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ⓘ 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 ..




                                     

ⓘ Cassa di Risparmio in Bologna

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.

The former owner of the bank, Fondazione Carisbo, still held 2.023% shares of Intesa Sanpaolo as of 31 December 2013.

                                     

1. History

Cassa di Risparmio in Bologna Carisbo formally started on 26 September 1837 after the idea of forming a bank emerged 2 years before in Bologna, in the Papal States.

In December 1991, due to Legge Amato, the bank ownership, charity and daily banking operation were separated into a banking foundation Fondazione Carisbo and a limited company Italian: Carisbo società per azioni. Casse Emiliano Romagnole also became a sub-holding company of the bank, which was majority owned by the foundation. In the same year Carisbo acquired BIMER Banca dellEmilia-Romagna per i Finanziamenti a Medio e Lungo Termine, which was a merger of Mediocredito Emilia-Romagna and Istituto Regionale di Credito Agrario per lEmilia-Romagna It was absorbed into Carisbo in 1994. As at 31 December 1993, Carisbo also had a minority interests in Cassa di Risparmio di Mirandola.

In 1997 Carisbo acquired 47% shares of Banca Popolare dellAdriatico, with CAER also acquired 5%. In 1997 Finemiro, a subsidiary of Carisbo, also transformed into Finemiro Banca. In 1997 Carisbo also sold their shares on Banca di Romagna.

In 2000 CAER Group merged with Casse Venete Banca to form Cardine Banca.

In 2002 Carisbo S.p.A. followed the group merged with Sanpaolo IMI. In 2007 Carisbo SpA followed Sanpaolo IMI to become part of Intesa Sanpaolo Group, which owned 100% shares of the bank.

                                     
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