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Banca di Roma

From Alfawiki
Banca di Roma
Company typeSubsidiary (former)
IndustryFinancial services
Founded1992
FateIntegrated into UniCredit in 2010
Headquarters
Rome
,
Italy
Area served
Italy (central and southern regions)
ParentUniCredit (from 2007)

Banca di Roma was an Italian financial institution headquartered in Rome, established in 1992 through the consolidation of Banco di Santo Spirito and Banco di Roma. Beginning in 2008, it functioned as a subsidiary of UniCredit under the designation UniCredit Banca di Roma S.p.A.. In 2010, the entity was integrated into UniCredit, although its brand name continued to be maintained as a registered trademark.

As of 2008, the bank maintained a network of 1,533 branches, with 608 located in Lazio, 219 in Campania, 173 in Apulia, 171 in Tuscany, and additional branches spread throughout central and southern regions of Italy. Meanwhile, services in Sicily and Northern Italy were provided by affiliated institutions Banco di Sicilia and UniCredit Banca, respectively.

History

The formation of Banca di Roma S.p.A. resulted from the merger involving Banco di Santo Spirito, Banco di Roma, and Cassa di Risparmio di Roma. In accordance with the Legge Amato reform enacted in 1991—which mandated Italian savings banks () to transition into joint-stock companies (S.p.A.)—the banking activities of Cassa di Risparmio di Roma were absorbed by Banco di Santo Spirito. Its controlling entity, Fondazione Cassa di Risparmio di Roma, chose to establish a holding company named "Cassa di Risparmio di Roma Holding" (Società Italiana di Partecipazioni Bancarie) rather than continuing as an independent banking institution.

In 1992, Banco di Santo Spirito merged with Banco di Roma to create Banca di Roma, adopting a refreshed corporate identity. That same year, the bank acquired minority interests in , which were subsequently divested by 1998.

The organizational structure of Banca di Roma was further streamlined in 1994 through the absorption of its subsidiary "Banca di Roma Holding."

Banca di Roma Group

During the late 1990s, Banca di Roma expanded its operations by transforming into a banking group through acquisitions of Banca Mediterranea, Banco di Sicilia, and Mediocredito Centrale. Additionally, its subsidiary Mediocredito di Roma merged with Mediocredito Centrale in 2000.

In that year, Banca Mediterranea was privatized and rebranded as Nuova Banca Mediterranea. By 2001, Nuova Banca Mediterranea was sold to a consortium led by Banca Popolare di Bari and Veneto Banca, with the institution being dismantled by 2002.

As a division of Capitalia

In 2002, the Banca di Roma Group combined forces with Bipop Carire to establish Capitalia. Capitalia was subsequently acquired by UniCredit in 2007, bringing Banca di Roma under UniCredit’s ownership.

As a subsidiary of UniCredit

In 2008, UniCredit divested 11 branches of Banca di Roma to Banca Carige. The bank was reorganized as UniCredit Banca di Roma S.p.A. (P.IVA 09976231002), overseeing all UniCredit branches across Southern and Central Italy, while its sister company UniCredit Banca concentrated on operations in Northern Italy.

By 2010, UniCredit completed the full integration of UniCredit Banca, Banca di Roma, and Banco di Sicilia into its unified structure.