Banca del Monte di Lucca S.p.A. is an Italian bank. It was related to charity organization Fondazione Banca del Monte di Lucca which they were split in 1990s.

Bank

The predecessor of the bank, a

mount of piety A mount of piety is an institutional pawnbroker run as a charitable organization, charity in Europe from Renaissance times until today. Similar institutions were established in the colonies of Catholic countries; the Mexican Nacional Monte de Pie ...

( it, monte di pietà), was founded in 1489. The bank was later changed the denomination to Monte di Credito su Pegno di Lucca due to a banking reform, despite the "Monte" reflected the mount of piety root. Due to another banking reform in 1990s (), the organization was split into a ''

società per azioni ''Società'' (Italian: ''Society'') was an Italian communist cultural magazine published in Italy between 1945 and 1961. History and profile ''Società'' was founded as a quarterly magazine in Florence in 1945. The founders were Ranuccio Bianchi ...

'' and a banking foundation in 1992. Banca Monte Lucca, and the savings banks of

Florence Florence ( ; it, Firenze ) is a city in Central Italy and the capital city of the Tuscany region. It is the most populated city in Tuscany, with 383,083 inhabitants in 2016, and over 1,520,000 in its metropolitan area.Bilancio demografico an ...

Livorno Livorno () is a port city on the Ligurian Sea on the western coast of Tuscany, Italy. It is the capital of the Province of Livorno, having a population of 158,493 residents in December 2017. It is traditionally known in English as Leghorn (pronou ...

Lucca Lucca ( , ) is a city and ''comune'' in Tuscany, Central Italy, on the Serchio River, in a fertile plain near the Ligurian Sea. The city has a population of about 89,000, while its province has a population of 383,957. Lucca is known as one o ...

Pisa Pisa ( , or ) is a city and ''comune'' in Tuscany, central Italy, straddling the Arno just before it empties into the Ligurian Sea. It is the capital city of the Province of Pisa. Although Pisa is known worldwide for its leaning tower, the cit ...

Pistoia Pistoia (, is a city and ''comune'' in the Italian region of Tuscany, the capital of a province of the same name, located about west and north of Florence and is crossed by the Ombrone Pistoiese, a tributary of the River Arno. It is a typi ...

San Miniato San Miniato is a town and ''comune'' in the province of Pisa, in the region of Tuscany, Italy. San Miniato sits at an historically strategic location atop three small hills where it dominates the lower Arno valley, between the valleys of Ego ...

, also formed a loose banking group: Holding

Casse Toscane Banca Cassa di Risparmio di Firenze S.p.A. known as Banca CR Firenze, was an Italian savings bank. Once a listed company, the group now part of Intesa Sanpaolo since 2007. History Cassa di Risparmio di Firenze (The Saving Bank of Florence) was fou ...

in the same year. In 1996, CR Pisa, Livorno, Lucca and Banca Monte Lucca quit the group and formed Holding

Casse del Tirreno Cassa di Risparmio di Lucca Pisa e Livorno S.p.A. was an Italian saving bank based in Lucca. It was a subsidiary of Banco Popolare and currently a sub-division (under BPL) and brand of the group Banco BPM. History Cassa di Risparmio di Lucca Cass ...

. In 1999 the three savings banks were acquired by

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 ...

. In 2000

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 ...

acquired 51% shares of Banca Monte Lucca S.p.A.. The foundation sold a further 20% in 2013 to

Fondazione Cassa di Risparmio di Lucca Cassa di Risparmio di Lucca Pisa e Livorno S.p.A. was an Italian saving bank based in Lucca. It was a subsidiary of Banco Popolare and currently a sub-division (under BPL) and brand of the group Banco BPM. History Cassa di Risparmio di Lucca Cass ...

Banking foundation

The former majority owner of the bank, Fondazione Banca del Monte di Lucca (the banking foundation), was a minority owner of

Cassa Depositi e Prestiti Cassa Depositi e Prestiti S.p.A. (also kwown as CDP or CDP Group) is a prominent Italian investment bank founded on November 20, 1850, in Turin. Its main duty was to finance public works like roads and waterworks during the reign of Victor Emman ...

for 114,348 shares. The foundation also owned 0.1545% of

. The foundation also carried arts exhibition in the United States.

References

External links

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Fondazione Banca del Monte di Lucca
Banks established in the 1480s Banks established in 1992 1489 establishments in Europe 15th-century establishments in Italy Banks of Italy Companies based in Lucca Banca Carige Mounts of piety Re-established companies Italian companies established in 1992 {{Italy-bank-stub