UniCredit Banca

UniCredit Banca
Type	Subsidiary
Industry	Financial services
Fate	absorbed by UniCredit
Predecessor	7 retail subsidiaries of UniCredit
Successor	retail division of UniCredit
Founded	1 July 2002
Founder	UniCredit
Defunct	2010
Headquarters	Palazzo Magnani, Bologna, Italy
Number of locations	2346 (2009)
Area served	Northern Italy
Services	retail banking
Net income	€81.851 million (2009)
Total assets	€77.252 billion (2009)
Total equity	€1.811 billion (2009)
Owner	UniCredit (100%)
Parent	UniCredit
Capital ratio	9.80% (Basel II Tier 1)
	Footnotes / references; source[1]

UniCredit Banca S.p.A. was the retail banking division of UniCredit Group. On 1 July 2002, Rolo Banca, Banca CRT, Cariverona Banca, Cassamarca, Cassa di Risparmio di Trento e Rovereto and Cassa di Risparmio di Trieste were merged into Credito Italiano S.p.A. (a new subsidiary of UniCredit incorporated in December 1999), with Credito Italiano was renamed into UniCredit Banca S.p.A.. On 1 January 2003 UniCredit Private Banking and UniCredit Banca d'Impresa were spin off from UniCredit Banca

After UniCredit acquired Capitalia Group in an all-share deal in 2007, UniCredit Group gained the brand Banca di Roma and Banco di Sicilia. UniCredit Banca exchanged branches with the two sister companies (as well as absorbing Bipop Carire), making UniCredit Banca was specialized in the northern Italy. 3 branches of former UniCredit Banca were sold to fellow Italian bank Banca Carige.[2]

In 2010, UniCredit Banca was absorbed by the parent company UniCredit S.p.A., becoming the retail division of the company.

References

"2009 Bilancio" [2009 Annual Report] (PDF). UniCredit Banca (in Italian). UniCredit. 7 June 2010. Retrieved 21 December 2016 – via Borsa Italiana.
"Trasferimento del ramo d'azienda consistente in n°38 sportelli dalle banche del Gruppo UniCredit" (PDF) (in Italian). UniCredit / Banca Carige. 2 October 2008. Retrieved 14 April 2016.

External links

Official website

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.

[1] "2009 Bilancio" [2009 Annual Report] (PDF). UniCredit Banca (in Italian). UniCredit. 7 June 2010. Retrieved 21 December 2016 – via Borsa Italiana.

[2] "Trasferimento del ramo d'azienda consistente in n°38 sportelli dalle banche del Gruppo UniCredit" (PDF) (in Italian). UniCredit / Banca Carige. 2 October 2008. Retrieved 14 April 2016.