“Together with the archives kept by the large banks, that have since long been opened to the public, it becomes now available the experience – that has been almost fully preserved in its integrity – of a strong and vital credit institution born and developed to serve the ‘honest and resolute populations’ dwelling in the Venice region and risen through painful experiences to its regional dimension.
Keeper of the less fortunate much earlier than of its middle market clients, such as farmers and craftsmen, Banca Cattolica del Veneto has been a keen observer of the needs of society and therefore has been prompted to imagine and activate new services, such as those actuated to support migrants that from the Venice region developed around the world.
This archives are important on a national scale because it shows in detail the experience of a ‘catholic’ bank that has always written in its statutes aims of social solidarity; and again, in its rich correspondence exchanges with the associations and other catholic entities since the 1920’s and 1930’s, the institutional top connections and the contacts among the various banks sharing a catholic origin are well documented. (…)
The images in the photographic collection give us with immediacy the shape of a ‘choral’ bank that drew strength from its deep roots in its territory and from the feeling of belonging animating its men and women.”
Foreword by Prof. Giovanni BAZOLI, Chairman, Surveillance Board.
History of the Banca Cattolica del Veneto
1892: The Banca Cattolica Vicentina is founded as an anonymous cooperative company with unlimited capital 1903-1905: The Vatican intervenes in the rescue of the Banca Cattolica Vicentina, on the brink of failure for the fixed assets of a company that shipped salt from Sardinia to the continent 1914: The Banca Cattolica Vicentina joins the Catholic Bank Federation, the Italian Banking Federation and its financial organ, the National Credit 1915-1916: The Banca Cattolica Vicentina becomes a simple anonymous company with a share capital of 800 thousand lire 1928: Joins the Central Institute of Credit, federal organ of the Catholic banks
1930: Incorporation of the Banca Cattolica di Udine, Banca Cadorina and Banca Cattolica Atesina and change of name to Banca Cattolica del Veneto. Credito Veneto, Credito Polesano and Banca della Venezia Giulia begin composition with creditors procedure, guaranteed by the BCV
1931:The Central Institute of Credit acquires a majority shareholding of the BCV
1946: Control passes to the Institute for Works of Religion
1954: The BCV promotes the establishment of the Mediocredito delle Venezie
1957: The BCV is involved in the foundation of the Mediocredito del Friuli
1960: The BCV achieves the status of "Banca agente", that allows it to operate in foreign markets without going through the Bank of Italy. The EDP centre with perforating machines starts work
1972: The Banco Ambrosiano, through the Financial Centre, acquires a majority stake in BCV shares
1989: The merger between the Nuovo Banco Ambrosiano and the BCV originates the Banco Ambrosiano Veneto, from which Banca Intesa emerged in 1998