 The bank became a subsidiary of Capitalia after Banca di Roma was merged with Bipop Carire.In 2007 the bank became part of UniCredit after Capitalia was acquired by the largest bank of Italy.As at 31 December 2007 Banco di Sicilia owned about 76.26% stake in IRFIS, in turn Banco di Sicilia was a wholly owned subsidiary of UniCredit.