Cassa di Risparmio di Fossano is an Italian saving bank based in Fossano, in the Province of Cuneo, Piedmont.

Monte di Pietà A mount of piety is an institutional pawnbroker run as a charity in Europe from Renaissance times until today. Similar institutions were established in the colonies of Catholic countries; the Mexican Nacional Monte de Piedad is still in operatio ...

di Fossano was found in 1591. In 1905 the bank was formed by the mount of piety. Since the bank reforms in 1991, the bank 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 non-profit banking foundation.

Cassa di Risparmio di Torino Banca Cassa di Risparmio di Torino S.p.A. known as Banca CRT, or Caritorino, was an Italian savings bank based in Turin, Piedmont. In 1997, the bank joined Unicredito banking group, as well as in 1998 followed the group to merge with Credito Ita ...

(Banca CRT) once became a minority shareholders of the bank. However its successor,

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 ...

, sold their possession on Fossano (23.077%),

Bra A bra, short for brassiere or brassière (, or ; ), is a form-fitting undergarment that is primarily used to support and cover breasts. It can serve a range of other practical and aesthetic purposes, including enhancing or reducing the appea ...

(31.021%),

Saluzzo Saluzzo (; pms, Salusse ) is a town and former principality in the province of Cuneo, in the Piedmont region, Italy. The city of Saluzzo is built on a hill overlooking a vast, well-cultivated plain. Iron, lead, silver, marble, slate etc. are fo ...

(31.019%) and

Savigliano Savigliano (Savijan in Piedmontese) is a ''comune'' of Piedmont, northern Italy, in the Province of Cuneo, about south of Turin by rail. It is home to ironworks, foundries, locomotive works (once owned by Fiat Ferroviaria, now by Alstom) and si ...

(31.006%) to

Banca Popolare dell'Emilia Romagna BPER Banca S.p.A., formerly known as Banca Popolare dell'Emilia Romagna S.C., is an Italian banking group offering traditional banking services to individuals, corporate and public entities. The company is based in Modena and is a constituent of ...

for about €149 million in 2006. (which BPER paid €36.898 million for CR Fossano's shares)

References

Banks established in 1905 Italian companies established in 1905 Banks of Italy Companies based in Piedmont Fossano {{Italy-bank-stub

See also

References