1882 - BANCA INDUSTRIA E COMMERCIO

Banca Popolare Commercio e Industria, was an Italian credit institution. In 2016 it was incorporated into UBI Banca.

The bank was established on December 28, 1888 on the initiative of 77 industrialists and mostly Milanese merchants. The institute reaches a strong expansion in the second half of the twentieth century, with the acquisitions of other credit companies, such as Cassa San Alessandro di Bergamo (1963), Banca Toljia (1968), Banca Popolare di Codogno (1977), Credito Lodigiano (1980), Banca Popolare di Vigevano (1991), Banca Popolare di Luino and Varese (1996) and Banca Carime (2001).

In 1996, the Banca Popolare Commercio e Industria Banking Group was established, with headquarters in Luxembourg, and in 1999 founded the first fully virtual bank, ONBanca SpA, then sold to Unicredito Italiano through its subsidiary Xelion Banca.

On December 13, 2002, a merger was announced between Banca Popolare di Bergamo, Banca Popolare Commercio e Industria and Banca Popolare di Luino and Varese, authorized by the Bank of Italy in March 2003 and approved by the shareholders' meetings in May 2003, giving rise to the United Popular Banks Group.

The Banche Popolari Unite group subsequently merged with Banca Lombarda e Piemontese in 2007, creating UBI Banca, of which BPCI was for some years a "network bank".

Lastly, Banca Popolare Commercio e Industria (which at the end of 2015 had 196 branches located mainly in Lombardy and 1559 employees) is incorporated into Ubi Banca with effect from 21 November 2016. In December 2016, the former headquarters of the bank, located in the historic center of Milan, in via Moscova 33 (a building born at the end of the 19th century and also known as the Silk Courtyard), is sold to the real estate investment fund Sericon Investment Fund, managed by Savills Investment Management Sgr with a capital gain of 20 million euro .