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Banco Di San Giorgio (1987–2012)
Banco di San Giorgio S.p.A. was an Italian bank that existed from 1987 to 2012. It was named for the historical Bank of Saint George, which has been defunct since 1805. In 1992, it entered the group Credito Agrario Bresciano, initially merged in 1999 with the Banca Lombarda and in 2007 with the UBI Banca Group. On October 22, 2012, it merged with the Banca Regionale Europea Banca Regionale Europea was an Italian bank based in Cuneo, Piedmont. The bank was a merger of Cassa di Risparmio di Cuneo and Banca del Monte di Lombardia in 1995. History In 2000, the bank joined Group Banca Lombarda e Piemontese. Banca Lombarda ... (a subsidiary of UBI Banca) that has thus acquired all its branches. The last Chairman of the Board of Directors was Riccardo Garrone. References {{DEFAULTSORT:Banco di San Giorgio (1987-2012) Defunct banks of Italy Companies based in Genoa Banks established in 1987 Banks disestablished in 2012 Former UBI Banca subsidiaries ...
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Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ...
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Bank Of Saint George
The Bank of Saint George ( it, Casa delle compere e dei banchi di San Giorgio or informally as ''Ufficio di San Giorgio'' or ''Banco'') was a financial institution of the Republic of Genoa. It was founded in 1407 to consolidate the public debt, which had been escalating due to the war with Venice for trading and financial dominance. The Bank's primary mission was to facilitate the management of the San Giorgio shares (''luoghi''). It was one of the oldest chartered banks in Europe and of the world. The Bank's headquarters were at the Palazzo San Giorgio, which was built in the 13th century by order of Guglielmo Boccanegra, uncle of Simone Boccanegra, the first Doge of Genoa. Operations Its parent, Casa di San Giorgio administered the Bank, and needed frequent liquidity injection to support the war against Venice and Genoa's ailing public finance. By 1445, the Bank suspended operations focusing on servicing the Genoese state. However, it managed to reopen for business with the ...
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Credito Agrario Bresciano
Credito Agrario Bresciano S.p.A. (CAB) was an Italian bank based in Brescia, Italy. History In 1991, CAB acquired Banca Carnica and Banca Zanone. In 1993, CAB acquired GAIC SIM. In 1998 the bank merged with Banca San Paolo di Brescia to form Banca Lombarda Group. More specifically, Banco di San Giorgio, a subsidiary of CAB, remained as a separate entity, while the former branches of CAB and Banca San Paolo di Brescia were merged into Banco di Brescia Banco di Brescia San Paolo CAB S.p.A., known as Banco di Brescia, was an Italian bank based in Brescia, Lombardy. On 20 February 2017 it was absorbed into the parent company UBI Banca. The bank had 288 branches (as of June 2016): 205 in Lombardy, ... on 1 January 1999. References External links Fondazione Credito Agrario Bresciano Banks established in 1883 Italian companies established in 1883 Banks disestablished in 1998 Italian companies disestablished in 1998 Defunct banks of Italy Companies based in Brescia History ...
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Banca Lombarda E Piemontese
Banca Lombarda e Piemontese was an Italian banking group. It was formed as Banca Lombarda in 1998 by the merger of Banca San Paolo di Brescia (with subsidiary Banca di Valle Camonica) and Credito Agrario Bresciano (with subsidiary Banco di San Giorgio). The group merged with Banca Regionale Europea in 2000, which changed their name to reflect the extension to Piedmont region. In 2007 the group merged with Banche Popolari Unite to form UBI Banca. The group was a minority shareholders of Banca Intesa, partly due to the sales of Cariparma's shares to Banca Intesa and partially due to the warrants issued to Banca San Paolo di Brescia. Former subsidiaries * Banco di Brescia * Banca di Valle Camonica * Banco di San Giorgio * Banca Regionale Europea Banca Regionale Europea was an Italian bank based in Cuneo, Piedmont. The bank was a merger of Cassa di Risparmio di Cuneo and Banca del Monte di Lombardia in 1995. History In 2000, the bank joined Group Banca Lombarda e Piemontese. Banc ...
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UBI Banca
Unione di Banche Italiane S.p.A., commonly known for its trading name UBI Banca, was an Italian banking group, the fifth largest in Italy by number of branches. It was formed on 1 April 2007 from the merger of the Banche Popolari Unite (trading as BPU Banca) and Banca Lombarda e Piemontese banking groups. UBI Banca shares were listed on the Borsa Italiana and included in the FTSE MIB (the blue chip index) until it was taken over by its larger Italian rival Intesa Sanpaolo in September 2020. History Banche Popolari Unite Banche Popolari Unite, trading as BPU Banca, was formed by the merger of Banca Popolare di Bergamo – Credito Varesino Group with Banca Popolare Commercio e Industria Group, both Popular Bank ( it, Banca Popolare), a kind of urban co-operative bank in Italy, in 2003. Their subsidiaries at that time were Banca Popolare di Ancona, Cassa di Risparmio di Fano (Carifano), Banca Popolare di Luino e di Varese and Banca Carime. Although the two groups merged, Banca Pop ...
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Banca Regionale Europea
Banca Regionale Europea was an Italian bank based in Cuneo, Piedmont. The bank was a merger of Cassa di Risparmio di Cuneo and Banca del Monte di Lombardia in 1995. History In 2000, the bank joined Group Banca Lombarda e Piemontese. Banca Lombarda held 50.11% shares of BRE at that time, as well as sold all the shares it held at Banca Cassa di Risparmio di Tortona (60%; a bank based in Piedmont), to BRE. In 2006 Banca CR Tortona, was merged into Banca Regionale Europea, as well as Banco di San Giorgio in 2012. The bank also followed the holding company to join UBI Banca Group in 2007 (a merger with Banche Popolari Unite). As of 31 December 2014, out of 1560 branches of UBI Banca, 13% were Banca Regionale Europea (208), behind former sister companies of Group Banca Lombarda, Banco di Brescia 288, and former Banche Popolari Unite companies Banca Popolare di Bergamo (351), Banca Carime (216); as well as tied with Banca Popolare di Ancona (208). As of 31 December 2014, the former owne ...
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Riccardo Garrone (entrepreneur)
Riccardo Garrone (23 January 1936 – 21 January 2013) was an Italian entrepreneur. He was the owner of Serie A association football club U.C. Sampdoria, and honorary chairman and CEO of Italian oil firm ERG. Garrone was born in Genoa, and joined his family's firm of ERG before going into the business of football club ownership. He completed the takeover of UC Sampdoria from Enrico Mantovani in 2002, leading the one-time ''scudetto'' winners back into Serie A The Serie A (), also called Serie A TIM for national sponsorship with TIM, is a professional league competition for football clubs located at the top of the Italian football league system and the winner is awarded the Scudetto and the Coppa ... and European competitions thanks to his investments in the club. References 1936 births 2013 deaths Businesspeople from Genoa Italian football chairmen and investors U.C. Sampdoria directors {{Italy-business-bio-stub ...
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Defunct Banks Of Italy
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
{{Disambiguation ...
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Companies Based In Genoa
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Banks Established In 1987
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Banks Disestablished In 2012
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a Bank regulation, high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concept ...
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