Cassa di Risparmio in Bologna S.p.A. known as Carisbo, was an Italian

savings bank A savings bank is a financial institution that is not run on a profit-maximizing basis, and whose original or primary purpose is collecting deposits on savings accounts that are invested on a low-risk basis and receive interest. Savings banks ha ...

founded in 1837 and based in Bologna, Emilia-Romagna. It has been part 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 ...

Group since 2007. The former owner of the bank,

Fondazione Carisbo Fondazione Cassa di Risparmio in Bologna (Fondazione Carisbo) is a philanthropic organization formed in 1991 by the separating of the bank into a private limited company and a banking foundation. The headquarter of the foundation was right opposit ...

, still held 2.023% shares of Intesa Sanpaolo as of 31 December 2013.

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 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 December 1991, 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 ownership, charity and daily banking operation were separated into a banking foundation (

) and a limited company ().

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 ...

also became a sub-holding company of the bank, which was majority owned by the foundation. In the same year Carisbo acquired BIMER Banca (Banca dell'Emilia-Romagna per i Finanziamenti a Medio e Lungo Termine), which was a merger of

Mediocredito Emilia-Romagna Mediocredito or () were 19 Italian banks that were established in 1950s to provide medium term loans to small and medium companies (or more specifically industrial companies). They served 19 regions of Italy (Molise region was established in 196 ...

and Istituto Regionale di Credito Agrario per l'Emilia-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 Cassa may refer to: * Federico Cassa, (born 2006), Italian professional footballer * Cassa Hotel & Residences Cassa Hotel & Residences is a 48-story building at 70 West 45th Street in Midtown Manhattan in New York City. It was designed by TEN A ...

. In 1997 Carisbo acquired 47% shares of

Banca Popolare 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 banking, cooperative b ...

, 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 Banca may refer to: Places * Bangka Island, an island lying east of Sumatra, part of Indonesia * Banca, Pyrénées-Atlantiques, a commune of the Pyrénées-Atlantiques ''département'', France * Banca, Tasmania, a locality in Tasmania, Australia * ...

. In 2000 CAER Group merged with

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 ...

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 ...

. In 2002 Carisbo S.p.A. followed 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 ...

. In 2007 Carisbo SpA followed Sanpaolo IMI to become part of

Group, which owned 100% shares of the bank.

Sponsorship

Carisbo was the sponsor of

Bologna Outdoor The Bologna Outdoor, also known by its sponsored name the Internazionali di Tennis Carisbo, was a Grand Prix and ATP affiliated men's tennis tournament played from 1985 until 1998. It was held in Bologna in Italy and played on outdoor clay cou ...

, as well as

Virtus Pallacanestro Bologna Virtus Pallacanestro Bologna, known for sponsorship reasons as Virtus Segafredo Bologna, is an Italian professional basketball club based in Bologna, Emilia-Romagna. The club was founded in 1929, which makes it the oldest club in Italy and one ...

References

External links

* {{Authority control Banks established in 1837 Italian companies established in 1837 Banks disestablished in 2018 Italian companies disestablished in 2018 Defunct banks of Italy Companies based in Bologna Former Intesa Sanpaolo subsidiaries Cardine Banca

History

Sponsorship

See also

References

External links