Fondo Interbancario Di Tutela Dei Depositi
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Fondo Interbancario Di Tutela Dei Depositi
Fondo Interbancario di Tutela dei Depositi (FITD) is an Italian Deposit insurance, deposit guarantee fund founded in 1987. The fund became a mandatory scheme by the EU Deposit Guarantee Schemes Directive (94/19/EEC). However, the cooperative banks (BCC) of Italy had their own fund instead (Fondo di Garanzia dei Depositanti del Credito Cooperativo). There was another fund to guarantee asset management firm in Italy: Fondo Nazionale di Garanzia. History Fondo Interbancario di Tutela dei Depositi (FITD) was founded in 1987. It was mandatory for Italian bank to join either FITD or the Fondo di Garanzia dei Depositanti del Credito Cooperativo. The latter was for the cooperative banks (''banca di credito cooperativo'' (BCC) network, excluding cooperative bank type ''banco popolare'') of Italy. Some bank which was demutualized from BCC network, such as Banca di Cambiano, switched to FITD after the demutualization. Due to the change in the directive (2014/49/EU), which was part of the Sing ...
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Deposit Insurance
Deposit insurance or deposit protection is a measure implemented in many countries to protect bank depositors, in full or in part, from losses caused by a bank's inability to pay its debts when due. Deposit insurance systems are one component of a financial system safety net that promotes financial stability. Overview Banks are allowed (and usually encouraged) to lend or invest most of the money deposited with them instead of safe-keeping the full amounts (see fractional-reserve banking). If many of a bank's borrowers fail to repay their loans when due, the bank's creditors, including its depositors, risk loss. Because they rely on customer deposits that can be withdrawn on little or no notice, banks in financial trouble are prone to bank runs, where depositors seek to withdraw funds quickly ahead of a possible bank insolvency. Because banking institution failures have the potential to trigger a broad spectrum of harmful events, including economic recessions, policy makers mainta ...
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Cassa Di Risparmio Della Provincia Di Chieti
Banca Teatina S.p.A. formerly known as Nuova Cassa di Risparmio di Chieti S.p.A. was an Italian savings bank headquartered in Chieti Scalo, Chieti, Abruzzo region. The bank was formed on 22 November 2015 to replace the old Cassa di Risparmio della Provincia di Chieti S.p.A. which was under special administration from 2014 to 2015. The bank was bought by UBI Banca on 18 January 2017 for a nominal fee. Cassa di Risparmio della Provincia di Chieti S.p.A. was the successor of the bank that known as "Cassa di Risparmio della Provincia di Chieti", which was under legal reconstruction in 1990s. The former legal entity of "Cassa di Risparmio della Provincia di Chieti" became Fondazione Cassa di Risparmio della Provincia di Chieti, which was the majority shareholder of the S.p.A. before its failure in 2015. History Cassa di Risparmio della Provincia di Chieti was found in 1938 by the merger of Cassa di Risparmio Marrucina (found 1862) and Cassa di Risparmio di Guardiagrele. In 1992, Due ...
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Paolo Savona
Paolo Savona (born 6 October 1936) is an Italian economist, professor,CV Paolo Savona
, Fitd.it
Paolo Savona
autore a Formiche.net
and . He was the from 1 June 2018 until 8 March 2019, his second stint in government after 1993–1994. During the 2010s, Savona became one of the most fervent

Sicilcassa
Sicilcassa S.p.A. also known as Cassa Centrale di Risparmio Vittorio Emanuele per le Province Siciliane, was an Italian bank based in Palermo, Sicily. History Cassa Centrale di Risparmio Vittorio Emanuele per le Province Siciliane was split into Sicilcassa S.p.A. and Fondazione Cassa Centrale di Risparmio Vittorio Emanuele per le Province Siciliane on 24 January 1992. In 1996 it faced insolvency. In 1997 it was acquired by Banco di Sicilia. See also * Banco Popolare Siciliano * Credito Siciliano Credito Siciliano was an Italian bank headquartered in Acireale, Sicily and previously Palermo. It was a subsidiary of Credito Valtellinese until its merger by incorporation into Credito Valtellinese in June 2018. The bank had 136 branches, 133 lo ... References Banks established in 1861 Italian companies established in 1861 Banks disestablished in 1997 1997 disestablishments in Italy Defunct banks of Italy Companies based in Palermo Capitalia Group {{Italy-bank-stub ...
