange rate for the bank is .0501. The company has 2.6 billion shares outstanding.
Current stock price and data for the company is strong. Dividends were 200.02. The year to date high is 7,512.72. The low is 5131.12. The current market price is 5,808.81. The book value is 3,927.58. Total have grown an average of 10% per year for the last two years. Company growth rates continue to rise and the company is very profitable.
The bank has an old an illustrious history. In 1472 the courts of Sienna founded Monte di Pieta. The purpose of the bank was to offer banking services to people hard hit by local economic conditions. Shortly thereafter, the bank increased the number of services it offered. In 1624, the state of Sienna was absorbed into the Grand Duchy of Tuscany. Grand Duke Ferdinando II of Tuscany stepped forward to guarantee the bank’s deposits. The bank took the name Banca Monte Dei Paschi that same year. After the Unification of Italy in 1861, the bank continued its geographical and financial expansion, offering more and more services along the way.
After WWI banca Monte Dei Paschi merged Credito Tuscano with banca di Firenze ...

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