Cassa di Risparmio di Piacenza e Vigevano | |
Native Name: | Cassa di Risparmio di Piacenza e Vigevano S.p.A. |
Native Name Lang: | it |
Type: | private società per azioni |
Industry: | Financial services |
Fate: | merged with Cariparma |
Founders: | --> |
Hq Location: | 18 via Poggiali |
Hq Location City: | Piacenza |
Hq Location Country: | Italy |
Services: | Retail and corporate banking |
Owner: | Fondazione di Piacenza e Vigevano |
Parent: | Fondazione di Piacenza e Vigevano |
Cassa di Risparmio di Piacenza e Vigevano was an Italian savings bank based in Piacenza, Emilia-Romagna, as well as a second office in Vigevano, Lombardy. Despite the bank ceased to be exist, the former owner of the bank still operated as a charity organization.
Cassa di Risparmio di Piacenza e Vigevano was a merger of the saving banks (Italian: Cassa di Risparmio) of Piacenza and Vigevano, found in 1860 (as part of Monte di Pietà di Piacenza) and 1857 respectively.[1] Due to Legge Amato, Cassa di Risparmio di Piacenza e Vigevano became two entity, società per azioni and the foundation in December 1991, with the latter acted as a charity organization.[2] The foundation sold a minority interests to the holding company Casse Emiliano Romagnole (CAER), which the foundation in turn became a minority owner of CAER.[2] The bank also recapitalized 24,022,900,000 lire in January 1992.[3] However, the bank withdrew in order to favour another merger with Cassa di Risparmio di Parma in December 1992.[4] [5]