 Head office in Lucca | |
| Company type | Division (former subsidiary) |
|---|---|
| Predecessor |
|
| Founded |
|
| Headquarters | Lucca , Italy |
| Owner | Banco BPM |
| Parent | Banco BPM |
| Website | Official website |
Cassa di Risparmio di Lucca Pisa e Livorno S.p.A. was an Italian saving bank based in Lucca. It was a subsidiary of Banco Popolare and currently a sub-division (under BPL) and brand of the group Banco BPM.
Cassa di Risparmio di Lucca was founded in the Duchy of Lucca on 9 July 1835. Due to Legge Amato, a Società per azioni that runs bank activity, and a banking foundation that runs charity activities, were formed on 7 April 1992 (gazetted on 29 April). [1] [2] The foundation immediately sold about 51% shares to an intermediate holding company "Holding Casse Toscane" (literally Tuscan saving banks holding), which also consist of the saving banks (Italian : Cassa di Risparmio) of Florence, Livorno, Pisa, Pistoia, San Miniato as well as Banca del Monte di Lucca. CR Lucca received about 18% shares of the holding, making the foundation hold about 49% shares of their own bank directly, or about 58.18% directly and indirectly combined. [1]
In 1995, CR Pisa, Livorno, Lucca and Banca Monte Lucca quit the union and formed "Holding Casse del Tirreno" (literally Tyrrhenian saving banks holding). [3] [4]
In 1999 the three saving banks became part of Banca Popolare di Lodi, with the foundation of CR Lucca retained 49.66% shares on its own bank. In 2000s, Banca Popolare di Lodi started the internal reorganization of ownership structure (In 2000 Casse del Tirreno was a subsidiary of Istituto di Credito delle Casse di Risparmio Italiane (ICCRI), which in turn a subsidiary of Bipielle Partecipazioni, a subsidiary of Banca Popolare di Lodi; in 2001 Casse del Tirreno was absorbed into ICCRI; [5] in 2002 Bipielle Retail became the new intermediate holding company; in 2003 Pisa and Livorno started to become a subsidiary of Lucca, while Lucca was a subsidiary of Reti Bancarie) In 2005 Pisa and Livorno were whole owned subsidiaries of Lucca, while Lucca was a subsidiary of Banca Popolare di Lodi through direct (20.93%) and indirect ownership (BPL owned 73.52% shares of Reti Bancarie; Reti Bancarie owned 46.28% shares of Lucca). [6]
In 2006 Pisa and Livorno were absorbed into the Saving Bank of Lucca, as well as renamed into Cassa di Risparmio di Lucca Pisa Livorno. In 2007 it became a member of Banco Popolare. Banco Popolare acquired the minority interest of CR Lucca Pisa Livorno SpA from the banking foundation of Pisa in 2008 (foundation excised a put option), and from Livorno in 2011. The bank group also swapped the shares of Credito Bergamasco with the banking foundation of CR Lucca in 2010, as well as paid €156,363,203 in cash, by the foundation excising the put option. [7] After the transactions, Banco Popolare became 100% owner of the shares, which turned the company into a division of the bank group. The last annual report of the bank shown the company had a shareholders' equity of €1.197 billion on 31 December 2010. [8]
The banking division was a sponsor of A.S. Lucchese Libertas 1905. [9]
Fondazione Cassa di Risparmio di Lucca was the second largest shareholder of Banco Popolare (2.891%), behind BlackRock which actually a proxy for clients (as of 31 December 2015). [10] The foundation also owned 20% of Banca del Monte di Lucca, as well as a minority ownership in Cassa Depositi e Prestiti (0.984%), CDP Reti (0.094%), F2i SGR (2.241%), as well as several blue chip and/or listed companies: Intesa Sanpaolo (0.020%), Banca Monte dei Paschi di Siena (0.184%), Banca Carige (1.109%), Banca Mediolanum (0.041%), Cattolica Assicurazioni (0.324%), UnipolSai (0.148%), Assicurazioni Generali (0.052%), Enel (0.037%), Eni (0.027%), Atlantia (0.064%), Telecom Italia (0.07%), Snam (0.0899%), Terna (0.144%), STMicroelectronics (0.132%), Engie (0.004%), Total (0.002%), Exor (0.032%), Fiat Chrysler Automobiles (0.012%), as at 31 December 2015. It had an equity of €1.2 billion. [11]
After the merger of Banco Popolare with Banca Popolare di Milano (and the recapitalization of Banco Popolare in 2016), it saw the status as one of the large shareholder of the new bank Banco BPM, was diluted. It had an art collection.
