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The distribution network and<br />

positioning<br />

The branch network of the <strong>Group</strong><br />

As at 31 st December 2011 the <strong>UBI</strong> <strong>Banca</strong> <strong>Group</strong> had 1,884 branches (reduced to 1,809 at the<br />

date of this report) compared to 1,901 at the end of 2010.<br />

The branch network of the <strong>UBI</strong> <strong>Banca</strong> <strong>Group</strong> in Italy and abroad<br />

number of branches<br />

31.12.2011 31.12.2010 Change 27.3.2012<br />

<strong>UBI</strong> <strong>Banca</strong> Scpa 2 2 - 2<br />

<strong>Banca</strong> Popolare di Bergamo Spa (1) 358 365 -7 358<br />

Banco di Brescia Spa 364 362 2 342<br />

<strong>Banca</strong> Popolare Commercio e Industria Spa (2) 235 234 1 225<br />

<strong>Banca</strong> Regionale Europea Spa (3) 229 229 - 225<br />

<strong>Banca</strong> Popolare di Ancona Spa 238 248 -10 226<br />

<strong>Banca</strong> Carime Spa 294 294 - 270<br />

<strong>Banca</strong> di Valle Camonica Spa 66 64 2 66<br />

Banco di San Giorgio Spa 57 57 - 55<br />

<strong>UBI</strong> <strong>Banca</strong> Private Investment Spa 26 31 -5 25<br />

Centrobanca Spa 6 6 - 6<br />

IW Bank Spa 2 2 - 2<br />

B@nca 24-7 Spa 1 1 - 1<br />

Banque de Dépôts et de Gestion Sa - Svizzera 3 3 - 3<br />

<strong>UBI</strong> <strong>Banca</strong> International Sa - Lussemburgo 3 3 - 3<br />

TOTAL 1,884 1,901 -17 1,809<br />

Total Branches in Italy 1,875 1,892 -17 1,800<br />

Financial advisors 713 786 -73<br />

ATMs 2,451 2,470 -19<br />

POS terminals 61,224 61,220 4<br />

(1) The figure as at 31 st December 2010 included a temporary mini-branch for the launch of the prepaid card Enjoy.<br />

(2) The figures do not include nine units dedicated exclusively to pawn credit operating under the <strong>Banca</strong> Popolare Commercio e<br />

Industria brand.<br />

(3) The figures include three foreign branches.<br />

As already reported in the previous section “Significant events that occurred during the year”,<br />

the changes that occurred compared to the end of 2010 mainly reflect further reorganisation of<br />

geographical market coverage, performed between 2011 and 2012. In detail:<br />

- the action taken with effect from 18 th April 2011 led to the closure of 16 branches and 12<br />

mini-branches affected by geographical overlap, along with the transformation of 13 smaller<br />

branches into mini-branches and one mini-branch into a branch;<br />

- action taken after the end of the year, effective from 27 th February 2012, involved the<br />

closure of 32 branches and 46 mini-branches, as well as the transformation of 40 branches<br />

into mini-branches and one mini-branch into a branch.<br />

A detailed summary is given below of the changes that occurred in 2011 and until the date of<br />

this report, which affected the <strong>Group</strong> presence in Italy:<br />

• BANCA POPOLARE DI BERGAMO closed a mini-branch in March 2011, temporarily opened in<br />

Viale Vittorio Emanuele II in Bergamo for the commercial launch of the prepaid card Enjoy,<br />

and opened one new branch at Casatenovo (Lecco) in May, while it closed six branches in<br />

57

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