Banco di Brescia

Banco di Brescia was an Italian banking institution headquartered in Brescia, Lombardy. The bank was created on 1 January 1999 as the new Brescia-focused brand of Group Banca Lombarda, following the 1998 merger of Banca San Paolo di Brescia and Credito Agrario Bresciano (CAB). The merger created the wider banking group while leaving certain subsidiaries, including Banca di Valle Camonica and Banco di San Giorgio, as separate entities. Banco di Brescia therefore represented the principal retail banking identity associated with the two Brescia-based predecessor institutions within the newly consolidated group. The bank operated as a regional commercial bank, providing ordinary banking services and financial products through a branch network concentrated in northern and central Italy. Its principal geographic base was Lombardy, particularly the province and city of Brescia, but its distribution extended beyond the region. As of June 2016, the bank had 288 branches: 205 in Lombardy, 45 in Lazio, 27 in Veneto, 9 in Friuli-Venezia Giulia, and 1 in Trentino-Alto Adige/Südtirol. In Veneto, Friuli-Venezia Giulia, and Trentino-Alto Adige/Südtirol, Banco di Brescia was reported as the only UBI Banca brand operating in those areas, giving the name a specific role in UBI's regional retail network. The bank's corporate setting changed in 2007, when Banca Lombarda was acquired by UBI Banca through an all-share transaction. Banco di Brescia consequently became part of the UBI Banca group while continuing to operate under its established local brand. This arrangement reflected a broader Italian banking model in which a national or multi-regional banking group retained established local names to preserve customer relationships and regional recognition. UBI Banca's 2016 business plan marked the end of that multi-brand approach for retail banking. The group announced that it would discontinue the use of its retail sub-brands in the future. In line with that strategy, Banco di Brescia was absorbed into UBI Banca on 20 February 2017. The absorption ended the bank's existence as a separate legal and customer-facing banking brand. Banco di Brescia is therefore best classified as a defunct Italian regional banking brand whose historical importance lies in the consolidation of Brescia's banking institutions and the subsequent integration of regional brands into UBI Banca.

Banco di Brescia emerged from the consolidation of two Brescia banking institutions. In 1998, Banca San Paolo di Brescia and Credito Agrario Bresciano merged to create Group Banca Lombarda. The transaction combined two established local banking operations into a broader banking group, while certain subsidiaries, including Banca di Valle Camonica and Banco di San Giorgio, remained separate entities rather than being folded directly into the new Brescia bank. As part of the post-merger structure, Group Banca Lombarda established Banco di Brescia as a new brand for the two Brescia-based banks. The brand began on 1 January 1999 and served as the local commercial banking identity within the group. Its role was regional rather than international: the institution was based in Brescia and concentrated much of its network in Lombardy, while also maintaining branches in several other Italian regions. Banco di Brescia later became part of UBI Banca following UBI's 2007 acquisition of Banca Lombarda through an all-share deal. The acquisition placed Banco di Brescia within a larger Italian banking group but did not immediately eliminate its local name. The bank continued to operate as one of UBI Banca's regional retail brands. By June 2016, its network comprised 288 branches, including 205 in Lombardy, 45 in Lazio, 27 in Veneto, 9 in Friuli-Venezia Giulia, and 1 in Trentino-Alto Adige/Südtirol. The brand was particularly significant in the latter three regions, where it was identified as UBI Banca's only brand. The bank also had a connection with local football through sponsorship of Brescia Calcio. Its predecessor, Credito Agrario Bresciano, had sponsored the club from 1991 to 1995. Banco di Brescia later sponsored Brescia Calcio under its own name, while its parent company, Banca Lombarda, briefly sponsored the club from 2001 to 2005 without displaying the subsidiary's name. The final stage of Banco di Brescia's history followed UBI Banca's 2016 business plan. The group decided to move away from the use of retail sub-brands, favoring a unified UBI Banca identity. Banco di Brescia was absorbed into UBI Banca on 20 February 2017. This integration ended the bank's separate existence and concluded the use of Banco di Brescia as an independent banking brand.

1. 2017Banco di Brescia was absorbed into UBI Banca

   The bank was absorbed by its parent company on 20 February, ending its separate corporate existence.

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2. 2016UBI Banca announced a unified retail-brand strategy

   UBI Banca's new business plan stated that the group would stop using its retail sub-brands in the future.

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3. 2007The bank joined UBI Banca

   UBI Banca acquired Banca Lombarda in an all-share transaction, making Banco di Brescia part of the UBI Banca group.

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4. 1999Banco di Brescia was established

   On 1 January, Group Banca Lombarda introduced Banco di Brescia as the new brand for its two Brescia-based predecessor banks.

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5. 1998Banca Lombarda was formed through a merger

   Banca San Paolo di Brescia and Credito Agrario Bresciano merged to form Group Banca Lombarda. Their subsidiaries Banca di Valle Camonica and Banco di San Giorgio remained separate entities.

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Regional Italian commercial bank with a strong Brescia and Lombardy identity, later used as a local retail banking brand within UBI Banca.

• Retail banking servicesRetail banking

  Banco di Brescia operated a branch-based retail banking business serving customers in Brescia, Lombardy, and other Italian regions. The available reference material identifies the institution as a bank and describes its extensive branch network, but does not provide a detailed catalog of named current accounts, cards, mortgages, or investment products.

• Commercial banking servicesCommercial banking

  The bank's regional commercial-banking role included general financial services delivered through its Italian branch network. Specific product names and terms are not identified in the available source material.

• Brescia Calcio sponsorship

  Italy · Brescia

  Banco di Brescia sponsored Brescia Calcio, linking the bank's name with a prominent local football institution and reinforcing its regional identity.

  Source

• 2017Absorption into UBI BancaM&A

  The absorption followed UBI Banca's decision to discontinue the use of its retail sub-brands.

  What changed. On 20 February, Banco di Brescia was legally absorbed into its parent company, UBI Banca.

  Aftermath. Banco di Brescia ceased to exist as a separate bank and its brand was discontinued.

  Source
• 2016UBI Banca adopted a unified retail-brand strategyStrategy

  UBI Banca's new business plan stated that the group would no longer use its retail sub-brands in the future.

  What changed. The group planned to replace its regional retail identities with the UBI Banca brand.

  Aftermath. Banco di Brescia was subsequently absorbed into UBI Banca on 20 February 2017.

  Source
• 2007Integration into UBI Banca following the Banca Lombarda acquisitionM&A

  UBI Banca acquired Banca Lombarda in an all-share transaction, changing the group ownership structure around Banco di Brescia.

  What changed. Banco di Brescia became part of the UBI Banca group while continuing to operate under its established regional brand.

  Aftermath. The bank remained a UBI Banca retail sub-brand until the group's later decision to unify its retail branding.

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• 2017Banco di Brescia absorbed into UBI Banca

  Banco di Brescia ceased to operate as a separate entity when it was absorbed into its parent company, UBI Banca, on 20 February 2017.

  M&A
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• 2016UBI Banca planned to discontinue retail sub-brands

  UBI Banca's new business plan announced that the group would no longer use its retail sub-brands in the future, setting the context for the later absorption of Banco di Brescia.

  Leadership change
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• 2007Banco di Brescia became part of UBI Banca after the Banca Lombarda acquisition

  UBI Banca acquired Banca Lombarda in an all-share transaction, bringing Banco di Brescia into the UBI Banca group.

  M&A
  Source

1. Banco di Brescia