Cassa di Risparmio delle Provincie Lombarde known as Cariplo SpA, was an Italian bank. On 2 January 1998 the bank merged with

Banco Ambrosiano Veneto Banco Ambrosiano Veneto, also known as Banco Ambroveneto for short, was an Italian bank formed in 1989 by the merger of Nuovo Banco Ambrosiano (the bank replacing the collapsed Banco Ambrosiano) with Banca Cattolica del Veneto. Since 1989, Crédit ...

to form

Banca Intesa Banca Intesa S.p.A. was an Italian banking group. It was formed in 1998. In the next year the banking group merged with another bank Banca Commerciale Italiana to become IntesaBCi. However, the name of the group was reverted to Banca Intesa in 2 ...

. The company became a short-lived sub-holding company in late 1990s, which was completely absorbed circa 2000.

History

The bank was formed on 12 June 1823 by the count Giovanni Pietro Porro, in

Kingdom of Lombardy–Venetia The Kingdom of Lombardy–Venetia ( la, links=no, Regnum Langobardiae et Venetiae), commonly called the "Lombardo-Venetian Kingdom" ( it, links=no, Regno Lombardo-Veneto, german: links=no, Königreich Lombardo-Venetien), was a constituent land ...

, decades before the unification of Italy. Situated in industrialized Northern Italy, the Lombard firm had become one of the major bank in Italy. In 1926 the bank absorbed Cassa di Risparmio di Voghera and Cassa di Risparmio di Novara in 1928. In December 1991, 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 Legge ...

, the bank, as

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

Fondazione Cariplo Fondazione Cariplo is a charitable foundation in Milan, Italy. It was created in December 1991 when the Amato law, Law no. 218 of 30 July 1990, came into force. Under this law, saving banks were required to separate into a not-for-profit found ...

were formed to separate ownership, charity and daily banking operation. The bank also started its own expansion strategy 1990s, which acquired shares of the saving banks of

Alessandria Alessandria (; pms, Lissandria ) is a city and ''comune'' in Piedmont, Italy, and the capital of the Province of Alessandria. The city is sited on the alluvial plain between the Tanaro and the Bormida rivers, about east of Turin. Alessandria ...

Carrara Carrara ( , ; , ) is a city and ''comune'' in Tuscany, in central Italy, of the province of Massa and Carrara, and notable for the white or blue-grey marble quarried there. It is on the Carrione River, some Boxing the compass, west-northwest o ...

and

Spezia La Spezia (, or , ; in the local Spezzino dialect) is the capital city of the province of La Spezia and is located at the head of the Gulf of La Spezia in the southern part of the Liguria region of Italy. La Spezia is the second largest city ...

to form Carinord Holding SpA in 1995, (Ca.Ri."

Nord Nord, a word meaning "north" in several European languages, may refer to: Acronyms * National Organization for Rare Disorders, an American nonprofit organization * New Orleans Recreation Department, New Orleans, Louisiana, US Film and televisi ...

", a joint venture of the owners of

and

and Cariplo) as well as Calabria e Lucania (Carical),

Puglia it, Pugliese , population_note = , population_blank1_title = , population_blank1 = , demographics_type1 = , demographics1_footnotes = , demographics1_title1 = , demographics1_info1 = , demographic ...

(Caripuglia),

Salernitana Unione Sportiva Salernitana 1919, commonly referred to as Salernitana, is an Italian football club based in Salerno, Campania. The original club was founded in 1919 and has been reconstituted three times in the course of its history, most recentl ...

(Carisal) (the formation of

Banca Carime Banca Carime S.p.A. was an Italian bank based in Cosenza, Calabria. The bank was a subsidiary of UBI Banca. As of 31 December 2015, the bank had 216 branches (all located in Southern Italy), serving Calabria (84 branches), Apulia (93 branches), ...

). In Marche,

Fermo Fermo (ancient: Firmum Picenum) is a town and ''comune'' of the Marche, Italy, in the Province of Fermo. Fermo is on a hill, the Sabulo, elevation , on a branch from Porto San Giorgio on the Adriatic coast railway. History The oldest hum ...

(33.3%),

Ascoli Ascoli may refer to: Places in Italy *Ascoli Satriano, a town and ''comune'' in the province of Foggia in the Apulia region *Province of Ascoli Piceno, a province of the Marche region **Ascoli Piceno, a city which is the seat of the province above ...

(25%),

Banca delle Marche Banca Adriatica S.p.A. trading as UBI Banca Adriatica and formerly known as Nuova Banca delle Marche S.p.A. was an Italian bank based in Jesi, Marche region. It has operations in several regions in central Italy, but concentrated in Marche region ...

(5.13%) were acquired. In Umbria,

Spoleto Spoleto (, also , , ; la, Spoletum) is an ancient city in the Italian province of Perugia in east-central Umbria on a foothill of the Apennines. It is S. of Trevi, N. of Terni, SE of Perugia; SE of Florence; and N of Rome. History Spolet ...

Città di Castello Città di Castello (); "Castle Town") is a city and ''comune'' in the province of Perugia, in the northern part of Umbria. It is situated on a slope of the Apennines, on the flood plain along the upper part of the river Tiber. The city is north of ...

Foligno Foligno (; Southern Umbrian: ''Fuligno'') is an ancient town of Italy in the province of Perugia in east central Umbria, on the Topino river where it leaves the Apennines and enters the wide plain of the Clitunno river system. It is located so ...

(18.34%); in Lazio the province of Viterbo and

Rieti Rieti (; lat, Reate, Sabino: ) is a town and ''comune'' in Lazio, central Italy, with a population of 47,700. It is the administrative seat of the province of Rieti and see of the diocese of Rieti, as well as the modern capital of the Sabina re ...

; in Abruzzo

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 ...

Cassa di Risparmio della Provincia di Teramo Banca Tercas, formerly known as Cassa di Risparmio della Provincia di Teramo was an Italian savings bank based in Teramo, Abruzzo. On 1 January 2011 the bank purchased fellow savings bank Banca Caripe from Banco Popolare. The enlarged banking grou ...

and Cassa di Risparmio di Pescara e Loreto Aprutino (20% each). Other banks acquired were

Banca Monte Parma Banca Monte Parma was an Italian regional bank, active in the provinces of Parma, Piacenza and Reggio-Emilia. In mid-2015 it was absorbed into the parent company. History The bank was founded in Parma in 1488 as ''Mons Pietatis Almae Civitatis P ...

(20.5%), German bank Bankhaus Löbbecke and Hungarian bank Európai Kereskedelmi Bank. In 1997 Fondazione Cariplo and Cariverona agreed a deal on

's shares, which led to the ultimate merger on 2 January 1998. On 30 September 1997 Fondazione Cariplo held 13.42% shares of Banco Ambrosiano Veneto and 100% shares of Cariplo SpA.http://www.fondazionecariplo.it/static/upload/bil/bilancio-1998-eserc-1996-97.pdf

References

External links

Group History
Intesa Sanpaolo official website Defunct banks of Italy Banks established in 1823 Banks disestablished in 1998 1823 establishments in the Austrian Empire 1998 disestablishments in Italy Companies based in Milan Cassa di Risparmio delle Provincie Lombarde Italian companies established in 1823 {{Italy-bank-stub

History

See also

References

External links