Banco di Roma

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1939 advert showcasing the Banco di Roma's network in Africa and the Middle East

Banco di Roma was an Italian bank based in Rome, established on 9 March 1880. In the first half of the 20th century, it developed a significant network throughout the Eastern Mediterranean and Italian Africa. In 1992 it eventually merged with the Banco di Santo Spirito and altered its name to Banca di Roma.

Overview[edit]

Along with Credito Italiano and Banca Commerciale Italiana, the Banco di Roma was considered as bank of national interest.[citation needed] By 1926, it had 2,756 employees in Italy and 316 overseas, including 145 in Turkey, 77 in Syria and Lebanon, 40 in Palestine, 20 in Malta, 20 in Switzerland, 10 in London, and 2 in New York.[1]: 81 

In 1991, the bank was merged with Banco di Santo Spirito and Cassa di Risparmio di Roma to form Banca di Roma,[2] a predecessor of Capitalia (which was acquired by UniCredit in 2007).

Banco di Roma also owned a reported 30% stake in a Belgian bank in 1989.[3] The Belgian subsidiary, Banco di Roma (Belgio) S.A., was acquired by Monte dei Paschi di Siena (MPS) in 1992.

Banco di Roma also sold subsidiary Banco di Perugia to Banca Toscana, a subsidiary of MPS in 1990.[4][5][6]

References[edit]

  1. ^ J. A. Consiglio (2001), Banco di Roma's Mediterranean Thrust 1900-1952 (PDF), Malta University Historical Society
  2. ^ Ministry of the Treasury (26 January 1991). "Approvazione del progetto di ristrutturazione della Cassa di risparmio di Roma" (in Italian). Italian Republic Official Gazette. Retrieved 16 February 2016.
  3. ^ R.M. Whiteside, ed. (1990). Major Financial Institutions of Continental Europe 1990/91. Graham & Trotman. p. 128. doi:10.1007/978-94-011-3022-6. ISBN 978-1-85333-471-9.
  4. ^ "TRE PRETENDENTI ITALIANI PER IL BANCO DI PERUGIA". La Repubblica (in Italian). 14 April 1990. Retrieved 22 December 2016.
  5. ^ "Gli azionisti sono convocati in assemblea ordinaria e straordinaria in Firenze". Banca Toscana (in Italian). Italian Republic Official Gazette. 27 May 1991. Retrieved 22 December 2016.
  6. ^ "Provvedimento N°107 (C123)Banca Toscana/Banco Perugia" (PDF) (in Italian). Autorità Garante della Concorrenza e del Mercato (AGCM). 3 July 1991. Archived from the original (PDF) on 23 December 2016. Retrieved 22 December 2016.
  7. ^ "Intervento del Presidente della Repubblica all'inaugurazione della nuova sede della Direzione Centrale del Banco di Roma". Portale storico della Presidenza della Repubblica. 23 April 1985.
  8. ^ "Property owners demand keys of Valletta police station". Timesofmalta.com. 1940-08-22. Retrieved 2020-01-28.