La Cassa di Ravenna explained

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.

History

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]

Subsidiaries

former

Former equity interests

See also

Notes and References

  1. Web site: Cenni Storici. 2 February 2016. La Cassa di Ravenna. Italian.
  2. Web site: Approvazione del progetto di ristrutturazione presentato da La Cassa di Ravenna. 24 January 1992. 24 April 2017. Italian Republic Official Gazette. Italian.
  3. Web site: Management Report and Parent Company Financial Statements Proposal 2014. 7 April 2015. 24 April 2017. Generali.
  4. Web site: 2016 Bilancio consolidato. 7 April 2017. 24 April 2017. La Cassa di Ravenna. Italian.
  5. Web site: 2015 BILANCIO CONSOLIDATO. 27 April 2016. 10 May 2016. La Cassa di Ravenna. Italian.