Cassa di Risparmio di Imola (CR Imola) 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 ...

based in

Imola Imola (; or ) is a city and ''comune'' in the Metropolitan City of Bologna, located on the river Santerno, in the Emilia-Romagna region of northern Italy. The city is traditionally considered the western entrance to the historical region Romagna ...

, in the Province of Bologna, Emilia-Romagna. It currently a department and a brand of

Banco Popolare Banco Popolare Società Cooperativa was an Italian bank, formed in 2007 from the merger of Banco Popolare di Verona e Novara (BPVN) and Banca Popolare Italiana (BPI). The bank merged with Banca Popolare di Milano on 1 January 2017. to form Banco ...

History

Cassa di Risparmio di Imola was found in 1855 in Imola, 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 1992, 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

statutory corporation A statutory corporation is a corporation, government entity created as a statutory body by statute. Their precise nature varies by jurisdiction, but they are corporations owned by a government or controlled by national or sub-national government ...

was split into a private limited company and a banking foundation.

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 introduced as a minority shareholders for 20% shares. In 1997 the foundation bought back the shares.

Banca Popolare di Lodi

In 2000, the bank had 29 branches. In the same year, CR Imola became part of

Banca Popolare di Lodi Banca Popolare di Lodi was an Italian cooperative bank based in Lodi, Lombardy. The bank was absorbed into parent company Banco Popolare in 2011. However, the bank still operates as a division and a brand of the group. History Banca Popolare di Lo ...

(BPL) which owned 62.18% shares indirectly through Bipielle Partecipazioni, Istituto di Credito delle Casse di Risparmio Italiane, Efibanca and Holding Cassa di Risparmio di Imola as sub-holding companies. In 2001, BPL owned 96.95% shares (67.91% through Bipielle Partecipazioni and 29.04% directly). In 2002 CR Imola was merged with Banca Bipielle Romagna to form Banca Bipielle Adriatico. BPL owned 83.10% shares of the subsidiary through sub-holding Bipielle Retail. However, in 2003 the bank was absorbed into BPL. BPL was merged with BPVN to form

. A new subsidiary was incorporated to own part of the former assets of BPL.

Relaunch as brand

In 2008, BPL relaunched CR Imola as one of their brands. In 2011, after BPL was absorbed into the parent company, CR Imola became a department of bank division Banca Popolare di Verona instead since 2012.

References

External links

Fondazione Cassa di Risparmio di Imola
{{Authority control Defunct banks of Italy Banks established in 1855 1855 establishments in the Papal States Banks disestablished in 2003 Italian companies disestablished in 2003 Companies based in the Metropolitan City of Bologna Banco Popolare Imola Italian companies established in 1855

History

Banca Popolare di Lodi

Relaunch as brand

See also

References

External links