BANCA VALSABBINA SOCIETA' COOPERATIVA PER AZIONI (IN BREVE LA VALSABBINA)

Banca Valsabbina Società Cooperativa per Azioni (La Valsabbina) is a cooperative bank based in the province of Brescia, with historical roots dating back to 1898 in the Val Sabbia area, and a branch-led footprint concentrated in Lombardy and neighboring regions. Its business model focuses on retail and small-to-mid corporate banking, offering current accounts, payment services, savings and time deposits, mortgages, personal loans, SME financing, leasing and factoring (often via specialist partners), as well as investment and insurance products distributed under bancassurance arrangements. The bank provides online and mobile banking alongside traditional in-branch service, supports domestic and SEPA payments, and issues debit and credit cards on domestic and international circuits. As a società cooperativa per azioni, governance follows a mutual structure, with member-shareholders and typical cooperative voting rules; the shares are not listed on a regulated market and are traded on a multilateral trading facility with limited liquidity and price transparency compared with mainstream exchanges, and distributions are discretionary. Funding is primarily from customer deposits, while lending is largely to households and local businesses, resulting in exposure to the regional economic cycle; asset quality, capital adequacy and liquidity metrics are reported in statutory and Pillar 3 disclosures. The bank is supervised within the Italian and European regulatory framework (Bank of Italy/SSM for prudential matters and CONSOB for investment services) and participates in the Fondo Interbancario di Tutela dei Depositi, which protects eligible deposits up to the statutory limit per depositor; this guarantee does not apply to shares or other securities. Conditions and fees for accounts, payments and cards vary by product and may differ for retail and business clients; availability of specific services, including digital onboarding and instant payments, depends on the product line and channel. Potential customers and investors should review the latest publicly available financial statements, risk disclosures and contractual terms before engaging.