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History

19/08/1851
Creation of Cassa di Risparmio di Vercelli.

28/07/1856
Creation of Cassa di Risparmio di Biella.
 
27/12/1991
Establishment of Cassa di Risparmio di Vercelli S.p.A.(Capital fully-owned by Foundation Cassa di Risparmio di Vercelli).

21/07/1992
Establishment of Cassa di Risparmio di Biella S.p.A.(Capital fully-owned by Foundation Cassa di Risparmio di Biella).

23/11/1994
Creation of Cassa di Risparmio di Biella e Vercelli S.p.A. - BIVERBANCA.Capital, equal to 235 billion lire, held by:- Foundation Cassa di Risparmio di Biella (73.8%);- Foundation Cassa di Risparmio di Vercelli (26.2%).

30/01/1997
Signing of the contract between Foundation Cassa di Risparmio di Biella, Foundation Cassa di Risparmio di Vercelli and Banca Commerciale Italiana providing for the gradual handover to COMIT of 55% of BIVERBANCA's shares by October 1999.  BIVERBANCA's share capital as of this date is held by:- Banca Commerciale Italiana (55%);- Foundation Cassa di Risparmio di Biella (33.22%);- Foundation Cassa di Risparmio di Vercelli (11.78%).

20/12/2007
On 20 December 2007 Biverbanca became part of the MPS Group, having Intesa Sanpaolo (ISP) and Banca Monte dei Paschi di Siena (MPS) finalized the sale - agreed on 4 June 2007 - to MPS of the 55% Biverbanca stake owned by ISP.

2008
During the first year Banca Monte dei Paschi di Siena, the new parent company, has further increased its shareholding up to 59% whilst the Foundations CRB and CRV stakes passed to 35% and 6% respectively.

2010
On 25 October 2010 Biverbanca’s shareholding structure changed as follows: Banca Monte dei Paschi di Siena 60.42%, Foundation CRB 33.44% and Foundation CRV 6.14%.