Founded in 1915, Banca dello Stato del Cantone Ticino (BancaStato) is an autonomous public law institution with a state guarantee. Its primary mission is to promote the economic development of the Canton of Ticino by offering a comprehensive range of banking services. As a universal bank, it caters to private clients, small and medium-sized enterprises (SMEs), and public corporations, providing services that include retail banking, mortgages, private banking, and corporate financing.