Cassa di Risparmio in Bologna explained

Cassa di Risparmio in Bologna
Trade Name:Carisbo
Type:subsidiary of a listed company
Foundation:1837[1]
Hq Location:Palazzo di Residenza, 22 via Farini
Hq Location City:Bologna
Hq Location Country:Italy
Key People:Sacchi Morsiani (president)[2]
Industry:Financial services
Products:Retail banking
Revenue: €365 million (2013)[3]
Operating Income: €161 million
Income Year:2013
Net Income: €259 million (2013)
Assets: €9.81 billion (2013)
Equity: €1.14 billion (2013)
Parent:Intesa Sanpaolo
Owner:CAER (1992–2000)
Cardine Banca (2000–2002)
Sanpaolo IMI (2002–2006)
Intesa Sanpaolo (2007–)
Homepage:http://www.carisbo.it

Cassa di Risparmio in Bologna S.p.A. known as Carisbo, was an Italian savings bank founded in 1837 and based in Bologna, Emilia-Romagna. It has been part of Intesa Sanpaolo Group since 2007.

The former owner of the bank, Fondazione Carisbo, still held 2.023% shares of Intesa Sanpaolo as of 31 December 2013.[4]

History

Cassa di Risparmio in Bologna (Carisbo) formally started on 26 September 1837 after the idea of forming a bank emerged 2 years before in Bologna, in the Papal States.[1]

In December 1991, due to Legge Amato, the bank ownership, charity and daily banking operation were separated into a banking foundation (Fondazione Carisbo) and a limited company (Italian: Carisbo [[società per azioni]]).[5] Casse Emiliano Romagnole also became a sub-holding company of the bank, which was majority owned by the foundation. In the same year Carisbo acquired BIMER Banca (Banca dell'Emilia-Romagna per i Finanziamenti a Medio e Lungo Termine), which was a merger of Mediocredito Emilia-Romagna and Istituto Regionale di Credito Agrario per l'Emilia-Romagna[6] It was absorbed into Carisbo in 1994.[1] As at 31 December 1993, Carisbo also had a minority interests in Cassa di Risparmio di Mirandola.[7]

In 1997 Carisbo acquired 47% shares of Banca Popolare dell'Adriatico, with CAER also acquired 5%.[1] [8] In 1997 Finemiro, a subsidiary of Carisbo, also transformed into Finemiro Banca.[9] In 1997 Carisbo also sold their shares on Banca di Romagna.

In 2000 CAER Group merged with Casse Venete Banca to form Cardine Banca.

In 2002 Carisbo S.p.A. followed the group merged with Sanpaolo IMI.[1] In 2007 Carisbo SpA followed Sanpaolo IMI to become part of Intesa Sanpaolo Group, which owned 100% shares of the bank.[1]

Sponsorship

Carisbo was the sponsor of Bologna Outdoor, as well as Virtus Pallacanestro Bologna.

See also

Notes and References

  1. Web site: Cassa di Risparmio di Bologna. 16 December 2010. 26 March 2015. Intesa Sanpaolo. Italian.
  2. News: Carisbo, Sacchi Morsiani è il nuovo presidente. 23 April 2013. 26 March 2015. Corriere di Bologna. Italian.
  3. Web site: 2013 bilancio. 16 June 2014. 26 March 2015. Carisbo. Italian. https://web.archive.org/web/20150402153245/http://www.carisbo.it/contentData/view/Bil_CARISBO_2013_internet.pdf?id=CNT-05-00000001F21B8&ct=application%2Fpdf. 2 April 2015. dead.
  4. Web site: bilancio 2013. 22 April 2014. 27 March 2015. Fondazione Carisbo. Italian. https://web.archive.org/web/20150325053501/https://www.fondazionecarisbo.it/fondazionecarisbo/downloads/balances/Bilancio_Fondazione_Carisbo_2013.pdf#. 2015-03-25. dead.
  5. Web site: Approvazione del progetto di ristrutturazione presentato dalla Cassa di risparmio in Bologna. 21 January 1992. 15 February 2016. Italian Republic Official Gazette. Ministry of Treasury. Italian.
  6. Web site: Approvazione del progetto di ristrutturazione presentato dal Mediocredito Emilia-Romagna, dall'Istituto regionale di credito agrario per l'Emilia-Romagna e dalla sezione autonoma opere pubbliche della Cassa di risparmio in Bologna.. 7 August 1992. 10 March 2016. Italian Republic Official Gazette. Ministry of Treasury. Italian.
  7. Casse Emiliano Romagnole S.p.A. bilancio (financial report and accounts) on 31 December 1993, PDF purchased in Italian C.C.I.A.A. (in Italian)
  8. Casse Emiliano Romagnole S.p.A. bilancio (financial report and accounts) on 31 December 1997, PDF purchased in Italian C.C.I.A.A. (in Italian)
  9. News: GU Parte Seconda n.145 del 24-6-1997. 24 June 1997. 27 March 2015. Gazzetta Ufficiale della Repubblica Italiana. Italian.