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 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 ...

History

The bank was one of the oldest savings bank of Italy, which in 1822 the government of

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 ...

introduced savings bank to

Venice Venice ( ; it, Venezia ; vec, Venesia or ) is a city in northeastern Italy and the capital of the Veneto Regions of Italy, region. It is built on a group of 118 small islands that are separated by canals and linked by over 400 ...

, Padua, Rovigo and other provincial capitals (such as

Vicenza Vicenza ( , ; ) is a city in northeastern Italy. It is in the Veneto region at the northern base of the ''Monte Berico'', where it straddles the Bacchiglione River. Vicenza is approximately west of Venice and east of Milan. Vicenza is a th ...

and

Treviso Treviso ( , ; vec, Trevixo) is a city and ''comune'' in the Veneto region of northern Italy. It is the capital of the province of Treviso and the municipality has 84,669 inhabitants (as of September 2017). Some 3,000 live within the Veneti ...

). In 1928 the savings banks of Padua and Rovigo was merged to form Cassa di Risparmio di Padova e Rovigo (Cariparo), due to a law enacted in December 1927 (converted a decree-law published in March 1927 into law). Before the enactment, Federazione delle Casse di Risparmio di Padova e Rovigo was formed circa March 1927. In 1992, due to , the bank was split into

Fondazione Cariparo Fondazione Cassa di Risparmio di Padova e Rovigo (in short Cariparo) is an italian philanthropic organization formed in 1991. It was formed by separating the Cassa di Risparmio di Padova e Rovigo into two separate entities: a limited company that o ...

and Cassa di Risparmio di Padova e Rovigo S.p.A..

Casse Venete Banca

As opposed to the Savings Bank of Verona, Vicenza, Belluno and Ancona being merged with Treviso to form

Unicredito Unicredito was an Italian holding company, formed by the owner of banks: the banking foundations of Cassa di Risparmio di Verona, Vicenza, Belluno e Ancona (Cariverona Banca) and Cassa di Risparmio della Marca Trivigiana (Cassamarca), in a ratio of ...

, the owner of the Savings Bank of Padova & Rovigo, Venice,

Gorizia Gorizia (; sl, Gorica , colloquially 'old Gorizia' to distinguish it from Nova Gorica; fur, label= Standard Friulian, Gurize, fur, label= Southeastern Friulian, Guriza; vec, label= Bisiacco, Gorisia; german: Görz ; obsolete English ''Gorit ...

, Udine & Pordenone and ''Banca Agricola di Cerea'' formed a single holding company ''Casse Venete Banca'', although the subsidiaries still operated as separate entity, in 1994.

Cardine Banca

In 2000, Cariparo followed the parent company to merge with

Casse Emiliano Romagnole Gruppo Bancario Casse Emiliano Romagnole (CAER) was an Italian holding company and banking group, based in Bologna, Emilia-Romagna. The main company of the group was Cassa di Risparmio in Bologna (Carisbo). History Due to Legge Amato, all saving b ...

Group to form

Cardine Banca Cardine Banca S.p.A. was an Italian banking group found in 2000 by the merger of Casse Emiliano Romagnole and Casse Venete Banca. On 1 June 2002 the group was acquired by Sanpaolo IMI in an all shares deal. In 2000 Banca Agricola di Gorizia was ...

Group.

Sanpaolo IMI and Intesa Sanpaolo

In 2002, The Savings Bank of Padova & Rovigo followed the parent banking group to merge 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 app ...

. ''Banca Agricola di Cerea'' was absorbed into The Savings Bank of Padova & Rovigo on 1 June 2003. On 2 January 2007, The Savings Bank of Padova & Rovigo became part of

Group after another merger. On 25 September 2008 the bank renamed to Cassa di Risparmio del Veneto. Followed the closure of the Savings Bank of Venice, the Savings Bank of Veneto was the only oldest surviving ''Cassa di Risparmio'' of Italy, which other banks had either dropped ''Cassa di Risparmio'' in their name or ceased to be exist due to merger. However, in February 2018, Intesa Sanpaolo announced the 2018–2021 business plan, which would closed down most of their retail brands including Cassa di Risparmio del Veneto. Cassa di Risparmio del Veneto would ceased to be existed as a separate legal person, becoming divisions and branches of the banking group instead.

Banking foundation

Footnotes

References

External links

* {{official website, www.crveneto.it Banks established in 1822 1822 establishments in the Austrian Empire Banks disestablished in 2018 Italian companies disestablished in 2018 Defunct banks of Italy Companies based in Padua Rovigo Former Intesa Sanpaolo subsidiaries Cardine Banca Italian companies established in 1822