Cassa di Risparmio di Vignola explained

Banca CRV – Cassa di Risparmio di Vignola S.p.A.
Trade Name:Banca CRV
Predecessor:Cassa di Risparmio di Vignola
Type:subsidiary of a listed company
Industry:Financial services
Founders:-->
Fate:absorbed into BPER
Defunct: (S.p.A. only)
Hq Location City:Vignola
Hq Location Country:Italy
Owner:Banca Popolare dell'Emilia Romagna (100%)
Parent:Banca Popolare dell'Emilia Romagna

Cassa di Risparmio di Vignola was an Italian saving bank based in Vignola, in the Province of Modena, Emilia–Romagna region. It was absorbed by Banca Popolare dell'Emilia Romagna in 2010.

History

Cassa di Risparmio di Vignola (the saving bank of Vignola) was founded on 4 August 1872. Soon after it merged with Cassa di Risparmio di Spilamberto.[1] Due to Legge Amato, the bank was split into Banca CRV – Cassa di Risparmio di Vignola S.p.A. (a limited company) and Fondazione Cassa di Risparmio di Vignola (a banking foundation; now known as Fondazione di Vignola) on 20 December 1991 (gazetted on 24 January 1992).[2]

The foundation sold the majority interests in the company, to Banca Popolare dell'Emilia Romagna (BPER) in late 1990s. In 2000, BPER owned 76.087% shares.[3] The remain 23.913% shares was sold by the foundation to BPER in 2005, for about €33 million.[4] [5]

On 29 November 2010 the bank was absorbed into the parent company.[6]

Banking foundation

The former owner of the bank, Fondazione di Vignola, still runs as a charity organization.

See also

External links

Notes and References

  1. Web site: Storia. Story. 16 February 2016. Vignola Foundation. Italian. https://web.archive.org/web/20160129225926/http://www.fondazionedivignola.it/assetto_istituzionale/storia/index.htm. 29 January 2016. dead.
  2. Web site: Approvazione del progetto di ristrutturazione presentato dalla Cassa di risparmio di Vignola. 24 January 1992. 16 February 2016. Gazzetta Ufficiale. Italian.
  3. Web site: Bilancio Consolidato 2000. 7 May 2001. 16 February 2016. Banca Popolare dell'Emilia Romagna (BPER). Borsa Italiana archive. Italian.
  4. Web site: BILANCIO CONSUNTIVO 2005. 16 November 2006. 16 February 2016. Vignola Foundation. Associazione di Fondazioni e di Casse di Risparmio S.p.A. (ACRI) archive. Italian.
  5. Web site: bilancio 2005 individuale. 18 May 2006. BPER. Borsa Italiana archive. Italian.
  6. Web site: FUSIONE PER INCORPORAZIONE DI CASSA DI RISPARMIO DI VIGNOLA IN BANCA POPOLARE DELL’EMILIA ROMAGNA. 3 December 2010. BPER. Italian. 16 February 2016. https://web.archive.org/web/20160309195436/https://corporate.bpergroup.net/helpcenter/opencms/helpcenter/bper/generico/comunicazioni/incorporazioneCRV2.html. 9 March 2016. dead.

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