UBI Banca [SEP] inception
UBI Banca
Unione di Banche Italiane S.p.A., commonly known for its trading name UBI Banca, is 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 BPU Banca) and Banca Lombarda e Piemontese banking groups.
UBI Banca shares are listed on the Borsa Italiana and are included in the FTSE MIB index (the blue chip index).
History.
History Banche Popolari Unite.
Banche
UBI Banca, at the same time sold all the shares of BRE to UBI Banca. As of 31 December 2010 UBI Banca owned 75.077% shares of BPCI, followed by the banking foundation (16.237%) and Aviva S.p.A. (8.686%). Before the transaction, Aviva held 16.64% and the rest by UBI Banca.
History Timeline.
- 1963 Incorporated Cassa San Alessandro di Bergamo
- 1968 Acquired Banca Toljia
- 1977 Incorporated Banca Popolare di Codogno
- 1980 Incorporated Credito Lodigiano
- 1991