Banca Regionale Europea

Banca Regionale Europea was an Italian banking institution based in Cuneo, in the Piedmont region. It was created in 1995 through the merger of Cassa di Risparmio di Cuneo and Banca del Monte di Lombardia, bringing together two institutions with regional banking backgrounds. The resulting bank served customers in Piedmont and other parts of northern Italy through a branch network and provided the conventional services associated with a commercial and retail bank, although the available reference material does not provide a detailed product catalogue or financial profile. The bank became part of a broader consolidation of Italian regional banks. In 2000, it joined Group Banca Lombarda e Piemontese, which held 50.11% of Banca Regionale Europea at that time. During the same period, Banca Lombarda transferred to Banca Regionale Europea its entire holding in Banca Cassa di Risparmio di Tortona, a Piedmont-based bank in which it owned 60%. Banca Cassa di Risparmio di Tortona was subsequently merged into Banca Regionale Europea in 2006, expanding the latter's integrated operations. Banca Regionale Europea continued to participate in the restructuring of the group banking sector. In 2007, following the merger of Banca Lombarda e Piemontese with Banche Popolari Unite, the bank became part of the newly formed UBI Banca Group. Another institution, Banco di San Giorgio, was merged into Banca Regionale Europea in 2012. By 31 December 2014, Banca Regionale Europea accounted for 208 of UBI Banca's 1,560 branches, or approximately 13% of the group network. This placed it among the larger constituent banking networks within UBI, alongside former Banca Lombarda companies and banks inherited from Banche Popolari Unite. Ownership remained shared among institutional and foundation-linked shareholders for part of the bank's existence. In 2010, UBI Banca exchanged shares in Banca Popolare Commercio e Industria and Banca Regionale Europea with the former owner of Banca del Monte di Lombardia. Following that transaction, UBI Banca's ownership ratio reached 74.9437%. The Cassa di Risparmio di Cuneo Foundation still held 24.90% of Banca Regionale Europea as of 31 December 2014. The brand and legal entity ultimately disappeared through group integration rather than a standalone bankruptcy or liquidation. Under UBI Banca's new business plan, Banca Regionale Europea was absorbed into its parent company in November 2016. The bank also had a local community presence through sponsorship of A.S.D. Cuneo Calcio Femminile. No independently documented current operations, successor consumer brand, listed ticker, or standalone website are identified in the supplied reference material.

Banca Regionale Europea was established in 1995 through the merger of Cassa di Risparmio di Cuneo and Banca del Monte di Lombardia. Its registered base was in Cuneo, Piedmont, and its identity reflected the combination of two regional banking institutions rather than the creation of a newly international financial brand. The bank operated as an Italian regional bank, serving customers through a branch network and participating in the consolidation of the country's fragmented banking sector. The next major stage came in 2000, when Banca Regionale Europea joined Group Banca Lombarda e Piemontese. At that time, Banca Lombarda held 50.11% of the bank. The group also transferred to Banca Regionale Europea its entire 60% interest in Banca Cassa di Risparmio di Tortona, another bank based in Piedmont. This transaction linked the two institutions more closely and prepared the way for further operational consolidation. In 2006, Banca Cassa di Risparmio di Tortona was merged into Banca Regionale Europea. In 2007, Banca Lombarda e Piemontese merged with Banche Popolari Unite, creating the UBI Banca Group. Banca Regionale Europea followed its holding company into the new group and became one of UBI's regional banking components. In 2010, UBI Banca exchanged shares in Banca Popolare Commercio e Industria and Banca Regionale Europea with the former owner of Banca del Monte di Lombardia. After the transaction, UBI Banca's ownership ratio in Banca Regionale Europea reached 74.9437%. Despite UBI's controlling position, the Cassa di Risparmio di Cuneo Foundation retained 24.90% of the shares as of 31 December 2014. The bank expanded its incorporated operations again in 2012, when Banco di San Giorgio was merged into it. Its importance within the UBI network can be seen in the branch statistics for 31 December 2014: Banca Regionale Europea represented 208 of UBI Banca's 1,560 branches, equivalent to approximately 13% of the total. It was behind several other major constituent networks, including Banco di Brescia and Banca Popolare di Bergamo, and had a branch count equal to Banca Popolare di Ancona. Banca Regionale Europea maintained a local institutional and community profile in addition to its banking activities. One documented example was sponsorship of A.S.D. Cuneo Calcio Femminile. The available source material does not identify named chief executives, detailed financial results, a public ticker, or a standalone website. The final stage was legal and organizational integration. As part of UBI Banca's new business plan, Banca Regionale Europea was absorbed into the parent company in November 2016. It therefore became a defunct standalone banking entity, with its activities and identity folded into the wider UBI structure. The supplied references describe mergers, ownership changes, branch presence, and sponsorship, but do not document scandals, lawsuits, recalls, or bankruptcy proceedings involving the bank.

