Cassa dei Risparmi di Forlì e della Romagna S.p.A., known as Cariromagna, was an Italian savings bank based in

Forlì Forlì ( , ; rgn, Furlè ; la, Forum Livii) is a ''comune'' (municipality) and city in Emilia-Romagna, Northern Italy, and is the capital of the province of Forlì-Cesena. It is the central city of Romagna. The city is situated along the Via E ...

Emilia-Romagna egl, Emigliàn (man) egl, Emiglièna (woman) rgn, Rumagnòl (man) rgn, Rumagnòla (woman) it, Emiliano (man) it, Emiliana (woman) or it, Romagnolo (man) it, Romagnola (woman) , population_note = , population_blank1_title ...

region. Despite the bank having become branches 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 s ...

in 2018, the former parent company of the bank (before the takeover by Intesa), Fondazione Cassa dei Risparmi di Forlì, as of 2019, is still in operation as a

banking foundation Banking foundation is a type of foundation that originated as a bank. The banking reforms split the banks (usually local and community owned savings banks, as a statutory corporation) into limited company and holding company (or banking foundation). ...

and charity organization. The bank also had former names Cassa di Risparmio di Forlì and Cassa dei Risparmi di Forlì and Cassa dei Risparmi di Forlì S.p.A..

History

Found in 1839 by a decree of

Pope Gregory XVI Pope Gregory XVI ( la, Gregorius XVI; it, Gregorio XVI; born Bartolomeo Alberto Cappellari; 18 September 1765 – 1 June 1846) was head of the Catholic Church and ruler of the Papal States from 2 February 1831 to his death in 1 June 1846. He h ...

in Forlì, in the Papal States, Cassa di Risparmio di Forlì (Cariforlì in short, renamed to Cassa dei Risparmi di Forlì in 1859) was a

savings bank A savings bank is a financial institution whose primary purpose is accepting savings account, savings deposits and paying interest on those deposits. History of banking, They originated in Europe during the 18th century with the aim of providi ...

which serves Forlì and surrounding area. In 1992, due to , the bank was split into two entities, Fondazione Cassa dei Risparmi di Forlì (Fondazione Cariforlì) which serves as the owner and a philanthropic organization, and "Cassa dei Risparmi di Forlì S.p.A." as the company to run bank activities. In 2000,

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 app ...

acquired the bank minority rights to serve as a strategic partner.

Banca CR Firenze 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 ...

also acquired a minority interests on the bank. On 31 December 2006, Sanpaolo IMI held 38.25% voting rights and share capitals, while Banca CR Firenze held 11.614% ordinary shares and preferred shares worth 1.136% of the shares capital. The banking foundation only retained 28.38% as the second largest shareholders. Private citizens owned 20.62%. The bank was renamed to Cassa dei Risparmi di Forlì e della Romagna (in short "Cariromagna") on 19 March 2007 to serve for the banking group as a brand in Romagna region. In the same year Sanpaolo IMI and Banca CR Firenze were merged with

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 ...

to become one of the two multi-national banking group of Italy,

(the other one was

UniCredit UniCredit S.p.A. is an international banking group headquartered in Milan. It is Italy's only systemically important bank (according to the list provided by the Financial Stability Board in 2022) and the world's 34th largest by assets. It was for ...

). Cariromagna received branches from other subsidiaries of the banking group to enhance its branch network in the region. Followed the announcement of the business plan of Intesa Sanpaolo, the banking group retired the brand Cassa dei Risparmi di Forlì e della Romagna. Intesa Sanpaolo also absorbed the legal person of Cassa dei Risparmi di Forlì e della Romagna in the same year.

Sponsorship

The bank was a sponsor of local football team Forlì F.C., which plays in 2012–13 Lega Pro Seconda Divisione.

Banking foundation

Fondazione Cassa dei Risparmi di Forlì was the original legal entity of the bank, as well as the largest shareholder of the new legal person since 1992. After the bank was acquired by

, the foundation retained a minority stake. The foundation still served as a charity organization for the Romagna region and the city of Forlì .

References

External links

* (now a redirect)
About Us
intesasanpaolo.com
Fondazione Cassa dei Risparmi di Forlì
{{DEFAULTSORT:Cassa Dei Risparmi Di Forli E Della Romagna Defunct banks of Italy Banks established in 1839 1839 establishments in the Papal States Banks disestablished in 2018 Italian companies disestablished in 2018 Companies based in the Province of Forlì-Cesena Former Intesa Sanpaolo subsidiaries Sanpaolo IMI acquisitions Forlì Italian companies established in 1839

History

Sponsorship

Banking foundation

See also

References

External links