Banca Commerciale Italiana

The bank with an international DNA that made a vital contribution to Italy’s economy and large-scale industry.

Looking through the documents in the archives of Banca Commerciale Italiana, founded in Milan on 10 October 1894, means discovering the history of a banking institution which made one of the greatest contributions to Italy’s economic growth during the early decades of the 20th century by funding the country’s new industrial structure; but it was also one of the first to operate in international markets , through a network of branches and subsidiary banks which made it the leading Italian financial institution overseas.



Banca Commerciale Italiana is founded by a consortium of German, Austrian and Swiss banks


It begins expanding abroad, opening its first foreign branch in London


The bank grows its international network in Eastern Europe, the Mediterranean and America


Comit is rescued by the Italian government and IRI (Istituto per la Ricostruzione Industriale – Institute for Industrial Reconstruction) becomes the majority shareholder


BCI becomes a commercial bank and is designated a bank of national importance


Banca Commerciale Italiana is listed on the Stock Exchange


Comit is privatised, enabling it to return to being a full-service bank


Banca Intesa acquires a 70% stake in Banca Commerciale Italiana


Comit merges with Banca Intesa, creating IntesaBci SpA