Banca Popolare

Banca Popolare refers to a type of cooperative bank primarily found in Italy. These banks are owned and managed by their members, who are also customers, allowing them to participate in decision-making and profit-sharing. The goal of Banca Popolare is to support local economies by providing accessible financial services, such as loans and savings accounts, while focusing on community interests over profit maximization. This structure promotes social responsibility and fosters a strong connection between the bank and its community, distinguishing it from traditional profit-driven banks.