Cardine Banca
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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 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 ...
and Casse Venete Banca. On 1 June 2002 the group was acquired by Sanpaolo IMI in an all shares deal. In 2000 Banca Agricola di Gorizia was sold to Banca Popolare di Cividale. In 2002, the European
Investment Bank Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broade ...
advanced a €200.37 million loan to the banking group, as part of a subsidized loan to small and medium-sized enterprises and small and medium-sized infrastructure projects.


Subsidiaries

*product company ** Cardine Leasing ** Finemiro Leasing ** Cardine Fiduciaria * retail banks ** Banca Agricola di Cerea ** Banca Popolare dell'Adriatico ** Cassa di Risparmio di Gorizia ** Cassa di Risparmio di Padova e Rovigo (Cariparo) ** Cassa di Risparmio di Udine e Pordenone (CRUP) ** Cassa di Risparmio di Venezia ** Cassa di Risparmio in Bologna (Carisbo) ** Finemiro Banca ** FarBanca ** West Bank S.A.


References

Sanpaolo IMI acquisitions Defunct banks of Italy Italian companies established in 2000 Banks established in 2000 Italian companies disestablished in 2002 Banks disestablished in 2002 {{Italy-bank-stub