BIBANCA S.P.A.

BIBANCA S.P.A. is an Italian bank focused on consumer finance and payment services and forms part of the BPER Banca banking group. Formerly Banca di Sassari, it concentrates on personal loans and salary- or pension-backed loans (cessione del quinto) distributed through group bank branches, a network of authorized financial agents, and digital channels. Cessione del quinto loans are repaid via payroll or pension withholding and are typically paired with mandatory insurance policies covering life and employment risks as required by Italian law. The bank issues payment cards and offers digital application and servicing tools with strong customer authentication under PSD2. Pricing, maximum amounts, and durations vary by customer profile and by agreements with employers and INPS; conditions and pre-contractual information sheets are published in line with transparency rules. BIBANCA S.P.A. is supervised by the Bank of Italy and participates in the Interbank Deposit Protection Fund, which protects eligible deposits up to €100,000 per depositor. Standard consumer credit provisions apply, including creditworthiness assessment, the right to early repayment with a possible indemnity within legal limits, and charges for late payments. Customer assistance is provided through remote channels and affiliated branches, and complaints can be filed via the bank’s internal process with the option to escalate to the Banking and Financial Ombudsman (ABF).