Cassa di Risparmio di Biella e Vercelli
Cassa di Risparmio di Biella e Vercelli, commonly known as Biverbanca, is an Italian retail bank providing financial services to individuals and businesses. The institution was acquired by the Banca Desio Group in 2018 and operates primarily within the Piedmont region.
Brand Identity Data
HQ Country
Italy
HQ City
Biella
Founded
1856
EU Headquartered
Yes
EU Manufactured
Yes
Ownership Type
private
Stock Exchange
Private
Tax Domicile
IT
Ultimate Parent
Banco di Desio e della Brianza S.p.A.
Data Hosting
IT
CLOUD Act Exposure
No ✓
AI Trains on User Data
false
GDPR Status
compliant
B Corp Certified
No
Repair / Recycling
No
Ethical Certifications
None verified
Verified on October 15, 2026
Corporate Lineage
1856
Establishment
The bank was founded in Biella as Cassa di Risparmio di Biella.
1991
Merger
The institution merged with Cassa di Risparmio di Vercelli to form Biverbanca.
2018
Acquisition
Banca Desio acquired a controlling stake in Biverbanca from Fondazione Cassa di Risparmio di Biella.
2021
Full Integration
Biverbanca was merged by incorporation into the parent company, Banco di Desio e della Brianza S.p.A.