Industry Financial services Number of locations 121 (2015) Net income 12.21 million EUR (2015) Total equity 382.1 million EUR (2015) | Founded 23 November 1994, Italy Number of employees 642 (2015) Total assets 3.682 billion EUR (2015) | |
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Native name Cassa di Risparmio di Biella e Vercelli S.p.A. Headquarters 15 Via Carso, Biella, Italy Area served Piedmont RegionRegion of Aosta ValleyMilan, Lombardy Parent organization | ||
Cassa di Risparmio di Biella e Vercelli S.p.A. known as BiverBanca, is an Italian saving bank based in Biella, Piedmont. It was acquired by fellow Piedmontese bank Cassa di Risparmio di Asti from Banca Monte dei Paschi di Siena in 2012. BiverBanca had almost all the branches in Piedmont and Aosta Valley, especially in the area around Biella and Vercelli : 46 branches in the Province of Biella (11 alone in Biella) and 46 branches in the Province of Vercelli (8 alone in Vercelli), 10 in Turin and 6 in the Province Novara; 3 in the Province of Alessandria; 5 branches in Aosta Valley; 1 branch in the Province of Verbano-Cusio-Ossola, and lastly 1 branch in Milan, the financial hub of Italy.
The bank did not serve the Province of Asti, which was served by the parent company instead, as well as the Province of Cuneo, Piedmont.