Cassa di Risparmio in Bologna S.p.A. known as Carisbo, was an Italian

savings bank A savings bank is a financial institution whose primary purpose is accepting savings deposits and paying interest on those deposits. They originated in Europe during the 18th century with the aim of providing access to savings products to al ...

based in Bologna, Emilia-Romagna. The bank was part of

Intesa Sanpaolo Intesa Sanpaolo S.p.A. is an Italian international banking group. It is Italy's largest bank by total assets and the world's 27th largest. It was formed through the merger of Banca Intesa and Sanpaolo IMI in 2007, but has a corporate identity ...

Group since 2007. The former owner of the bank,

Fondazione Carisbo Fondazione Cassa di Risparmio in Bologna (Fondazione Carisbo) is a philanthropic organization formed in 1991 by the separating of the bank into a private limited company and a banking foundation. The headquarter of the foundation was right opposit ...

, still held 2.023% shares of Intesa Sanpaolo as of 31 December 2013.

History

Cassa di Risparmio in Bologna (Carisbo) formally started on 26 September 1837 after the idea of forming a bank emerged 2 years before in Bologna, in the

Papal States The Papal States ( ; it, Stato Pontificio, ), officially the State of the Church ( it, Stato della Chiesa, ; la, Status Ecclesiasticus;), were a series of territories in the Italian Peninsula under the direct sovereign rule of the pope fro ...

. 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 ownership, charity and daily banking operation were separated into a banking foundation (

) and a limited company ( it, Carisbo

società per azioni ''Società'' (Italian language, 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 wer ...

). Casse Emiliano Romagnole also became a sub-holding company of the bank, which was majority owned by the foundation. In the same year Carisbo acquired BIMER Banca (Banca dell'Emilia-Romagna per i Finanziamenti a Medio e Lungo Termine), which was a merger of Mediocredito Emilia-Romagna and Istituto Regionale di Credito Agrario per l'Emilia-Romagna It was absorbed into Carisbo in 1994. As at 31 December 1993, Carisbo also had a minority interests in Cassa di Risparmio di Mirandola. In 1997 Carisbo acquired 47% shares of Banca Popolare dell'Adriatico, with CAER also acquired 5%. In 1997 Finemiro, a subsidiary of Carisbo, also transformed into Finemiro Banca. In 1997 Carisbo also sold their shares on

Banca di Romagna Banca may refer to: Places * Bangka Island, an island lying east of Sumatra, part of Indonesia * Banca, Pyrénées-Atlantiques, a commune of the Pyrénées-Atlantiques ''département'', France * Banca, Tasmania, a locality in Tasmania, Australia * ...

. In 2000 CAER Group merged with

Casse Venete Banca Cassa di Risparmio del Veneto S.p.A., known as CR Veneto, was an Italian savings bank, headquartered in Padua, Veneto ( it, Padova). It was a subsidiary of Intesa Sanpaolo. History The bank was one of the oldest savings bank of Italy, which in 18 ...

to form Cardine Banca. In 2002 Carisbo S.p.A. followed the group merged with

Sanpaolo IMI Sanpaolo IMI S.p.A. was an Italian banking and insurance conglomerate, based in Turin. It employed about 44,000 people and had about 7 million customers. On 24 August 2006 a merger with Banca Intesa was announced, which on 1 December 2006 was ap ...

. In 2007 Carisbo SpA followed Sanpaolo IMI to become part of

Group, which owned 100% shares of the bank.

Sponsorship

Carisbo was the sponsor of

Bologna Outdoor The Bologna Outdoor is a defunct Grand Prix and ATP affiliated men's tennis tournament played from 1985 to 1998. It was held in Bologna in Italy and held on outdoor clay courts. Results Singles Doubles See also * Bologna Indoor The Bolog ...

, as well as

Virtus Pallacanestro Bologna Virtus Pallacanestro Bologna, known for sponsorship reasons as Virtus Segafredo Bologna, is an Italian professional basketball club based in Bologna, Emilia-Romagna. The club was founded in 1929, which makes it the oldest club in Italy and one ...

References

External links

* {{Authority control Banks established in 1837 Italian companies established in 1837 Banks disestablished in 2018 Italian companies disestablished in 2018 Defunct banks of Italy Companies based in Bologna Former Intesa Sanpaolo subsidiaries Cardine Banca