Cassa di Risparmio di Fossano explained

CR Fossano
Native Name:Cassa di Risparmio di Fossano S.p.A.
Native Name Lang:it
Type:private società per azioni
Industry:Financial services
Founded:1905
Founders:-->
Hq Location City:Fossano
Hq Location Country:Italy
Areas Served:-->
Services:Retail banking
Net Income: €6,275,222
Net Income Year:2015
Assets: €1,986,706,904
Assets Year:2015
Equity: €121,776,950
Equity Year:2015
Ratio:9.70% (CET1)
Footnotes:source [1]

Cassa di Risparmio di Fossano is an Italian saving bank based in Fossano, in the Province of Cuneo, Piedmont.

Monte di Pietà di Fossano was found in 1591. In 1905 the bank was formed by the mount of piety. Since the bank reforms in 1991, the bank was split into a società per azioni and a non-profit banking foundation.[2] Cassa di Risparmio di Torino (Banca CRT) once became a minority shareholders of the bank.[3] However its successor, UniCredit, sold their possession on Fossano (23.077%), Bra (31.021%), Saluzzo (31.019%) and Savigliano (31.006%) to Banca Popolare dell'Emilia Romagna for about €149 million in 2006. (which BPER paid €36.898 million for CR Fossano's shares)[4]

See also

Notes and References

  1. Web site: 2015 Bilancio. 2016. 22 June 2016. Cassa di Risparmio di Fossano. Italian.
  2. Web site: Approvazione del progetto di ristrutturazione presentato dalla Cassa di risparmio di Fossano. 18 January 1992. 22 June 2016. Ministry of the Treasury . Italian Republic Official Gazette. Italian.
  3. Web site: La fusione di Banca crt e UniCredito Italiano. The fusion of Banca CRT and UniCredito Italiano. 19 September 2011. 31 March 2015. UniCredit. Italian. Giampietro. Morreale. https://web.archive.org/web/20150402114417/https://uninews.unicredit.eu/dbcommon/file/press/files/allegato13728_1.pdf#. 2015-04-02. dead.
  4. Web site: Bilancio individuale 2006. 10 November 2007. 16 February 2016. BPER. Italian. https://web.archive.org/web/20161012014456/http://www.bper.it/wps/wcm/connect/02c6a5004900a4079a8edae4fe72f983/bil+individuale+2006.pdf?MOD=AJPERES&CACHEID=02c6a5004900a4079a8edae4fe72f983#. 2016-10-12. dead.