The Banca Nazionale Toscana (lit. 'Tuscan National Bank') was a credit institution and bank of issue of the Grand Duchy of Tuscany, founded by merger in 1860. It maintained its activity in the Kingdom of Italy until being merged in 1893 with peers including the National Bank of the Kingdom of Italy, forming the Bank of Italy.[2]
History
Six banks of issue emerged in Tuscany during the first half of the 19th century: the Bank of Florence (est. 1816), the Bank of Livorno (est. 1836), the Bank of Siena (est. 1841), the Bank of Arezzo (est. 1846), the Bank of Pisa (est. 1847), and the Bank of Lucca (est. 1849). The Bank of Florence absorbed the Bank of Livorno merged in 1857, and the four other in 1860, upon which it was renamed the Banca Nazionale Toscana.[2]
After the national unification of 1861, the Banca Nazionale Toscana was one of six remaining Italian banks of issue, together with the Banca Toscana di Credito, Banca Romana, Banco di Napoli, Banco di Sicilia