Banca Cattolica di Trento

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The Banca Cattolica di Trento or Banca Cattolica Trentina was a cooperative bank founded in 1899 in Trento, County of Tyrol.

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Overview

The bank was established in 1899 with support from the Catholic Church, [1] : 6  partly in response to the creation 13 years earlier of the Banca Cooperativa di Trento which emanated from the local liberal bourgeoisie. [2] The new institution was intended as a central financial entity for the expanding network of local cooperative banks that was flourishing in the region in the wake of Pope Leo XIII's encyclical Rerum novarum of 1891. [1] : 6 

In 1907, Banca Cattolica di Trento sponsored a majority-owned investment banking affiliate, the Banca Industriale di Trento, which started operations in January 1908. [3] From 1908 to 1912, Alcide De Gasperi was vice-president and one of the three executive board members of the Banca Industriale. [4] : 55 

In 1923, the bank inaugurated a new head office building in Trento, designed by architects Guido Ferrazza and Ottavio Cabiati. [5]

In 1927, the Fascist regime, motivated to reduce the local influence of both the church and liberal networks, forced the merger of the Banca Cattolica, then chaired by senator Enrico Conci  [ it ], with the Banca Cooperativa di Trento. [6] The merged entity, named Banca del Trentino e dell'Alto Adige, soon experienced financial distress and closed on 14 June 1933. [7] The Banca Industriale di Trento subsequently went into liquidation on 10 July 1933, [3] a process that was completed in 1935. [8] The bank's former operations were restructured in late 1934 to form the Banca di Trento. [9]

See also

References

  1. 1 2 Gianluca Salvatori (2011), La cooperazione in Trentino attraverso 120 anni di trasformazioni (PDF), EURICSE – European Research Institute on Cooperative and Social Enterprises
  2. ↑ "Banca Cattolica di Trento". Mappa Storica - le radici al plurale di Intesa Sanpaolo. Retrieved 27 July 2025.
  3. 1 2 "Società per azioni Banca industriale di Trento", Trentino Cultura, retrieved 27 July 2025
  4. ↑ Luoghi Simboli Suggestioni - Museo Casa De Gasperi. Fondazione Trentina Alcide De Gasperi. 2009.
  5. ↑ "1923 TRENTO Banca Cattolica Trentina - Facciata nuova sede". PicClick IT. Retrieved 27 July 2025.
  6. ↑ "Banca Cooperativa di Trento". Mappa Storica - le radici al plurale di Intesa Sanpaolo. Retrieved 27 July 2025.
  7. ↑ "Banca del Trentino e dell'Alto Adige". Mappa Storica - le radici al plurale di Intesa Sanpaolo. Retrieved 27 July 2025.
  8. ↑ "Scheda del complesso archivistico : Società per azioni Banca industriale di Trento". Trentino Cultura. Retrieved 27 July 2025.
  9. ↑ "Banca di Trento e Bolzano". Mappa Storica - le radici al plurale di Intesa Sanpaolo. Retrieved 27 July 2025.


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