Credito Mobiliare
Native name | Società generale di credito mobiliare italiano |
|---|---|
| Company type | Public company |
| Industry | Financial services |
| Predecessor | Cassa del Commercio e dell'Industria di Torino |
| Founded | 1863 |
| Defunct | 1894 |
| Fate | Liquidated |
| Successor | Banca Commerciale Italiana |
| Headquarters | , |
Key people | Domenico Balduino (General manager 1863-1885) |
| Products | Banking services |
The Società generale di credito mobiliare italiano (lit. 'General Company of Italian Financial Credit'), often referred to simply as Credito Mobiliare, was a major Italian bank in the last third of the 19th century.
It was established in 1863 in Turin with support from the Pereire brothers, succeeding a previous venture, the Cassa del Commercio e dell'Industria di Torino (lit. 'Bank of Trade and Industry of Turin'), which had been founded in 1852 and had been supported by the French Rothschilds in the late 1850s.
The Credito Mobiliare failed to survive the major Italian financial crisis of the early 1890s and was liquidated in 1893. Some of its operations were re-organized as the Banca Commerciale Italiana, marking the transition from French to German influence in Italian investment banking.