Rolo Banca 1473 S.p.A. was an Italian bank based in Bologna, Italy. It was formed by the merger of
Credito Italiano
''Credito Italiano'', often referred to by the shorthand Credit, was a significant Italian bank based in Milan. It was established in 1895, succeeding the ''Banca di Genova'' established in 1870 in Genoa. In 1998 it merged with Unicredito to form ...
subsidiaries
Credito Romagnolo, and
Carimonte Banca. The intermediate holding company of the bank was Credit Carimonte, a 51–49 joint venture of Credito Italiano (after 1998 UniCredit) and
Carimonte Holding (itself another joint venture of
Fondazione Carimodena and
Fondazione del Monte di Bologna e Ravenna in 50–50 voting rights and 60–40 share capitals).
History
The predecessor of the bank could be traced back to
Mount of Piety
A mount of piety is an institutional pawnbroker run as a charity in Europe from Renaissance times until today. Similar institutions were established in the colonies of Catholic countries; the Mexican Nacional Monte de Piedad is still in operation ...
of Bologna, found 1473, which was merged with Mount of Piety of Ravenna (found 1492) to form
Banca del Monte di Bologna e Ravenna in 1966. In 1991
Carimonte Banca was formed by the merger of the Banca Monte and
Cassa di Risparmio di Modena (found 1846). On 1 January 1996 Carimonte was merged with
Credito Romagnolo (found 1896), a
Credito Italiano
''Credito Italiano'', often referred to by the shorthand Credit, was a significant Italian bank based in Milan. It was established in 1895, succeeding the ''Banca di Genova'' established in 1870 in Genoa. In 1998 it merged with Unicredito to form ...
subsidiary. Credito Romagnolo Holding, a sub-holding company, was renamed to Rolo Banca 1473 S.p.A..
In 1998 Rolo Banca became part of
UniCredito Italiano (UniCredit), after the ultimate parent company was merged with
Unicredito. Rolo Banca also absorbed
Banca Popolare del Molise,
Carimonte Fondiario and
Rolosim into the company in the same year.
in 1999 Rolo Banca acquired a majority interests in
Banca dell'Umbria
Banca dell'Umbria 1462 S.p.A. or previously known as Cassa di Risparmio di Perugia was an Italian savings bank. The bank became a subsidiary of UniCredit in 1999 and ceased to exist in 2005. However, its former owner Fondazione Cassa di Risparmi ...
.
In 2000 Rolo Banca acquired 73.81% shares of
Cassa di Risparmio di Carpi
Cassa di Risparmio di Carpi was an Italian retail bank based in Carpi, in the Province of Modena, Emilia-Romagna. The bank section was absorbed into UniCredit in 2005, while its charity section, still operates as Fondazione Cassa di Risparmio di C ...
.
As at 31 December 2001, Rolo Banca had a shareholders equity of €3.173 billion in a consolidated balance sheet.
On 30 June 2002, Rolo Banca,
Banca CRT,
Cariverona Banca,
Cassamarca,
Cassa di Risparmio di Trento e Rovereto,
Cassa di Risparmio di Trieste and Credit Carimonte were absorbed into
UniCredit Banca.
See also
*
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 ...
another bank group from Bologna
**
Cassa di Risparmio in Bologna
Cassa di Risparmio in Bologna S.p.A. known as Carisbo, was an Italian savings bank founded in 1837 and based in Bologna, Emilia-Romagna. It has been part of Intesa Sanpaolo Group since 2007.
The former owner of the bank, Fondazione Carisbo, still ...
References
External links
*
*{{webarchive , url=https://web.archive.org/web/*/http://www.rolobanca.it/_investor/it/index.htm , date=* , title=Rolo Banca Investor Relations
Companies formerly listed on the Borsa Italiana
Defunct banks of Italy
Former UniCredit subsidiaries
Credito Italiano Group
Banks established in 1996
Italian companies established in 1996
Banks disestablished in 2002
Italian companies disestablished in 2002
Companies based in Bologna