Cassa di Risparmio di Carpi explained

Cassa Risparmio Carpi
Native Name:Cassa Risparmio Carpi S.p.A.
Native Name Lang:it
Former Name:Cassa di Risparmio di Carpi
Type:subsidiary
Founders:-->
Fate:absorbed by parent company
Defunct:2005
Hq Location City:Carpi
Hq Location Country:Italy
Owner:UniCredit
Parent:UniCredit

Cassa di Risparmio di Carpi was an Italian retail bank based in Carpi, in the Province of Modena, Emilia-Romagna. The bank section was absorbed into UniCredit in 2005, while its charity section, still operates as Fondazione Cassa di Risparmio di Carpi.

History

Cassa di Risparmio di Carpi was found in 1843 in Carpi in the Duchy of Modena and Reggio, in the Austrian Empire. On 24 January 1992 the bank was split into Cassa Risparmio Carpi S.p.A. and Fondazione Cassa di Risparmio di Carpi.[1] The foundation also sold a minority interests to Casse Emiliano Romagnole (2 million number of shares with 10,000 lire par value, 20% of total share capital as of 1993), which in turn the banking foundation became a minority shareholders of 1,868,750 shares with 10,000 lire par value (€5.16) in the holding company. In 2000 Rolo Banca acquired a majority interests in the bank (37% from the foundation, 17.32% from Cardine Banca, 19.49% after the public offer),[2] [3] with the remain 26.1% shares was sold from the foundation to UniCredit in 2003 for €98 million.[4]

In 2005 the bank was absorbed into the parent company.[5]

Banking foundation

, Fondazione Cassa di Risparmio di Carpi had a net assets of €285 million. He was the minority owner of Cassa Depositi e Prestiti (0.0964%), CDP Reti (0.0941%), UniCredit (0.0285%), the Bank of Italy (0.2000%) and Banca Popolare Etica.[6]

See also

External links

Notes and References

  1. Web site: Approvazione del progetto di ristrutturazione presentato dalla Cassa di risparmio di Carpi. 24 January 1992. 15 February 2016. Gazzetta Ufficiale. Italian.
  2. Web site: 2000 Bilancio Consolidato. 18 May 2001. 16 February 2016. UniCredit. Borsa Italiana archive. Italian.
  3. Web site: 2000 Bilancio Consolidato. 18 May 2001. 28 February 2016. Rolo Banca. Borsa Italiana archive. Italian.
  4. Web site: BILANCIO ESERCIZIO 2003. 29 June 2004. 15 February 2016. Fondazione Cassa di Risparmio di Carpi. Associazione di Fondazioni e di Casse di Risparmio S.p.A. (ACRI) archive. Italian.
  5. News: Accordo fusione Banca dell'Umbria e C.R. Carpi in Unicredito. 30 June 2005. FISAC/CGIL. Italian. 16 February 2016. https://web.archive.org/web/20160304042800/http://www.unicredito.fisac.cgil.it/gruppounicredito/document/umbriacarpi.html. 4 March 2016. dead.
  6. Web site: 2015 Bilancio. 13 July 2016. 3 September 2017. Fondazione Cassa di Risparmio di Carpi. Italian.