CR Fossano | |
Native Name: | Cassa di Risparmio di Fossano S.p.A. |
Native Name Lang: | it |
Type: | private società per azioni |
Industry: | Financial services |
Founded: | 1905 |
Founders: | --> |
Hq Location City: | Fossano |
Hq Location Country: | Italy |
Areas Served: | --> |
Services: | Retail banking |
Net Income: | €6,275,222 |
Net Income Year: | 2015 |
Assets: | €1,986,706,904 |
Assets Year: | 2015 |
Equity: | €121,776,950 |
Equity Year: | 2015 |
Ratio: | 9.70% (CET1) |
Footnotes: | source [1] |
Cassa di Risparmio di Fossano is an Italian saving bank based in Fossano, in the Province of Cuneo, Piedmont.
Monte di Pietà di Fossano was found in 1591. In 1905 the bank was formed by the mount of piety. Since the bank reforms in 1991, the bank was split into a società per azioni and a non-profit banking foundation.[2] Cassa di Risparmio di Torino (Banca CRT) once became a minority shareholders of the bank.[3] However its successor, UniCredit, sold their possession on Fossano (23.077%), Bra (31.021%), Saluzzo (31.019%) and Savigliano (31.006%) to Banca Popolare dell'Emilia Romagna for about €149 million in 2006. (which BPER paid €36.898 million for CR Fossano's shares)[4]