Announces partnership agreement with Banca Popolare di Puglia e Basilicata
Anima Holding and Banca Popolare di Puglia e Basilicata signed a partnership in the asset management business lasting eight years, according to which ANIMA Group is granted preferential access to the banks distribution network. Such access consists, in particular, training activities, product engineering and development according to the specific BPPBs clients needs.
The agreement is similar in its guidelines to those signed by ANIMA with the other three strategic partners (BMPS, BPM and CreVal), and aims at further developing the asset management activities of the bank, which currently has 137 branches mainly concentrated in Southern Italy. As of December 31st 2013 BPPB indirect deposits reached €2.5 billion (of which around €450 million in mutual funds). - Source TradeTheNews.com
