Unione di Banche Italiane is a Banking Group formed on 1 April 2007 from the merger of the expertise and experience of the BPU Group (Banche Popolari Unite) and that of the Banca Lombarda e Piemontese Group.

The history of the Group is the result of a succession of mergers which led banks with strong roots in their local communities to become the significant reality that exists today. The Group employs a federal model of organisation with nine network banks and a broad range of product companies under the leadership of UBI Banca, listed on the Mercato Telematico Azionario (MTA - electronic stock exchange) of Borsa Italiana. 

Some figures:

The fifth largest Italian Banking Group by number of branches and the largest "popular" banking Group by stock market capitalisation,  UBI Banca has:

• 1,875 branches including 852 in Lombardy and 226 in Piedmont;
• approximately four million customers, mainly retail;
• a national market share of approximately 6%. In terms of branches, the Group has local market shares of approximately 13% in Lombardy and 8% in Piedmont as well as substantial presences in central and southern Italy;
• human resources numbering 19,405;
• direct funding of 102.8 billion euro by ordinary clientele;
• indirect funding of 72.1 billion euro;
• total assets of 129.8 billion euro;
• lending of 99.7 billion euro.

Figures as at 31.12.2011

The Group employs an integrated and federal organisational model:

1. UBI Banca is the parent bank listed on the Milan Stock Exchange in the FTSE Mib index. In addition to Group governance and control functions, commercial and credit co-ordination, treasury, finance, IT, organisation, logistics and purchasing functions are also managed centrally by the Parent. The network banks and the product companies of the Group fall under its leadership;
2. the Network Banks specialise in banking business in their respective historical local markets, the true patrimony of the Group. They provide multi-regional market coverage in the North with Banca Popolare di Bergamo (headquarters in Bergamo), Banco di Brescia (headquarters in Brescia), Banca Popolare Commercio & Industria (headquarters in Milano), Banca Regionale Europea (headquarters in Cuneo, General Management based in Torino), Banca di Valle Camonica (headquarters in Breno) and Banco di San Giorgio (headquarters in Genova), in central Italy with Banca Popolare di Ancona (headquarters in Jesi) and in southern Italy with Banca Carime (headquarters in Cosenza). UBI Banca Private Investment offers advisory and private banking services and products and has a presence throughout Italy with a network of operational branches and centres (advice centres, "financial shops" and private banking centres);
3. a broad range of product companies that specialise in the creation and provision of specific financial products. They operate in the following sectors: consumer credit, asset management, banc assurance, leasing, factoring, corporate & investment banking, services to businesses and online banking.

This is added to the Group's international presence, mainly supporting customers in operations with foreign countries.