BdM Banca

Banca Popolare di Bari was founded in 1960 as a cooperative bank. The bank absorbed Banca Popolare della Penisola Sorrentina (based in Sorrento Peninsula), Banca Popolare di Calabria (based in Calabria) in the early 2000s. In 2001 it acquired Nuova Banca Mediterranea, a major bank in Basilicata (with branches from Campania and Apulia also). In 2004 Banca Mediterranea was also absorbed into BP Bari. In 2014, BP Bari contributed the capital increases of Banca Tercas, which was under special administration by the state. After the transactions Banca Tercas and its subsidiary Banca Caripe, the major saving banks in Abruzzo, became subsidiaries of BP Bari. In 2016 BP Bari partnered with Aviva in bancassurance for 5-year.

With the state guarantee (Garanzia sulla Cartolarizzazione delle Sofferenze) to senior tranche of the bad debt (Italian: sofferenze), BP Bari securitizated €800 million gross book value of non-performing loan. (in tranches of senior and junior loans) The bank also announced to absorb the two subsidiaries Tercas and Caripe, which only retained as brands. On 1 June 2015, BP Bari received the assets and liabilities of Banca Popolare delle Province Calabre, which was in liquidation.

In December 2019, the Italian government bailed out Banca Popolare di bari for €900 million. In June 2020, Banco Popolare di Bari's shareholders approved a plan to restructure the bank by turning it into a joint stock company as well as injecting 933 million euros in new capital. This new capital was provided by state-owned Banca del Mezzogiorno - MedioCredito Centrale and Fondo Interbancario di Tutela dei Depositi (FITD), the Italian public depositor protection fund. In concrete terms, Mediocredito Centrale - Banca del Mezzogiorno acquired and took control of Banca Popolare di bari. In July 2023, Banca Popolare di bari was renamed as BdM Banca (the acronym BdM stands for Banca del Mezzogiorno).