Fondazione Pisa and Fondazione Livorno did not kept Banco Popolare as their investments.
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:
Gruppo Bancario Casse Emiliano Romagnole (CAER) was an Italian holding company and banking group, based in Bologna, Emilia-Romagna. The main company of the group was Cassa di Risparmio in Bologna (Carisbo).
Cassa di Risparmio di Prato S.p.A. or known as Cariprato or C.R. Prato, is a former Italian saving bank based in Prato, Tuscany. It was acquired by Banca Popolare di Vicenza (BPVi) in 2003. In 2010 it was completely absorbed by the parent company as its own branded branches.
Cassa di Risparmio di Cento S.p.A. is an Italian savings bank based in Cento, Emilia-Romagna, which serve the Province of Ferrara, Bologna and Modena.
Cassa di Risparmio di San Miniato S.p.A. (Carismi) was an Italian savings bank based in San Miniato, in the Province of Pisa, Tuscany. It was taken over by Crédit Agricole via its Crédit Agricole Italia division.
The Savings Bank of the Province of Bolzano / South Tyrol is an Italian savings bank based in Bolzano, the capital of South Tyrol autonomous region.
Banca del Monte di Lucca S.p.A. is an Italian bank. It was related to charity organization Fondazione Banca del Monte di Lucca which they were split in 1990s.
Cassa di Risparmio di Pisa is a former Italian savings bank and charity organization, based in Pisa, Tuscany. The bank was spin off into a banking foundation and a Società per Azioni in 1992.
The Fondazione Pisa is a charity organization that was spun off from Cassa di Risparmio di Pisa in 1992. From 1992 to 1999 the foundation was the major shareholder of the bank, but was gradually sold to Banca Popolare di Lodi.
Cassa di Risparmi di Livorno is a former Italian regional bank and charity organization, based in Livorno, Tuscany. In 1992 the organization was split into a limited company and a banking foundation Fondazione Cassa di Risparmi di Livorno.
Cassa di Risparmio di Pistoia e della Lucchesia is an Italian regional bank based in Pistoia, Tuscany. The bank was a subsidiary of Banca CR Firenze, with Intesa Sanpaolo as the ultimate holding company.
Reti Bancarie was an intermediate holding company of Banca Popolare di Lodi Group. BPL's subsidiary reverse takeover listed company Banco di Chiavari e della Riviera Ligure in 2003. in 2006 it was absorbed into BPL.
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 Popolare di Lodi was an Italian cooperative bank based in Lodi, Lombardy. The bank was absorbed into parent company Banco Popolare in 2011. However, the bank still operates as a division and a brand of the group.
Credito Bergamasco (Creberg) was an Italian bank based in Bergamo, Lombardy. The bank was acquired by Banca Popolare di Verona – Banco S. Geminiano e S. Prospero S.c.a.r.l. in 1997. The bank remained as a list company in Borsa Italiana until 2014. In 2014 it was absorbed into Banco Popolare S.C.. However, the former bank remained as a division of the company.
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.
Cassa di Risparmio di Imola was an Italian savings bank based in Imola, in the Province of Bologna, Emilia-Romagna. It currently a department and a brand of Banco Popolare.
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 Spa 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.
| Subsidiaries |
| ||||||||
|---|---|---|---|---|---|---|---|---|---|
| joint ventures |
| ||||||||
| Divisions |
| ||||||||
| Former subsidiaries | |||||||||
