Cassa di Risparmio del Friuli Venezia Giulia S.p.A., known as CariFVG in short, was an Italian savings bank based in

Gorizia Gorizia (; ; , ; ; ) is a town and (municipality) in northeastern Italy, in the autonomous region of Friuli-Venezia Giulia. It is located at the foot of the Julian Alps, bordering Slovenia. It is the capital of the Province of Gorizia, Region ...

, Friuli – Venezia Giulia region.

Predecessors

Cassa di Risparmio di Gorizia

Cassa di Risparmio di Gorizia was found on 1831 in

Gorizia and Gradisca The Princely County of Gorizia and Gradisca (; ; ), historically sometimes shortened to and spelled "Goritz", was a crown land of the Habsburg dynasty within the Austrian Littoral on the Adriatic Sea, in what is now a multilingual border area of ...

, in the

Austrian Empire The Austrian Empire, officially known as the Empire of Austria, was a Multinational state, multinational European Great Powers, great power from 1804 to 1867, created by proclamation out of the Habsburg monarchy, realms of the Habsburgs. Duri ...

by the Count Giuseppe/Joseph (

della Torre The House of Della Torre (Torriani or Thurn) was an Italian noble family who dominated Lombardy and much of northern Italy between the 12th and 14th centuries. They owned the Lordship of Milan, before being expelled by the Visconti. They were membe ...

) von Thurn Hofer und Valsassina. Due to

Legge Amato Legge () is a surname. Notable people with the surname include: *Alexander Legge (1866–1933), US businessman, president of International Harvester *Anthony Legge (1939–2013), British archaeologist specialized in zooarchaeology *Arthur Kaye Legg ...

, the bank formed a subsidiary Cassa di Risparmio di Gorizia S.p.A. (a company limited by shares; ), with the original corporation became a private entity Fondazione Cassa di Risparmio di Gorizia. (Decree of the Ministry of the Treasury on 26 June 1992; gazetted on 22 July 1992)

Cassa di Risparmio di Udine e Pordenone

A predecessor of Cassa di Risparmio di Udine e Pordenone was formed in 1496 as a

mount of piety A mount of piety is an institutional pawnbroker run as a charity in Europe from Renaissance times until today. Similar institutions were established in the colonies of Catholic countries; the Mexican Nacional Monte de Piedad is still in operation ...

(), by a Franciscan Domenico da Ponzone, in the

Republic of Venice The Republic of Venice, officially the Most Serene Republic of Venice and traditionally known as La Serenissima, was a sovereign state and Maritime republics, maritime republic with its capital in Venice. Founded, according to tradition, in 697 ...

, 34 years after the first recorded mount of Italy was founded in Perugia, by other

Franciscans The Franciscans are a group of related organizations in the Catholic Church, founded or inspired by the Italian saint Francis of Assisi. They include three independent religious orders for men (the Order of Friars Minor being the largest conte ...

, Bernardine of Feltre and Michele Carcano, in the Papal States. The first savings bank () of the city was formed in 1822 but soon ceased business. In 1876 Cassa di Risparmio di Udine was re-established as an autonomous entity on the basis of a branch of

Cassa di Risparmio delle Provincie Lombarde Cassa di Risparmio delle Provincie Lombarde, known in shorthand as Cariplo SpA, was an Italian bank founded in 1823. On 2 January 1998, it merged with Banco Ambrosiano Veneto to form Banca Intesa. Cariplo SpA became a short-lived sub-holding comp ...

. In 1928, due to the royal decree-law No.269 of 1927, (law no.2587 of 1927) which promoted merger of banks if they did not pass a threshold of size, the savings bank acquired the mounts of piety located in

San Daniele del Friuli San Daniele del Friuli () is a (municipality) in the province of Udine, in the Italian region of Friuli-Venezia Giulia, located about northwest of Trieste and about northwest of Udine. San Daniele del Friuli borders these municipalities: Dign ...

and

Cividale del Friuli Cividale del Friuli (, locally ; ; ) is a town and (municipality) in the Regional decentralization entity of Udine, part of the North-Italian region of Friuli-Venezia Giulia. The town lies above sea-level in the foothills of the eastern Alps, ...

