The was formed in late 1934 by reorganization of the former
Banca del Trentino e dell'Alto Adige, itself formed in 1927 by merger of two local cooperative banks established in the late 19th century. Unlike these predecessors, the new institution was formed as a
joint-stock company, in which four public banks (
Banco di Sicilia,
Banca Monte dei Paschi di Siena,
Istituto Bancario San Paolo di Torino, and
Banco di Napoli) together owned 90 percent of equity capital. In 1936, the local investment entity (SAFIT, known as from 1929 to 1935 and as after 1978) acquired majority ownership. The bank subsequently opened branches in
Rovereto,
Riva del Garda,
Borgo Valsugana,
Cavalese,
Cles,
Egna,
Pergine Valsugana, and
Tione di Trento, all (except Egna) localities of the
Trentino region. In 1981, the bank opened a representative office in
Rome, and in 1984 another one in
Munich. ==See also==