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Interbanca SpA

History:

INTERBANCA S.p.A., with its registered offices in Corso Venezia 56, was set up in 1961 by Banco Ambrosiano, Banca d'America e d'Italia and Banca Nazionale dell'Agricoltura. Since its incorporation, it has been very active in lending and financing transactions for medium sized companies.After its entry into Antonveneta Group (the seventh most important Italian banking group) in 1997, Interbanca takes a strategic role on equity investments, investment banking and securities trading assisted by its new management team with proven experience and success. The bank's services are mainly aimed at medium sized companies. Accordingly it has set up special functions which have enabled the rapid development of new services.Following its Public Offering, the bank's shares have been listed on the stock exchange since June 1999.Banca Antonveneta launched, in February 2003, a complete acquisition tender offer for all of Interbanca's ordinary shares and bonds convertible into ordinary shares, made to obtain 100% of its share capital and delist it from the Stock Exchange.
In January 2006 Interbanca within the Parent Bank Antonveneta enters into the dutch Group ABN AMRO.
In June 2008 GE Commercial Finance and Banco Santander SA signed a definitive agreement to swap certain previously announced European assets(March 27th 2008). Under the agreement, GE will acquire Interbanca, assigned to Banco Santander following the carve-up of ABN Amro last year.
January 2009 GE Capital completes the acquisition of Interbanca by Banco Santander.

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