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Abstract:  THE LAND CREDITS OF THE NATIONAL BANK IN THE KINGDOM OF ITALY AND THE FINANCING OF ROMAN CONSTRUCTION WORK ENTERPRISES In September of 1885 The Italian Kingdom’s National Bank summed to its usual transactions the one of land credits, thus creating an appropriate section. Through this new form of special crediting, departing from traditional transactions, Italy’s uppermost baking institution contributed to the financing of Rome’s urban development and construction expansion. Initially, the sole beneficiaries of such financing were companies in business with the Turin-based banker Ulrico Geisser, who, during the 1870’s, had imposed himself as the leader of construction development movement in the Roman capital. Such inflows, in the measures in which they contributed to the ascending phase of this cycle, successfully became one of the causes that brought about the dramatic descending turn. When this collapse began, during the midst of 1887, it brought constructors, real estate companies, and credit institutes that had invested in this sector their own resources, to progressive bankruptcy. Thus, the National Bank had to undergo complex transactions in order to save theme. In this phase, the granting of loans integrated with interventions such as the exchange transactions operated by the bank up the end of 1889. After this date the credit section redistributed its range of action until it finally closed its business in 1893, in accordance with new banking regulations.