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started activity with initial capital of one million lire and seat in
Palazzo Pallavicino Mossi in Turin, today via Santa Teresa 11. It was authorized to discount trade bills, grant advances against deposits and public and private funds. It could also receive sums in current accounts with and without
158:, Costantino Soldati, and Felice Genero. The Banco Sete concentrated on financing the silk industry, made advances against raw and processed silks, and granted financing to twisters and spinners, furthermore it was authorized to hold current accounts and issue bonds.
129:
interest and make collections and payments on behalf of third parties. During 1856, two capital increases were approved which brought the capital to 8 million lire; a statutory change in 1857 expanded its scope by allowing it to own shares in commercial enterprises.
89:, est. 1857). It failed in the severe Italian banking crisis of the early 1890s, was placed into liquidation in 1892, with its remaining assets and liabilities eventually absorbed into the
165:, which had survived the turbulence of the years 1859-1862 thanks to prudent management, merged with the Banco Sete to form the Banco di Sconto e Sete with support from French financier
147:, the Ceriana brothers, Gustavo De Fernex, Vincenzo Denina, Vincenzo Luciano, Giuseppe Duprè, Gilberto Dumontel, Giuseppe Fontana, G. Paolo Laclaire, Carlo Ogliani,
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of Turin was established on 30 August 1853, with financial support from the
National Bank. Its branch in
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247:"Via di Santa Teresa e il Palazzo Caissotti di Casalgrasso, poi Pallavicino Mossi"
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169:. In 1883, the bank moved from Palazzo Pallavicino Mossi to the nearby
269:
Azioni e azionisti : Il lungo ottocento della Banca d'Italia
180:, but had to sell the latter in 1887 under financial stress.
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42:
45:, created in 1863 by merger of two previous banks, the
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136:was established by a group of partners including
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41:) was an Italian credit institution based in
109:to complement the role of the money-issuing
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26:
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121:became an autonomous affiliate in 1856.
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113:with specialized discount banks. The
111:National Bank of the Sardinian States
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14:
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303:1890s disestablishments in Italy
105:were part of a plan outlined by
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1:
266:Rosanna Scatamacchia (2008),
225:"Cassa di Sconto Torino (TO)"
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298:1863 establishments in Italy
7:
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96:
10:
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254:Banca Commerciale Italiana
205:Banca di Credito Italiano
163:Cassa di Sconto di Torino
126:Cassa di Sconto di Torino
91:SocietĂ Bancaria Italiana
48:Cassa di Sconto di Torino
308:Companies based in Turin
36:Discount and Silks Bank
293:Defunct banks of Italy
22:Banco di Sconto e Sete
161:On 20 May 1863, the
167:James de Rothschild
62:Turin Discount Bank
16:Former Italian bank
132:In 1856-1857, the
190:Credito Mobiliare
67:, est. 1853) and
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245:Roberto Grossi,
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171:Palazzo Lascaris
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138:Pietro Brambilla
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229:Banche italiane
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115:Cassa di Sconto
103:Casse di Sconto
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195:Banca Generale
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84:Bank of Silks
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174: [
152: [
141: [
287:Categories
211:References
134:Banco Sete
70:Banco Sete
275:, Laterza
93:in 1904.
184:See also
97:Overview
78:
56:
30:
107:Cavour
273:(PDF)
250:(PDF)
178:]
156:]
145:]
119:Genoa
43:Turin
124:The
101:The
75:lit.
53:lit.
27:lit.
19:The
289::
252:,
237:^
227:.
176:it
154:it
143:it
231:.
87:'
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73:(
65:'
59:'
51:(
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33:'
25:(
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