After signing the deed of merger by incorporation of Banca Teatina on 20 February, Ubi Banca has successfully completed the migration of the same institution to the Group's information system.
The operation, explains Ubi in a note, guarantees the full operation of all the migrated branches without any significant inconvenience for customers. The migration involved 58 branches and operating points, 682.166 customer records, 73.395 current accounts, 30.762 securities deposits, and required the commitment of approximately 1.100 employees in the preparatory and post-migration phases.
The migration concludes the group reconfiguration process, which began in November 2016 with the start of the integration of the 7 Ubi Banca network banks – concluded 4 months early in February 2017 – and continued with the rapid integration of the 3 banks acquired in May 2017 – ended today.
