Cassa di Risparmio di Orvieto explained

CariOrvieto
Native Name:Cassa di Risparmio di Orvieto S.p.A.
Native Name Lang:it
Type:subsidiary of a public company
Industry:Financial services
Founded:1852
Hq Location:21 Piazza della Repubblica
Hq Location City:Orvieto
Hq Location Country:Italy
Num Locations:54 branches
Num Locations Year:2015
Services:Retail and corporate banking
Net Income Year:2015
Assets: €1,323,615,860
Assets Year:2015
Equity: €114,343,063
Equity Year:2015
Owner:Banca del Mezzogiorno – MedioCredito Centrale
Parent:Banca del Mezzogiorno – MedioCredito Centrale
Website:cariorvieto.it
Ratio:10.59% (CET1)
Footnotes:in separate financial statements[1]

Cassa di Risparmio di Orvieto S.p.A. is an Italian bank based in Orvieto, in the Province of Terni, Umbria.

History

Cassa di Risparmio di Orvieto was found in 1863, just two years after the unification of Italy.[2] In December 1991, the statutory corporation was split into a limited company (Italian: [[Società per Azioni]]) and Ente Cassa di Risparmio di Orvieto.[3] The limited company was acquired by Banca CR Firenze in late 1990s and then Banca Popolare di Bari in 2009. Between the two owners, Intesa Sanpaolo also owned the bank from 2007 to 2009 via Banca CR Firenze.

In 2020, following the bailout of Banca Popolare di Bari, Banca del Mezzogiorno – MedioCredito Centrale took the control of Cassa di Risparmio di Orvieto.

See also

Notes and References

  1. Web site: 2015 Bilancio. 2016. 11 May 2016. Cassa di Risparmio di Orvieto.
  2. Web site: STORIA DELLA CASSA. https://web.archive.org/web/20011216212912/http://www.cariorvieto.it/info.htm. 16 December 2001. Story of the bank. Cassa di Risparmio di Orvieto. Italian.
  3. Web site: Approvazione del progetto di ristrutturazione presentato dalla Cassa di risparmio di Orvieto. 24 January 1992. 11 May 2016. Ministry of the Treasury. Italian Republic Official Gazette. Italian.