La Cassa di Ravenna | |
Trade Name: | La Cassa |
Type: | unlisted public S.p.A. |
Industry: | Financial services |
Founded: | 1840[1] |
Hq Location City: | Ravenna |
Hq Location Country: | Italy |
Net Income Year: | 2016 |
Assets: | €6.891 billion |
Assets Year: | 2016 |
Equity: | €479 million |
Equity Year: | 2016 |
Footnotes: | in consolidated financial statement |
La Cassa di Ravenna S.p.A., formerly Cassa di Risparmio di Ravenna S.p.A. and Cassa di Risparmio di Ravenna, is an Italian savings bank based in Ravenna, Emilia-Romagna. The bank also has branches in Ancona, Gabicce Mare and Rome.
Since the bank reform due to in 1991,[2] the bank was split into a società per azioni and a non-profit banking foundation "Fondazione Cassa di Risparmio di Ravenna".
In 2016, the minority shareholders of subsidiary Argentario, including Assicurazioni Generali (for 13.50%),[3] accepted the plan to sell their shares of Argentario to the bank, for 16.191 shares of Argentario to 1 share of the bank.[4] The bank paid the minority shareholders by treasury shares. The bank owned 98.24% shares of the intermediate holding company, increasing from 82.30%.[5]