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Banca Carige
Banca Carige Società per azioni, S.p.A., historically known as Cassa di Risparmio di Genova e Imperia (Ca.Ri.Ge.) is an List of Italian banks, Italian bank based in Genoa, with more than 500 bank branches in Italy. The predecessor of the bank, a mount of piety, was founded in 1483 in Genoa, the Republic of Genoa. Banca Carige and its subsidiaries are known as Banca Carige Group ( it, Gruppo Banca Carige). The banking group, as of 1 April 2018, is one of the larger banking groups that were supervised by the European Central Bank. , the banking group had 529 branches throughout Italy, with one branch in Nice, France. About 37.2% branches are located in the home region Liguria. History 1483–1990: Early Years In 1483, the Franciscan Catholic theology, religious Angelo Da Chivasso, founded the mount of piety ( it, Monte di Pietà) of Genoa. In 1846, a decree of Kingdom of Sardinia, Piedmont-Sardinia King Charles Albert of Sardinia created the Cassa di Risparmio di Genova, which e ...
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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 at 31 December 2015. The group serving Emilia-Romagna, Liguria and Friuli-Venezia Giulia, where the predecessors originated, as well as Campania, Lazio, Lombardy, Piedmont, Tuscany, Umbria and Veneto, or half of Italian regions. The company was formerly known as Cassa di Risparmio di Parma e Piacenza and Cassa di Risparmio di Parma, or Cariparma in short; The banking group was formerly known as Gruppo Cariparma Crédit Agricole (Cariparma and subsidiaries Carispezia and FriulAdria). Since 2016, to eliminate the use of the three brands of the group: Cariparma, Carispezia and FriulAdria, the brand Crédit Agricole Italia was introduced. A common website ''www.credit-agricole.it'' was introduced in 2016. Despite not a Crédit Agricole Italia su ...
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Cassa Di Risparmio Di San Miniato
Cassa di Risparmio di San Miniato S.p.A. (Carismi) was an Italian savings bank based in San Miniato, in the Province of Pisa, Tuscany. It was takeover by Crédit Agricole via its Crédit Agricole Italia division. History Cassa di Risparmio di San Miniato was found on 27 April 1830 in the Grand Duchy of Tuscany, a year after the savings bank of Florence, the oldest savings bank in Tuscany region. On 14 January 1886, the savings bank was gained an independent status by a royal decree (part away from Florence). Due to Legge Amato, the bank was split into a company limited by shares (''società per azioni'') and a banking foundation (Ente Cassa di Risparmio di San Miniato, later renamed to Fondazione Cassa di Risparmio di San Miniato) on 13 April 1992 (gazetted on 14 May). The bank immediately sold about 70% shares of the bank to Holding Casse Toscane (literally ''Tuscan Savings Banks''), a new intermediate holding company for the savings bank ( it, Cassa di Risparmio) of San Miniato, ...
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Banca Carim
Banca Carim – Cassa di Risparmio di Rimini S.p.A. was an Italian savings bank based in Rimini, Emilia-Romagna. The bank mainly active in the area around Rimini. History The bank was found in 1840 as Cassa di Risparmio di Rimini (Carim in short). Due to , the bank was split into a ''società per azioni'' (company limited by shares) and a banking foundation (Fondazione Cassa di Risparmio di Rimini). In 2013 the bank absorbed Banca Etica Adriatica, a bank specialise in ethical banking. The bank had a market share of 22.01% in deposits in the Province of Rimini . In 2016, the plan to recapitalize €100 million was announced. As a consequence of Supervisory Review and Evaluation Process of the Bank of Italy, the capital ratios requirement on Carim were increased to 7.80% (CET1), 9.30% (Tier 1) and 11.30% (Total) respectively, making the bank had to recapitalise. The bank Tier 1 Capital Ratio and Total Capital Ratio stood at 8.53% and 10.86% at 31 December 2015. On 13 September 2016 ...
