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 Intesa Sanpaolo Società per azioni, 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 ...

, the bank merged with another subsidiary of the group,

Banca dell'Adriatico Banca dell'Adriatico S.p.A. was an Italian regional bank based in Pesaro, Marche. The bank was a subsidiary of Intesa Sanpaolo. History Banca Popolare Pesarese was found in Pesaro, Marche in 1875, at that time a cooperative bank. In 1989 the bank ...

in 2013. The former owner of the bank, Fondazione Cassa di Risparmio di Ascoli Piceno (Fondazione Carisap), still operated as a charity organization. The foundation still held 0.3537% shares of Intesa Sanpaolo, as of 31 December 2013.

History

Cassa di Risparmio di Ascoli Piceno was founded in Ascoli Piceno,

Papal States The Papal States ( ; ; ), officially the State of the Church, were a conglomeration of territories on the Italian peninsula under the direct sovereign rule of the pope from 756 to 1870. They were among the major states of Italy from the 8th c ...

in 1842, the bank became

Società per azioni (; abbr. S.p.A. or spa ) is a form of corporation in law of Italy, Italy, meaning 'company with shares' (although often translated as 'joint-stock company', which may or may not be a limited liability entity). It is more or less equivalent to ...

in 1992 due to Legge Amato. In the 1990s

Cariplo 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 com ...

acquired 25% shares of Carisap from Fondazione Carisap. Carisap followed the parent company Cariplo to merge with Banco Ambrosiano Veneto to form

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 ...

on 1 January 1998, in July in of same year the group reached 66% ownership of the bank. In 2001, Ascoli became part of an intermediate holding company Holding IntesaBCI Centro, which already consists of 5 other saving banks () who joined in 1999. In 2003, one more saving bank joined the mini-group. In 2007 Carisap followed the ultimate parent company Banca Intesa to become part of

Group. In 2008, the 7 saving banks were transferred to Banca CR Firenze, a newly acquired subsidiary of

as the intermediate holding company. In 2012 Banca CR Firenze acquired the remaining 34% shares of Carisap S.p.A. from Fondazione Carisap for a price of €70 million, and then Banca CR Firenze sold Carisap to Intesa Sanpaolo for €205 million.2012 Annual report
Banca CR Firenze Of the remaining 6 saving banks, 4 of them had also grouped as

Casse di Risparmio dell'Umbria 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 (via Banca CR Firenze). The headquarter of the bank was next to Fondazione Cassa di R ...

in the same year. In 2013 Carisap was merged with

, another subsidiary of Interesa Sanpaolo which specialized in Marche, Abruzzo and Molise regions.

Sponsorship

Carisap SpA was a shirt sponsor of Ascoli Calcio 1898. The bank also sponsored the annual San Benedetto Tennis Cup.

Bank Foundation

Fondazione Cassa di Risparmio di Ascoli Piceno (Fondazione Carisap) currently is a charity organization.

References

External links

* Carisap
Fondazione Carisap
Banks established in 1842 Banks disestablished in 2013 1842 establishments in the Papal States Italian companies disestablished in 2013 Defunct banks of Italy Companies based in Marche Ascoli Piceno Former Intesa Sanpaolo subsidiaries Cariplo acquisitions Banca Intesa acquisitions Italian companies established in 1842 {{Italy-bank-stub