Banca Italiana di Sconto

A 1917 war advert of the Banca Italiana di Sconto

The Banca Italiana di Sconto (BIS, lit. 'Italian Discount Bank') was the third-largest Italian bank in its time, formed in 1915 by merger of Società Bancaria Italiana with Società Italiana di Credito Provinciale. It went bankrupt in 1921.

Overview

One firm hit by its collapse was the giant film production conglomerate Unione Cinematografica Italiana (UCI), which itself folded a few years later.

Another victim was Banca per l'Africa Orientale (BAO) whose formation in 1917 BIS had promoted. BAO failed in 1923.

See also

• Banco di Roma

Bibliography

• Moliterno, Gino (2009). Historical Dictionary of Italian Cinema. Scarecrow Press.
• Toninelli, Pierangelo Maria. The Rise and Fall of State-Owned Enterprise in the Western World. Cambridge University Press, 2000.