Cassa dei Risparmi di Forlì e della Romagna

Cassa dei Risparmi di Forlì e della Romagna
Formerly
  • Cassa di Risparmio di Forlì
  • Cassa dei Risparmi di Forlì
Subsidiary
Industry Financial services
Fate absorbed by Intesa Sanpaolo
Founded 1839 (1839) in Forlì, the Papal States
Defunct 2018[1][2]
Headquarters Forlì, Italy
Area served
 Romagna region, Italy
Brands Cariromagna
Owners
Intesa Sanpaolo(82.30%)
Fondazione Cariforlì(10.74%)
Website www.cariromagna.it

Cassa dei Risparmi di Forlì e della Romagna S.p.A., known as Cariromagna, was an Italian savings bank based in Forlì, Emilia-Romagna region.

History

Found in 1839 by a decree of Pope Gregory XVI in Forlì, in the Papal States, Cassa di Risparmio di Forlì (Cariforlì in short, renamed to Cassa dei Risparmi di Forlì in 1859) was a savings bank which serves Forlì and surrounding area. In 1992, due to Legge Amato, the bank was split into two entities, Fondazione Cassa dei Risparmi di Forlì (Fondazione Cariforlì) which serves as the owner and a philanthropic organization, and Cassa dei Risparmi di Forlì S.p.A. as the company to run bank activities.

In 2000, Sanpaolo IMI acquired the bank minority rights to serve as a strategic partner. Banca CR Firenze also acquired a minority interests on the bank. On 31 December 2006, Sanpaolo IMI held 38.25% voting rights and share capitals, while Banca CR Firenze held 11.614% ordinary shares and preferred shares worth 1.136% of the shares capital. The banking foundation only retained 28.38% as the second largest shareholders. Private citizens owned 20.62%.[3]

The bank was renamed to Cassa dei Risparmi di Forlì e della Romagna (in short Cariromagna) on 19 March 2007 to serve for the banking group as a brand used in Romagna region. In the same year Sanpaolo IMI and Banca CR Firenze were merged with Banca Intesa to become one of the two multi-national banking group of Italy, Intesa Sanpaolo (the other one was UniCredit). Cariromagna received branches from other subsidiaries of the banking group to enhance its branch network in the region.

Sponsorship

The bank was a sponsor of local football team Forlì F.C.,[4] which plays in 2012–13 Lega Pro Seconda Divisione.

Banking foundation

Fondazione Cassa dei Risparmi di Forlì was the original legal entity of the bank, as well as the largest shareholder of the new legal person since 1992. After the bank was acquired by Intesa Sanpaolo, the foundation retained a minority stake. The foundation still served as a charity organization for the Romagna region and the city of Forlì .

See also

References

  1. ↑ "Intesa Sanpaolo: merger by incorporation of Cassa dei Risparmi di Forli' e della Romagna S.p.A. into Intesa Sanpaolo S.p.A." (Press release). Intesa Sanpolo. 6 April 2018. Retrieved 15 July 2018.
  2. ↑ "Intesa Sanpaolo: mergers of Group companies" (Press release). Intesa Sanpolo. 24 May 2018. Retrieved 15 July 2018.
  3. ↑ "2006 Bilancio di missione" (PDF). Fondazione Cassa dei Risparmi di Forlì (in Italian). ACRI archive. 5 April 2007. Retrieved 18 February 2016.
  4. ↑ "Forlì calcio in festa all'Auditorium Cariromagna "Forlì calcio in festa all'Auditorium Cariromagna"". Forlì Today (in Italian). 26 September 2012. Retrieved 3 January 2016.



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