Banca Agricola Popolare di Ragusa

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Banca Agricola Popolare di Ragusa - overview

Established

1902

Location

Ragusa, -, Italy

Primary Industry

Financial Services

About

Banca Agricola Popolare di Ragusa is an Italian cooperative bank offering a wide range of financial services tailored to both individual and business clients, emphasizing accessibility and customer satisfaction. Founded in 1902, Banca Agricola Popolare di Ragusa operates as a cooperative bank in Ragusa, Italy. The bank engages in providing comprehensive banking services without notable pivots in strategy or operations. Banca Agricola Popolare di Ragusa offers a full suite of financial products for individuals and businesses, including banking accounts, financing options, and investment products.


Their services range from traditional current and savings accounts to specialized offerings such as home mortgages and personal loans for young buyers. The bank also provides various insurance solutions to cover health and assets, addressing the needs of families, professionals, and enterprises throughout Italy, all enhanced by a user-friendly digital banking app. In the most recent year of 2023, Banca Agricola Popolare di Ragusa reported revenues of USD 206. 82 mn, with an EBITDA of USD -96.


23 mn. The bank's revenue is generated through interest on loans, banking service fees, and a direct-to-consumer approach, with significant contributions from home loans aimed at first-time buyers and investment products managed in collaboration with other financial institutions. Banca Agricola Popolare di Ragusa is strategizing for future growth through the introduction of new financial products tailored to the evolving needs of its customers. There are plans to expand its market presence in specific regions of Italy, focusing on enhancing its digital banking offerings to improve customer engagement.


Recent funding will support the development of innovative financial solutions and further enhance the bank’s technological infrastructure.


Primary Industry

Financial Services

Sub Industries

Consumer Finance, Investment Banking

Website

www.bapr.it

Verticals

FinTech

Total Amount Raised

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Banca Agricola Popolare di Ragusa - timeline of key events

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Banca Agricola Popolare di Ragusa - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedBAPR's individual portfolio management business-

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