 The bank was acquired by UniCredit by issuing news shares of UniCredit for shares of Capitalia.Capitalia was formed on 1 July 2002 in a merger of Banca di Roma (and its subsidiary Banco di Sicilia and Mediocredito Centrale) and Bipop Carire (and its subsidiary Fineco).In the same year the bank sold 10 branches from Apulia, Campania and Molise regions to Banca Popolare di Puglia e Basilicata.