Cassa di Risparmio di Bra is an Italian regional bank. The bank was based in Bra, in the Province of Cuneo, Piedmont. Due to Legge Amato, the bank was split into a

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 ...

and a non-profit

banking foundation Banking foundation is a type of foundation that originated as a bank. The banking reforms split the banks (usually local and community owned savings banks, as a statutory corporation) into limited company and holding company (or banking foundation). ...

on 20 December 1991 (gazetted on 18 January 1992).

Cassa di Risparmio di Torino Banca Cassa di Risparmio di Torino S.p.A., also known as Banca CRT or Caritorino, was an Italian savings bank based in Turin, founded in 1827 and merged into Unicredito in 1997. In 1998, Unicredito merged with Credito Italiano to form UniCredi ...

(Banca CRT) once became a minority shareholders of the bank. However its successor,

UniCredit UniCredit S.p.A. (formerly UniCredito Italiano S.p.A.) is an Italian multinational banking group headquartered in Milan. It is a systemically important bank (according to the list provided by the Financial Stability Board in 2022) and the world' ...

sold their possession on Bra (31.021%),

Fossano Fossano () is a town and ''comune'' of Piedmont, Northern Italy. It is the fourth largest town of the province of Cuneo, after Cuneo, Alba and Bra. It lies on the main railway line from Turin to Cuneo and to Savona, and has a branch line to Mon ...

(23.077%),

Saluzzo Saluzzo (; ) is a town and former principality in the province of Cuneo, in the Piedmont region, Italy. The city of Saluzzo is built on a hill overlooking a vast, well-cultivated plain. Iron, lead, silver, marble, slate etc. are found in the su ...

(31.019%) and

Savigliano Savigliano () is a of Piedmont, Northern Italy, in the Province of Cuneo, about south of Turin by rail. It is home to ironworks, foundries, locomotive works (once owned by Fiat Ferroviaria, now by Alstom) and silk manufactures, as well as sugar ...

(31.006%) to

Banca Popolare dell'Emilia Romagna BPER Banca S.p.A., formerly known as Banca Popolare dell'Emilia Romagna S.C., is an Italian banking group offering traditional banking services to individuals, corporate and public entities. The company is based in Modena and is a constituent of ...

for about €149 million in 2006. (which BPER paid €32.827 million for CR Bra's shares) In February 2013, BPER acquired an additional 35.98% shares from the foundation for around €23.9 million. After the deal BPER owned 67% shares.

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* Banks established in 1842 1842 establishments in the Kingdom of Sardinia Banks of Italy Companies based in Piedmont Province of Cuneo BPER Banca Italian companies established in 1842 {{Italy-bank-stub

See also

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