Cassa di Risparmio di Bra explained

Trade Name:CR Bra
Cassa di Risparmio di Bra
Type:subsidiary of a listed company
Founded:1763 (Mount of Piety)[1]
[2]
Founders:-->
Hq Location City:Bra
Hq Location Country:Italy
Areas Served:-->
Net Income Year:2014
Assets: €1,443,372,657
Assets Year:2014
Equity: €66,750,151
Equity Year:2014
Owner:BPER Banca (84,286%)[3]
Fondazione CRB (15,714%)
Ratio:7.47% (Tier 1)[4]

Cassa di Risparmio di Bra is an Italian regional bank. The bank was based in Bra, in the Province of Cuneo, Piedmont.

Due to Legge Amato, the bank was split into a società per azioni and a non-profit banking foundation on 20 December 1991 (gazetted on 18 January 1992).[5] Cassa di Risparmio di Torino (Banca CRT) once became a minority shareholders of the bank.[6] However its successor, UniCredit sold their possession on Bra (31.021%), Fossano (23.077%), Saluzzo (31.019%) and Savigliano (31.006%) to Banca Popolare dell'Emilia Romagna for about €149 million in 2006. (which BPER paid €32.827 million for CR Bra's shares)[7] In February 2013, BPER acquired an additional 35.98% shares from the foundation for around €23.9 million. After the deal BPER owned 67% shares.[8]

See also

Notes and References

  1. Web site: Chi siamo Cassa di Risparmio di Bra . About us: the Saving Bank of Bra. Banca Popolare dell'Emilia Romagna (BPER). Italian.
  2. Web site: Origini. 2 February 2016. Fondazione Cassa di Risparmio di Bra. Italian.
  3. Web site: Resoconto intermedio di gestione al 30 settembre 2018. 21 November 2018. 21 November 2018. Banca Popolare dell'Emilia Romagna. Italian.
  4. Web site: Bilancio dell'esercizio 2014. 3 April 2015. 2 February 2016. Cassa di Risparmio di Bra. Italian.
  5. Web site: Approvazione del progetto di ristrutturazione presentato dalla Cassa di risparmio di Bra. 14 January 1992. 16 February 2016. Gazzetta Ufficiale. Italian.
  6. Web site: La fusione di Banca crt e UniCredito Italiano. The fusion of Banca CRT and UniCredito Italiano. 19 September 2011. 31 March 2015. UniCredit. Italian. Giampietro. Morreale. https://web.archive.org/web/20150402114417/https://uninews.unicredit.eu/dbcommon/file/press/files/allegato13728_1.pdf#. 2015-04-02. dead.
  7. Web site: Bilancio individuale 2006. 10 November 2007. 16 February 2016. BPER. Italian. https://web.archive.org/web/20161012014456/http://www.bper.it/wps/wcm/connect/02c6a5004900a4079a8edae4fe72f983/bil+individuale+2006.pdf?MOD=AJPERES&CACHEID=02c6a5004900a4079a8edae4fe72f983#. 2016-10-12. dead.
  8. Web site: BPER acquista controllo di Cassa di Risparmio di Bra. 7 February 2013. 16 February 2016. Banca Popolare dell'Emilia Romagna. Italian.