1915 - BANCA DI REGGIO EMILIA - 1 AZIONE

History of Banca di Reggio Emilia

The Banca di Reggio Emilia was established on December 4, 1908, as a joint-stock company headquartered in the city of Reggio Emilia. Its primary mission was to support the economic and financial development of the province by offering banking services to businesses and individuals.

Authorized by a decree dated December 10, 1908, the bank increased its share capital in 1914, from 1,300,000 Lire to 2,500,000 Lire, divided into 2,600 shares of 500 Lire each. The bank's term was set to last until December 31, 1969, unless extended.

The bank played a significant role in fostering the economic growth of the region, financing productive activities and infrastructural projects in the Reggio Emilia area.

Certificate Description

• Design: The certificate features an elaborate blue decorative border with floral details, lending elegance and formality to the document. The company details and title are embossed.
• Nominal Value: The certificate represents one share with a nominal value of 500 Lire.
• Features: It is a bearer certificate, granting the holder the right to receive dividends and participate in shareholders' meetings.
• Signature: The document is signed by two administrators, certifying its authenticity.

Historical and Collectible Significance

1. Economic Relevance: The Banca di Reggio Emilia exemplifies a local financial institution established in the early 20th century to support regional economic growth.
2. Unique Design: The refined decoration and use of distinctive graphic elements make the certificate particularly appealing to collectors.
3. Rarity: Certificates from the Banca di Reggio Emilia are rare, especially those issued during the bank's early years of operation.