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

The bank was formed in 1987 by the merger of

Banca del Monte di Milano 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 * ...

and

Banca del Monte di Pavia e 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 * ...

. In 1995 the bank merged with

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 ...

to form

Banca Regionale Europea Banca Regionale Europea was an Italian bank based in Cuneo, Piedmont. The bank was a merger of Cassa di Risparmio di Cuneo and Banca del Monte di Lombardia in 1995. History In 2000, the bank joined Group Banca Lombarda e Piemontese. Banca Lombarda ...

, which later part of Banca Lombarda bank 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 G ...

), the predecessor of

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 ...

Bank Foundation

The former owner of the bank, Fondazione Banca del Monte di Lombardia (the bank foundation), was found in 1992 due to Italian banking reform (

Legge Amato Legge is a surname. Notable people with the surname include: *Alexander Legge (1866–1933), US businessman, president of International Harvester * Anthony Legge (1939–2013), British archaeologist specialized in zooarchaeology *Arthur Kaye Legge ...

). In 2000 the foundation sold part of their shares on Banca Regionale Europea, in exchange for the shares of Banca Lombarda e Piemontese. In 2010 the foundation acquired minority interests in

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 sold the shares on Banca Regionale Europea.

References

External links

Fondazione Banca del Monte di Lombardia
Banks established in 1987 Banks disestablished in 1995 Italian companies disestablished in 1995 Defunct banks of Italy Companies based in Pavia History of UBI Banca Mounts of piety Italian companies established in 1987 {{Italy-bank-stub