UBI Banca
Piazza Vittorio Veneto, 8, Bergamo, Lombardia, 24122, Italy
Overview
UBI Banca is the fifth largest banking group in Italy for number of branches, with a market share of around 6% and a significant presence in the regions with the highest potential of the country. UBI Banca is a cooperative Group, listed on the Milan Stock Exchange and included in the FTSE MIB
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Banking
- Financial Services
- FinTech
Investment portfolio
- PerMicro
Participated · Equity · Feb 2011
PerMicro is a non-bank microfinance institution (MFI) focused on providing micro-credit to micro-entrepreneurs and micro-businesses in Italy. It offers micro-loans of up to €25,000 to entrepreneurs starting or developing businesses, including self-employment. The institution aims to cooperate with NGOs and other social associations and targets people who have difficulties accessing traditional banking, including immigrant resident groups. Led by President Corrado Ferretti, PerMicro reported that at 31 December 2010 it had granted 995 micro-loans totaling €5m. The company said it will use newly raised resources to support micro-businesses and micro-entrepreneurs in Italy.
Team
No current team members are available.