Native name | Banca Regionale Europea S.p.A. | ||||
---|---|---|---|---|---|
Type | Subsidiary | ||||
Industry | Financial services | ||||
Predecessor | |||||
Founded | 1995 | ||||
Defunct | November 2016 | ||||
Fate | absorbed by UBI Banca | ||||
Headquarters | Cuneo , Italy | ||||
Area served | Piedmont, Aosta Valley, Liguria, Lombardy and Tuscany | ||||
€949,504 (2014) | |||||
Total assets | €9,448,281,446 (2014) | ||||
Total equity | €1,295,542,971 (2014) | ||||
Owner |
| ||||
Parent | UBI Banca | ||||
Capital ratio | 18.80% (Tier 1) [1] |
Banca Regionale Europea was an Italian bank based in Cuneo, Piedmont. The bank was a merger of Cassa di Risparmio di Cuneo and Banca del Monte di Lombardia in 1995.
In 2000, the bank joined Group Banca Lombarda e Piemontese. Banca Lombarda held 50.11% shares of BRE at that time, as well as sold all the shares it held at Banca Cassa di Risparmio di Tortona (60%; a bank based in Piedmont), to BRE. In 2006 Banca CR Tortona, was merged into Banca Regionale Europea, as well as Banco di San Giorgio in 2012. The bank also followed the holding company to join UBI Banca Group in 2007 (a merger with Banche Popolari Unite). As of 31 December 2014, out of 1560 branches of UBI Banca, 13% were Banca Regionale Europea (208), behind former sister companies of Group Banca Lombarda, Banco di Brescia 288, and former Banche Popolari Unite companies Banca Popolare di Bergamo (351), Banca Carime (216); as well as tied with Banca Popolare di Ancona (208).
As of 31 December 2014, the former owner of CR Cuneo, CR Cuneo Foundation, still held 24.90% of the shares of Banca Regionale Europea. [2] In 2010 UBI Banca exchanged the shares of Banca Popolare Commercio e Industria and Banca Regionale Europea with the former owner of Banca del Monte di Lombardia. That year UBI Banca reached an ownership ratio of 74.9437%. [3]
As part of the new business plan of the banking group, Banca Regionale Europea was absorbed into the parent company in November 2016.
The bank was a sponsor of A.S.D. Cuneo Calcio Femminile. [4]
Intesa Sanpaolo S.p.A. is an Italian international banking group. It is Italy's largest bank by total assets and the world's 27th largest. It was formed through the merger of Banca Intesa and Sanpaolo IMI in 2007, but has a corporate identity stretching back to its first foundation as Istituto Bancario San Paolo di Torino in 1583.
Unione di Banche Italiane S.p.A., commonly known for its trading name UBI Banca, was an Italian banking group, the fifth largest in Italy by number of branches. It was formed on 1 April 2007 from the merger of the Banche Popolari Unite and Banca Lombarda e Piemontese banking groups.
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Cassa di Risparmio is the Italian word for savings bank, and may refer to:
Cassa di Risparmio di Tortona was an Italian savings bank based in Tortona, Piedmont. The bank was merged into Banca Lombarda in 1999, while the former owner of the bank, Fondazione Cassa di Risparmio di Tortona, still operates as a charity organization.
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Cassa di Risparmio di Cuneo S.p.A. was an Italian savings bank based in Cuneo, Piedmont. The organization ceased to operate as a bank, turning into a non-profit organization as Fondazione Cassa di Risparmio di Cuneo.
Banca del Monte di Lombardia was an Italian regional bank and a charity organization. Due to 1990s banking reform, a S.p.A. and Fondazione Banca del Monte di Lombardia were formed, which the former was merged with another bank in 1995.
Banca Lombarda e Piemontese was an Italian banking group. It was formed as Banca Lombarda in 1998 by the merger of Banca San Paolo di Brescia and Credito Agrario Bresciano. The group merged with Banca Regionale Europea in 2000, which changed their name to reflect the extension to Piedmont region. In 2007 the group merged with Banche Popolari Unite to form UBI Banca.
Banca Popolare Commercio e Industria S.p.A. (BPCI) was an Italian bank based in Milan, Lombardy. Found in 1888, the bank absorbed other banks in the 20th century, as well as forming bank group with other banks in the first decade of the 21st century. However, in late 2016 the bank was absorbed by parent company UBI Banca, becoming a defunct brand.
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Banca Popolare di Ancona S.p.A. is an Italian bank based in Jesi, in the Province of Ancona, Marche. it is a subsidiary of UBI Banca.
Cassa di Risparmio di Fano S.p.A. (Carifano) was an Italian saving bank based in Fano, Marche. The bank had 40 branches all in Marche and Umbria.
Nexi S.p.A. formerly known as Istituto Centrale delle Banche Popolari Italiane S.p.A. (ICBPI) is an Italian bank that specialises in payment systems such as Nexi Payments. The bank was specialised as a central institution of Italian Popular Bank..
Banca di Credito Cooperativo di Alba, Langhe, Roero e Canavese S.C. known as Banca d'Alba is an Italian cooperative bank based in Alba, Piedmont region. The bank is a member of Federazione Italiana delle Banche di Credito Cooperativo - Casse Rurali ed Artigiane (Federcasse) and Federazione delle Banche di Credito Cooperativo del Piemonte, Valle d'Aosta e Liguria. The bank own a minority interests in ICCREA Banca.
Associazione di Fondazioni e di Casse di Risparmio S.p.A. is an Italian banking association. The members were the savings banks of Italy, or the foundation that originate from the reform trigger by Legge Amato.
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