Banca Regionale Europea was an Italian bank based in Cuneo, Piedmont. The bank was a merger of

Cassa di Risparmio di Cuneo Cassa di Risparmio di Cuneo S.p.A. was an Italian savings bank based in Cuneo, Piedmont. The organization ceased to operate as a bank but as a non-profit organization as ''Fondazione Cassa di Risparmio di Cuneo''. History Cassa di Risparmio di Cune ...

and

Banca del Monte di Lombardia Banca del Monte di Lombardia was an Italian regional bank and a charity organization. Due to 1990s banking reform, a S.p.A. and Fondazione Banca del Monte di Lombardia were formed, which the former was merged with another bank in 1995. History T ...

in 1995.

History

In 2000, the bank joined Group

Banca Lombarda e Piemontese Banca Lombarda e Piemontese was an Italian banking group. It was formed as Banca Lombarda in 1998 by the merger of Banca San Paolo di Brescia (with subsidiary Banca di Valle Camonica) and Credito Agrario Bresciano (with subsidiary Banco di San ...

. Banca Lombarda held 50.11% shares of BRE at that time, as well as sold all the shares it held at Banca Cassa di Risparmio di Tortona (60%; a bank based in Piedmont), to BRE. In 2006 Banca CR Tortona, was merged into Banca Regionale Europea, as well as Banco di San Giorgio in 2012. The bank also followed the holding company to join

UBI Banca Unione di Banche Italiane S.p.A., commonly known for its trading name UBI Banca, was an Italian banking group, the fifth largest in Italy by number of branches. It was formed on 1 April 2007 from the merger of the Banche Popolari Unite (trading ...

Group in 2007 (a merger with

Banche Popolari Unite Unione di Banche Italiane S.p.A., commonly known for its trading name UBI Banca, was an Italian banking group, the fifth largest in Italy by number of branches. It was formed on 1 April 2007 from the merger of the Banche Popolari Unite (trading ...

). As of 31 December 2014, out of 1560 branches of UBI Banca, 13% were Banca Regionale Europea (208), behind former sister companies of Group Banca Lombarda,

Banco di Brescia Banco di Brescia San Paolo CAB S.p.A., known as Banco di Brescia, was an Italian bank based in Brescia, Lombardy. On 20 February 2017 it was absorbed into the parent company UBI Banca. The bank had 288 branches (as of June 2016): 205 in Lombardy, ...

288, and former Banche Popolari Unite companies

Banca Popolare di Bergamo Banca may refer to: Places * Bangka Island, an island lying east of Sumatra, part of Indonesia * Banca, Pyrénées-Atlantiques, a commune of the Pyrénées-Atlantiques ''département'', France * Banca, Tasmania, a locality in Tasmania, Australia * ...

(351),

Banca Carime Banca Carime S.p.A. was an Italian bank based in Cosenza, Calabria. The bank was a subsidiary of UBI Banca. As of 31 December 2015, the bank had 216 branches (all located in Southern Italy), serving Calabria (84 branches), Apulia (93 branches), ...

(216); as well as tied with

Banca Popolare di Ancona Banca Popolare di Ancona S.p.A. is an Italian bank based in Jesi, in the Province of Ancona, Marche. it is a subsidiary of UBI Banca. History The former cooperative bank was found in 1891 in Jesi as Banca Popolare Cooperativa di Jesi. In 1956 the ...

(208). As of 31 December 2014, the former owner of CR Cuneo, CR Cuneo Foundation, still held 24.90% of the shares of Banca Regionale Europea. In 2010

exchanged the shares of

Banca Popolare Commercio e Industria Banca Popolare Commercio e Industria S.p.A. (BPCI) was an Italian bank based in Milan, Lombardy. Found in 1888, the bank absorbed other banks in the 20th century, as well as forming bank group with other banks in the first decade of the 21st centu ...

and Banca Regionale Europea with the former owner of

. That year UBI Banca reached an ownership ratio of 74.9437%. As part of the new business plan of the banking group, Banca Regionale Europea was absorbed into the parent company in November 2016.

Sponsorship

The bank was a sponsor of A.S.D. Cuneo Calcio Femminile.

References

{{Authority control Banks established in 1995 Defunct banks of Italy Companies based in Piedmont Cuneo Former UBI Banca subsidiaries Italian companies established in 1995