The Banca Nazionale di Credito (BNC, lit. 'National Credit Bank') was a significant Italian bank during the 1920s. It was founded in 1922 to manage the liquidation of the Banca Italiana di Sconto (BIS), the country's third-largest bank that had failed the previous year.[1]
In 1926, the Istituto Liquidazioni was established for the purpose of managing the legacies of failed banks,[2] and took over that activity from the BNC,[3] which nevertheless continued operating as a major bank.
Future Bank of Italy governor Donato Menichella worked at the BNC from 1924 to 1931.[4]
The BNC was still the country's third-largest bank in 1930, when it was purchased by Credito Italiano