Società Bancaria Italiana
Former Italian bank / From Wikipedia, the free encyclopedia
The Società Bancaria Italiana (SBI, lit. 'Italian Banking Company') was a significant Italian bank, based in Milan. It was established in 1904 by renaming of Società Bancaria Milanese (1898–1904), itsel the successor of Figli Weill Shott & C. (1850–1898). In the early 20th century, it was one of Italy's four dominant universal banks, together with Banca Commerciale Italiana, Credito Italiano, and Banco di Roma.[1]: 14 After narrowly surviving financial distress in 1907 thanks to government intervention, the SBI merged in 1915 with the Società Italiana di Credito Provinciale [it] to form the Banca Italiana di Sconto.