Crac Popolare di Bari, Adiconsum insures bondholders

BARI – The commissioners of Banca Popolare di Bari “have formalized that there is no problem for those who have invested in bonds and have expressed their willingness to find forms of relief for savers who have invested in shares”. Adiconsum makes it known, with reference to a meeting held yesterday in Bari between consumer associations and commissioners who have been managing the Bari credit institution since 13 December.

“The commissioners – Adiconsum explains – reiterated the importance of defining an adequate industrial plan within a short timeframe which also assumes the transformation of the bank into a SPA, from which the agreement with Medio Credito Centrale and the Interbank Deposit Protection Fund for the indispensable capital injections (around 1.4 billion euros) “. The consumer association expressed to the commissioners “the need to define an industrial plan shared with the social partners, going beyond those who also hinder the bank’s recovery from within” by reiterating “how the bank’s reputation and trust recovery are the necessary conditions to be truly bank of the territory »

EXPOSED TO BANKITALIA – A complaint to the Bank of Italy was presented, through the Konsumer Italy association, by four savers from Banca Popolare di Bari who “have been waiting for 90 days for the delivery of the documents they have requested without any reply from the bank ». This was announced by the lawyer Massimo Melpignano who assists savers, national bank and finance manager of Konsumer Italy.
“Already in November 2019, before the commissioner” there had been “an injunction issued by the Court of Bari – explains the lawyer Melpignano – on the appeal of an associate of Konsumer Italy, who had unsuccessfully requested from Banca Popolare di Bari for months to gain possession of the documents relating to the investment operations carried out. Even after the commissioner (of 13 December 2019, editor’s note), Banca Popolare di Bari continues in this impeding behavior and which harms the right of shareholders and bondholders to clarify what happened ».