Native name | Cassa di Risparmio della Provincia di Viterbo |
---|---|
Formerly | Cassa di Risparmio di Viterbo |
Company type | Società per azioni |
Industry | Financial services |
Founded | 1855 1991 (S.p.A.) [1] | in Viterbo
Defunct | 2015 |
Fate | absorbed by the parent company |
Successor |
|
Headquarters | , |
Owner |
|
Parent | Intesa Sanpaolo |
Footnotes /references mid-2014 data |
Cassa di Risparmio della Provincia di Viterbo (Carivit) was an Italian bank and charity organization. The banking business was acquired by Cariplo in 1990s. In 2015 Intesa Sanpaolo completely absorbed the bank.
Cassa di Risparmio di Viterbo was found in 1855 in Viterbo in the Papal States. The bank acquired the saving banks in Acquapendente, Bagnoregio and Carbognano in 1927 and Casse di Risparmio Riunite di Ronciglione, Sutri, Capranica e Caprarola in 1937, due to a reform to force small saving banks to merge with a larger one. In the same year the bank was renamed into Cassa di Risparmio della Provincia di Viterbo. [2]
Due to Legge Amato, the bank was split into a limited company (S.p.A.) and a charity organization (Ente Cassa di Risparmio della Provincia di Viterbo). [3] [4] In 1990s Cassa di Risparmio delle Provincie Lombarde (Cariplo) bought 41.1% shares of the S.p.A. [5] In 1997 it was increased to 64.32% [6] and 70.92% in 1998. [7] In the same year Cariplo was merged with Banco Ambrosiano Veneto to form Banca Intesa. In 1999 Casse del Centro became the sub-holding company, which also included saving banks in Rieti (Cariri), Foligno, Città di Castello and Spoleto. In 2004 the sub-holding company increased its ownership ratio to 75.81% (ordinary and preferred shares combined). In December 2008 Banca CR Firenze, another bank from Intesa Sanpaolo Group, became the new sub-holding company by acquiring Casse del Centro from Intesa Sanpaolo.
On 11 December 2014 Intesa Sanpaolo bought the remain 11.09% stake held by the foundation for €18,836,226.32. It was part of the reform of banking foundations, which the Ministry of Economy and Finance forced the foundations to diversify their investments. Despite the historical value of the stake of the bank (€10,742,657) held by the foundation, did not pass the limit of 33% of the total assets (€47,607,996 at 31 December 2013). [8] However, the fair value (and later the sold value) of the stake, €18,836,226.32, was equal to 33.78% of the total assets (€55,759,184) of the organization as at 31 December 2014. [8]
In 2015, Intesa Sanpaolo decided to absorbed Carivit, Cariri and Cariciv (all from Lazio region) into the parent company, in order to simply the company structure. Intesa Sanapolo selling news shares of the company to buy the remain shares of Carivit. [9] As at 31 December 2014 Intesa Sanpaolo owned 11.09% stake directly, and through non-wholly-owned subsidiary Banca CR Firenze for and additional 75.81%; 2.90% were treasury shares and only 10.20% were held by the third parties. [8] [10]
Carivit had a shareholders' equity of €134,298,708 as at 31 December 2014. [10]
Fondazione Cassa di Risparmio della Provincia di Viterbo or Fondazione Carivit was a minority shareholders of Cassa Depositi e Prestiti. The foundation had a shareholders' equity of €44,685,856 on 31 December 2014. [8]
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.
Crédit Agricole Italia S.p.A., formerly Crédit Agricole Cariparma S.p.A., is an Italian banking group, a subsidiary of French banking group Crédit Agricole. Crédit Agricole Italia was ranked as the 11th largest bank in Italy by total assets at 31 December 2015. The group serving Emilia-Romagna, Liguria and Friuli Venezia Giulia, where the predecessors originated, as well as Campania, Lazio, Lombardy, Piedmont, Tuscany, Umbria and Veneto, or half of Italian regions.
Fondazione Cariplo is a charitable foundation in Milan, Italy. It was created in December 1991 when the Amato law, Law no. 218 of 30 July 1990, came into force. Under this law, saving banks were required to separate into a not-for-profit foundation and a commercial banking arm. The Cassa di Risparmio delle Provincie Lombarde, commonly known as Cariplo, was divided into the Fondazione Cariplo and Cariplo SpA, the bank, which merged with Ambroveneto in 1998.
Banca Adriatica S.p.A. trading as UBI Banca Adriatica and formerly known as Nuova Banca delle Marche S.p.A. was an Italian bank based in Jesi, Marche region. It has operations in several regions in central Italy, but concentrated in Marche region, which 73% of the branches were located in that region as of 2016. The bank was formed on 22 November 2015 by the spin off of the good assets of the original Banca delle Marche S.p.A..
