The Banca di Credito Italiano (lit.
It was founded in Turin on 24 April 1863 as the Italian affiliate of Paris-based Crédit Industriel et Commercial, itself recently established in 1859.
[1]: 32 As such, it was one of the earliest joint-stock banks established in the new Kingdom of Italy.
[2]: 11 In 1865 it relocated its head office to Florence, the kingdom's temporary capital, and in 1874 to Milan.
Its shares were quoted on the Milan Stock Exchange from 1863 to 1893.