1. 2016Absorption into UBI Banca

   The bank was absorbed into its parent under UBI Banca's new business plan in November.

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2. 2014Documented UBI branch-network presence

   At 31 December, Banca Regionale Europea represented 208 of UBI Banca's 1,560 branches, or approximately 13% of the group network.

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3. 2012Integration of Banco di San Giorgio

   Banco di San Giorgio was merged into Banca Regionale Europea.

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4. 2007Transfer into UBI Banca Group

   The bank became part of UBI Banca Group after the merger of Banca Lombarda e Piemontese and Banche Popolari Unite.

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5. 2006Integration of Banca Cassa di Risparmio di Tortona

   Banca Cassa di Risparmio di Tortona was merged into Banca Regionale Europea.

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6. 2000Entry into Group Banca Lombarda e Piemontese

   The bank joined Group Banca Lombarda e Piemontese, which held 50.11% of its shares and transferred its stake in Banca Cassa di Risparmio di Tortona to it.

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7. 1995Creation through merger

   Cassa di Risparmio di Cuneo and Banca del Monte di Lombardia merged to form Banca Regionale Europea.

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A regional Italian bank serving households, businesses, and local communities in Piedmont and related northern Italian markets, with its identity rooted in the consolidation of historic savings and regional banking institutions.

• Retail bankingBanking services

  The bank operated as a regional Italian bank serving personal and household customers through its branch network. The supplied references do not specify individual account products, card brands, or digital services.

• Commercial bankingBanking services

  Banca Regionale Europea's regional-bank model also included services for businesses and local economic activity. Specific lending, treasury, or corporate products are not identified in the available reference material.

• Branch banking networkDistribution

  The bank's principal customer-facing platform was its branch network. By the end of 2014, 208 branches associated with Banca Regionale Europea represented approximately 13% of UBI Banca's total branch network.

• A.S.D. Cuneo Calcio Femminile sponsorship

  Cuneo · Piedmont · Italy

  Banca Regionale Europea sponsored A.S.D. Cuneo Calcio Femminile, providing a documented example of the bank's local community and sports involvement.

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• 2016Absorb Banca Regionale Europea into UBI BancaM&A

  UBI Banca's new business plan called for greater integration of its constituent banking entities.

  What changed. UBI Banca absorbed Banca Regionale Europea in November 2016.

  Aftermath. Banca Regionale Europea ceased to exist as a separate bank and became part of its parent company's integrated structure.

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• 2012Merge Banco di San GiorgioM&A

  The bank continued to absorb institutions within its wider banking group.

  What changed. Banco di San Giorgio was merged into Banca Regionale Europea.

  Aftermath. The merger further expanded the operations administered under the Banca Regionale Europea entity.

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• 2006Merge Banca Cassa di Risparmio di TortonaM&A

  The Tortona bank had been transferred to Banca Regionale Europea as part of the preceding group reorganization.

  What changed. Banca Cassa di Risparmio di Tortona was merged into Banca Regionale Europea.

  Aftermath. The integration consolidated the two Piedmont-based banking operations within Banca Regionale Europea.

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• 2000Join Group Banca Lombarda e Piemontese and receive Tortona holdingM&A

  The bank was being incorporated into a larger regional banking group, while the group held a controlling stake and owned 60% of Banca Cassa di Risparmio di Tortona.

  What changed. Banca Regionale Europea joined Group Banca Lombarda e Piemontese, and Banca Lombarda transferred its entire holding in Banca Cassa di Risparmio di Tortona to the bank.

  Aftermath. The transaction preceded the 2006 merger of Banca Cassa di Risparmio di Tortona into Banca Regionale Europea.

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• 2016Banca Regionale Europea absorbed into its parent

  Under UBI Banca's new business plan, Banca Regionale Europea was absorbed into the parent company in November 2016, ending its existence as a separate bank.

  M&A
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• 2012Banco di San Giorgio merged into Banca Regionale Europea

  Banco di San Giorgio was absorbed into Banca Regionale Europea as part of the continuing consolidation of the banking group.

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• 2007Banca Regionale Europea enters the UBI Banca Group

  Following the merger of Banca Lombarda e Piemontese with Banche Popolari Unite, Banca Regionale Europea became part of the UBI Banca Group.

  M&A
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• 2006Banca Cassa di Risparmio di Tortona merged into Banca Regionale Europea

  Banca Cassa di Risparmio di Tortona, a Piedmont-based bank, was incorporated into Banca Regionale Europea.

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• 2000Banca Regionale Europea joins Group Banca Lombarda e Piemontese

  Banca Regionale Europea became part of Group Banca Lombarda e Piemontese. The group held 50.11% of the bank's shares at the time and transferred its stake in Banca Cassa di Risparmio di Tortona to Banca Regionale Europea.

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1. Banca Regionale Europea