Cassa di Risparmio di Cento S.p.A. (known as CR Cento or Caricento in short) is an Italian savings bank based in

Cento Cento (; Bolognese dialect, Northern Bolognese: ; Bolognese dialect, City Bolognese: ; Bolognese dialect, Centese: ) is a town and ''comune'' in the province of Ferrara, Emilia-Romagna, Italy. History The name Cento is a reference to the centur ...

, Emilia-Romagna, which serve the Province of Ferrara, Bologna and Modena.

History

The bank was found on 26 April 1844 in

, 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 ...

and open to the public on 27 March 1859. In December 1991, due to , the daily banking operation and ownership were 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 Fondazione Cassa di Risparmio di Cento, a

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). ...

. Which the bank still majority owned by the foundation, through direct and indirect ownership (Holding Cassa di Risparmio di Cento S.p.A.).

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 ...

was a minority shareholder for 20% shares, but sold the shares back to the foundation in 1997. In October 2017, northern Italy bank Banca Popolare di Sondrio announced that the bank had interested to buy CR Cento, after fellow savings banks of Emilia-Romagna were acquired by

BPER Banca 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 ...

and

Crédit Agricole Italia Crédit Agricole Italia S.p.A., formerly Crédit Agricole Cariparma S.p.A., is an Italian banking group, a subsidiary of French banking group Crédit Agricole. Crédit Agricole Italia was ranked as the 11th largest bank in Italy by total assets a ...

in 2017.

Banking foundation

Fondazione Cassa di Risparmio di Cento currently held an equity of €56 million as of 31 December 2013. The foundation sponsored Prize Cento, a prize for literature.

References

External links

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Fondazione Cassa di Risparmio di Cento
Banks of Italy Cento Companies based in the Province of Ferrara Banks established in 1859 Italian companies established in 1859 {{Italy-bank-stub

History

Banking foundation

See also

References

External links