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Cassa Di Risparmio Di Cesena
Cassa di Risparmio di Cesena S.p.A. also known as Carisp Cesena in short, was an Italian savings bank based in Cesena, in the province of Forlì-Cesena, Emilia-Romagna region. The bank had branches mostly in Emilia-Romagna region (87%; Forlì-Cesena province: 39, Ravenna 35, Rimini 10, Bologna 10, Modena 3, Ferrara 3, Reggio Emilia 2) However it also had 5 branches in Marche (2 in Ancona, 3 in Pesaro-Urbino), Umbria (province of Perugia 3), Tuscany (Arezzo province 3) and Veneto (Padova 2, Rovigo 1). History Cassa di Risparmio di Cesena was found in 1841 in Cesena, the Papal States by 105 private citizens, two year after fellow saving bank in Forlì who found by a decree of Pope Gregory XVI. In 1991, due to Italian banking reform, the organization was split into Fondazione Cassa di Risparmio di Cesena, as the owner of the bank and a philanthropic organization, and Cassa di Risparmio di Cesena S.p.A., a Società per azioni which operates as a bank ( P.IVA 02155830405). On 1 Janua ...
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European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body of about 32,000 European civil servants. The Commission is divided into departments known as Directorates-General (DGs) that can be likened to departments or ministries each headed by a Director-General who is responsible to a Commissioner. There is one member per member state, but members are bound by their oath of office to represent the general interest of the EU as a whole rather than their home state. The Commission President (currently Ursula von der Leyen) is proposed by the European Council (the 27 heads of state/governments) and elected by the European Parliament. The Council of the European Union then nominates the other members of the Commission in agreement with the nominated President, and the 27 members as a team are then ...
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Istituto Per Il Credito Sportivo
Istituto per il Credito Sportivo is an Italian public bank which was under special administration by Banca d'Italia since 2011. According to new articles of association passed in 2014 (that superseded 2005 version), the bank was majority owned by Italian Ministry of Economy and Finances (80.438%), Cassa Depositi e Prestiti (2.214%) and Coni Servizi (a company owned by Ministry of Economy and Finances but associated with CONI) (6.702%) as well as other private banks: UniCredit, Banca Monte dei Paschi di Siena, Intesa Sanpaolo, Banca Nazionale del Lavoro, Assicurazioni Generali, Banco di Sardegna and Crediop. the new articles of association recalculated the ownership ratio, making private sectors had owned just 11% capital of the bank. The articles of association was also modified in 1993. Services The bank was specialized in sports venue, for example a €60 million loan to Juventus F.C. S.p.A. for its Juventus Stadium project; The institution also formed a preliminary agreement w ...
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Cassa Di Risparmio Di Ferrara
Nuova Cassa di Risparmio di Ferrara S.p.A. known as Nuova Carife ew Carifein short, was an Italian bank, based in Ferrara, Emilia-Romagna. Nuova Carife was founded on 22 November 2015 as a good bank that spin off from the original Cassa di Risparmio di Ferrara S.p.A. (Carife). The old Carife was under administration from 2013 and 2015, and now being liquidated as a bad bank. Nevertheless, Nuova Carife was a short-lived bank, which was acquired by BPER Banca in 2017 from Italian Resolution Fund, becoming branches of the banking group in the same year. The former majority shareholder and the old legal person of the bank, Fondazione Cassa di Risparmio di Ferrara (Fondazione Carife) survived as a charity organization. History Cassa di Risparmio di Ferrara Found in 1838 by Count Alessandro Masi, Cassa di Risparmio di Ferrara was one of the oldest savings bank ( it, cassa di risparmio) after Bologna (since 1837), Spoleto (since 1836; renamed and relocated in 2012; closed 2016) and Rome ...
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