Banca Tirrenica

Banca Tirrenica
Nuova Banca dell'Etruria e del Lazio
Formerly	Banca Popolare dell'Etruria e del Lazio
Company type	cooperative (former legal form); società per azioni (legal form); subsidiary (since 2017); state-owned (2015–2017); public coop/company (1998–2015); unlisted coop (1881–1998);
Traded as	BIT:PEL (former)
ISIN	IT0004919327
Industry	Financial services
Predecessor	Banca Popolare Aretina; Banca Popolare dell'Etruria; Banca Popolare dell'Alto Lazio;
Founded	16 April 1881 (Popolare Aretina); 18 December 1971 (Banca Etruria); 31 December 1988 (Banca Etruria e Lazio); 22 November 2015 (Nuova Banca Etruria);
Defunct	27 November 2017
Fate	became branches of UBI Banca
Headquarters	Arezzo, Italy (de facto); Bergamo, Italy (registered office);
Key people	Osvaldo Ranica (chairman); Silvano Manella (CEO);
Services	Retail and corporate banking
Net income	00(€0267 million) (2016)
Total assets	€6.569 billion (2016)
Total equity	€0175 million (2016)
Owner	UBI Banca (100%)
Parent	UBI Banca
Subsidiaries	Banca Federico del Vecchio
Capital ratio	4.4% (Group CET1, Dec.2016)
Website	bancaetruria.it
	Footnotes / references; in consolidated financial statement

Banca Tirrenica S.p.A. formerly known as Nuova Banca dell'Etruria e del Lazio S.p.A. was an Italian bank based in Arezzo, Tuscany. The bank was re-established on 22 November 2015 as a good bank of the original Banca Popolare dell'Etruria e del Lazio (BPEL). The bank was bought by UBI Banca on 18 January 2017 for a nominal fee.

Both Tyrrhenian and Etruria were alternative names for the area that is located in Central Western Italy.

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