See also
- Banca Popolare di Venezia
- Cassa di Risparmio del Veneto, fellow Intesa Sanpaolo subsidiary
- Cassa di Risparmio del Friuli Venezia Giulia, fellow Intesa Sanpaolo subsidiary
Native name | Cassa di Risparmio di Venezia |
|---|---|
| Company type | Subsidiary of listed company |
| Industry | Bank |
| Founded | 1822 |
| Defunct | 2014 |
| Headquarters | Venice , Italy |
| Owners | Intesa Sanpaolo |
Cassa di Risparmio di Venezia S.p.A. known as Carive or CR Venezia in short, is a former Italian savings bank, based in Venice, Veneto. It was a subsidiary of Intesa Sanpaolo. The former owner of the bank, Fondazione di Venezia, still acts as a charity organization.
Reform in the banking sector in Venice was found by Napoleonic Italy as Banco Pignoratizio Comunale in 1806, using mount of piety model. In 1820, the Kingdom of Lombardy–Venetia (part of Austrian Empire) government introduce savings bank (Italian : Cassa di Risparmio) system to the city, which the opening of Cassa di Risparmio di Venezia was gazetted on 13 February 1822, despite the bank already opened on 12 February, the birthday of Francis II, Holy Roman Emperor (the ruler of Austrian Empire). [1] in the 20th centenary, Carive opened branches in Mestre (1910), Portogruaro (1911), Chioggia (1912) and Dolo (1913), the cities and towns in the modern Province of Venice. In 1987, Carive had 59 branches in the Province. [1] Since 1988, more branches were opened in the rest of Veneto region, as well as in Friuli.
Also due to Legge Amato , the daily banking operation, charity and ownership of the bank were separated as società per azioni and a banking foundation Fondazione Cassa di Risparmio di Venezia in 1992. [2] In 1994, the bank merged with the savings bank of Padova and Rovigo, Gorizia, Udine & Pordenone and Banca Agricola di Cerea to form a single holding company Casse Venete Banca, despite the subsidiaries still operated as separate entity.
In 2000, Carive followed the parent company to merge with Casse Emiliano Romagnole Group to form Cardine Banca Group. In 2002, Carive followed the group to merge with Sanpaolo IMI. On 2 January 2007, Carive became part of Intesa Sanpaolo Group after another merger.
In 2014 the bank was absorbed into the parent company, as the parent company planned to reduce the brand of the group. All former branches of Carive now bear the name of Intesa Sanpaolo directly.
The last full year result of the bank were: revenue of €183 million, net profits of €50 million, total asset of €4.432 billion and equity of €415 million. [3]
The former owner of the bank, Fondazione Cassa di Risparmio di Venezia or Fondazione di Venezia still held 0.33215% shares of Intesa Sanpaolo, or 0.35197% ordinary shares, as of 31 December 2013. [4]
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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.
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Crédit Agricole FriulAdria S.p.A. formerly known as Banca Popolare FriulAdria S.p.A., or known as FriulAdria in short, is an Italian bank, which is part of Crédit Agricole Italia, the Italian arm of French banking group Crédit Agricole.
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 in Bologna S.p.A. known as Carisbo, was an Italian savings bank founded in 1837 and based in Bologna, Emilia-Romagna. It has been 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 del Veneto S.p.A., known as CR Veneto, was an Italian savings bank, headquartered in Padua, Veneto. It was a subsidiary of Intesa Sanpaolo.
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.
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.
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.
Cassa di Risparmio di Fermo S.p.A. (Carifermo) is an Italian savings bank based in Fermo, Marche region.
Cassa di Risparmio del Friuli Venezia Giulia S.p.A., known as CariFVG in short, was an Italian savings bank based in Gorizia, Friuli – Venezia Giulia region.
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.
Cassa di Risparmio di Verona, Vicenza, Belluno e Ancona, also known by the shorthand Cariverona, was an Italian savings bank headquartered in Verona. It was formed in 1825 from a division of the Monte di Pietà di Verona, itself founded in 1490.
Cassa di Risparmio della Marca Trivigiana, also known as Cassamarca in short, was an Italian savings bank headquartered in Treviso, Veneto. The history of the bank goes back to 1496 when the charitable institution Monte di Pietà di Treviso was founded. The savings bank was established by the Monte in 1907, following a first bank spinoff in 1822 that ended up being absorbed in 1872 by the Cassa di Risparmio delle Provincie Lombarde.
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