Crédit Agricole Carispezia S.p.A. formerly known as Cassa di Risparmio della Spezia S.p.A., or Carispezia in short, is an Italian savings bank, which is part of Crédit Agricole Italia, the Italian arm of French banking group Crédit Agricole.
Banca Cassa di Risparmio di Firenze S.p.A. known as Banca CR Firenze, was an Italian savings bank. Once a listed company, the group now part of Intesa Sanpaolo since 2007.
Cassa di Risparmio is the Italian word for savings bank, and may refer to:
Cassa di Risparmio delle Province Lombarde known as Cariplo SpA, was an Italian bank. On 2 January 1998 the bank merged with Banco Ambrosiano Veneto to form Banca Intesa. The company became a short-lived sub-holding company in late 1990s, which was completely absorbed circa 2000.
Cassa di Risparmio in Bologna S.p.A. known as Carisbo, was an Italian savings bank based in Bologna, Emilia-Romagna. The bank was part of Intesa Sanpaolo Group since 2007.
Cassa di Risparmio di Ascoli Piceno known as Carisap, is a former Italian regional bank based in Ascoli Piceno, Marche. A subsidiary of Intesa Sanpaolo, the bank merged with another subsidiary of the group, Banca dell'Adriatico in 2013.
Cassa di Risparmio di Foligno, or Carifol in short, is a former Italian regional bank based in Foligno, Umbria. A subsidiary of Intesa Sanpaolo, the bank was merged with 3 other saving banks in Umbria to form Casse di Risparmio dell'Umbria in 2012.
Cassa di Risparmio di Alessandria was an Italian regional bank based in Alessandria, Piedmont. It was absorbed into the parent company Banca Popolare di Milano in 2012.
Banca Caripe S.p.A. was an Italian saving bank based in Pescara, Abruzzo Region. There were 13 branches of the bank outside the Province of Pescara in Abruzzo and Marche regions, out of 48 total. In 2016 the bank was absorbed by the parent company Banca Popolare di Bari, but retaining as brand.
Banca Tercas, formerly known as Cassa di Risparmio della Provincia di Teramo was an Italian savings bank based in Teramo, Abruzzo. On 1 January 2011 the bank purchased fellow savings bank Banca Caripe from Banco Popolare. The enlarged banking group was also referred as Tercas Caripe. However, Tercas was acquired by Banca Popolare di Bari in 2014, which in turn Tercas and Caripe became part of the BP Bari Group as divisions. A spin off organization of the bank, Fondazione Cassa di Risparmio della Provincia di Teramo or Fondazione Tercas, still operates as a charity organization and independent from Banca Popolare di Bari.
Banca Teatina S.p.A. formerly known as Nuova Cassa di Risparmio di Chieti S.p.A. was an Italian savings bank headquartered in Chieti Scalo, Chieti, Abruzzo region. The bank was formed on 22 November 2015 to replace the old Cassa di Risparmio della Provincia di Chieti S.p.A. which was under special administration from 2014 to 2015. The bank was bought by UBI Banca on 18 January 2017 for a nominal fee. Cassa di Risparmio della Provincia di Chieti S.p.A. was the successor of the bank that known as "Cassa di Risparmio della Provincia di Chieti", which was under legal reconstruction in the 1990s. The former legal entity of "Cassa di Risparmio della Provincia di Chieti" became Fondazione Cassa di Risparmio della Provincia di Chieti, which was the majority shareholder of the S.p.A. before its failure in 2015.
Cassa di Risparmio di Civitavecchia (Cariciv) was an Italian retail bank based in Civitavecchia, in the Metropolitan City of Rome Capital. In 2015, along with two other Lazio-based subsidiaries: Rieti and Viterbo, were absorbed by parent company Intesa Sanpaolo. Fondazione Cassa di Risparmio di Civitavecchia found in 1992 by separating the charity function from the bank, was still operates as in 2016.
Fondazione Cassa di Risparmio di Padova e Rovigo is an italian philanthropic organization formed in 1991. It was formed by separating the Cassa di Risparmio di Padova e Rovigo into two separate entities: a limited company that offers banking services and a banking foundation which holds a stake in the bank capital.
Casse di Risparmio dell'Umbria S.p.A., known as Casse dell'Umbria, is an Italian retail bank based in Terni, Umbria. The bank is a subsidiary of Intesa Sanpaolo.
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.
Cassa di Risparmio di Carrara S.p.A. was an Italian saving bank based in Carrara, Tuscany. The bank was absorbed by the parent company Banca Carige in 2015.