. During World War II, in 1942, the mount, as that time known as its new name Monte di Credito su Pegno di Udine, was merged to the savings bank. It was renamed to Cassa di Risparmio di Udine e Pordenone in 1968 (same year as the foundation of the

Province of Pordenone The province of Pordenone (; ; ) was a province in the autonomous region of Friuli-Venezia Giulia, Italy, subdivided from the province of Udine in 1968. Its capital was the city of Pordenone. The province was abolished on 30 September 2017; it wa ...

, which was split from the Province of Udine). By a decree of the Ministry of the Treasury, Cassa di Risparmio di Udine e Pordenone S.p.A. was formed in 1991 and the original statutory corporation became Fondazione Cassa di Risparmio di Udine e Pordenone (now Fondazione Friuli). The limited company immediately recapitalized, which

Cassa di Risparmio di Verona, Vicenza, Belluno e Ancona 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. ...

owned 25% stake of the share capital after increase.

As subsidiaries of Casse Venete Banca

The two foundations of the savings banks, along with banking foundations from

Venice Venice ( ; ; , formerly ) is a city in northeastern Italy and the capital of the Veneto Regions of Italy, region. It is built on a group of 118 islands that are separated by expanses of open water and by canals; portions of the city are li ...

and Padova–Rovigo, formed a common holding company

Casse Venete Banca 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. History The bank was one of the oldest savings bank of Italy, which in 1822 the gove ...

. The holding merged with

Casse Emiliano Romagnole 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). History Due to Legge Amato, all savin ...

in 2000 to form

Cardine Banca Cardine Banca S.p.A. was an Italian banking group that operated between 2000 and 2002. It was acquired by Sanpaolo IMI an banking and insurance conglomerate. History The bank was founded in 2000 by the merger of Casse Emiliano Romagnole and Cas ...

and in 2002 the group merged with

Sanpaolo IMI Sanpaolo IMI S.p.A. was an Italian banking and insurance conglomerate, based in Turin. It employed about 44,000 people and had about 7 million customers. On 24 August 2006, a merger with Banca Intesa was announced, which on 1 December 2006 was ap ...

. During the period the two savings banks remained as two separate subsidiaries.

History

On 1 December 2003 Friulcassa S.p.A. Cassa di Risparmio Regionale was formed by the merger of the two savings banks. The bank later renamed as Cassa di Risparmio del Friuli Venezia Giulia S.p.A. in 2007. In the same year the parent company

also merged with

Banca Intesa Banca Intesa S.p.A. was an Italian banking group, formed in 1998 by merger of Cassa di Risparmio delle Provincie Lombarde (Cariplo) and Banco Ambrosiano Veneto. The next year, the banking group merged with Banca Commerciale Italiana to become ...

. The merger also triggered the group sold another subsidiary

FriulAdria Crédit Agricole FriulAdria S.p.A. formerly known as Banca Popolare FriulAdria S.p.A., or known as FriulAdria in short (abb. of Friuli and Adriatic Sea), is an Italian bank, which is part of Crédit Agricole Italia, the Italian arm of French ban ...

Crédit Agricole Crédit Agricole Group (), sometimes called La banque verte (, , due to its historical ties to farming), is a French international banking group and the world's largest cooperative financial institution. It is the second largest bank in France, ...

due to Crédit Agricole withdrew as the shareholders of Intesa, as well as to avoid monopoly market share in the region. However, the group was still not allowed to open new branches in the Province of Udine and Gorizia for two years. On 22 December 2017, after Intesa Sanpaolo acquired

Banca Popolare di Vicenza Banca Popolare di Vicenza (BPVi) was an Italian bank and currently a winding-down company. The banking group along was the 15th-largest retail and corporate bank of Italy by total assets at 31 December 2016, according to Mediobanca. However, its si ...

and

Veneto Banca Veneto Banca S.p.A. is a former Italian bank headquartered in Montebelluna, Italy and currently a wind-down unit. The bank changed from a Cooperative banking, cooperative society to a limited company in December 2015. Following a failed stock mar ...

, the banking group announced that Cassa di Risparmio del Friuli Venezia Giulia would be absorbed into Intesa Sanpaolo as branches.

References

;general * ;specific

External links

* {{Authority control Banks established in 2003 Italian companies established in 2003 Banks disestablished in 2018 Italian companies disestablished in 2018 Defunct banks of Italy Companies based in Udine Companies based in Gorizia Former Intesa Sanpaolo subsidiaries Cardine Banca Sanpaolo IMI Mounts of piety