Credito Artigiano was an Italian bank based in Milan, Lombardy. it was absorbed by

Credito Valtellinese Credito Valtellinese (Creval) is an Italian bank based in Sondrio, Lombardy, Italy. The company was a former component of FTSE Italia Mid Cap Index of the Borsa Italiana (Milan Stock Exchange), but was removed and added as a component of Index in ...

in 2012.

History

Credito Artigiano was found in Milan in 1946. Since 1995 it was a subsidiary of

(Creval). In 1999 it was listed in

Borsa Italiana Borsa Italiana, based in Milan, is the Italian stock exchange. It manages and organises domestic market, regulating procedures for admission and listing of companies and intermediaries and supervising disclosures for listed companies.italy24.ils ...

. In 1999 Creval owned 54.01% shares of Credito Artigiano. In 2000 Credito Artigiano acquired 51% shares of Banca dell'Artigianato e dell'Industria and 76.94% stake of

Banca Regionale Sant'Angelo Credito Siciliano was an Italian bank headquartered in Acireale, Sicily and previously Palermo. It was a subsidiary of Credito Valtellinese until its merger by incorporation into Credito Valtellinese in June 2018. The bank had 136 branches, 133 lo ...

(ex-Nuova Banca del Monte Sant'Agata) in 2001. In 2002 Credito Valtellinese increased its ownership on the bank to 63.34% (buying 5% from

Cattolica Assicurazioni Società Cattolica di Assicurazione – Società Cooperativa known as Cattolica Assicurazioni is an Italian insurance company. According to Ricerche e Studi, a subsidiary of Mediobanca, the group had a €5,382,471,000 (in 2014 financial year) gro ...

). It was increased to 65.04% in 2003, 65.50% in 2004, 65.72% in 2005, 69.82% in 2008, 69.85% in 2009, 69.88% in 2010, 72.14% in 2011. Credito Artigiano jointed-control

Credito Siciliano Credito Siciliano was an Italian bank headquartered in Acireale, Sicily and previously Palermo. It was a subsidiary of Credito Valtellinese until its merger by incorporation into Credito Valtellinese in June 2018. The bank had 136 branches, 133 lo ...

with the parent company Creval when the subsidiary was created in 2002 . On 10 September 2012 Credito Artigiano was incorporated into Credito Valtellinese.

References

External links

Entry
in Borsa Italiana Banks established in 1946 Italian companies established in 1946 Banks disestablished in 2012 Italian companies disestablished in 2012 Defunct banks of Italy Companies based in Milan Credito Valtellinese Companies formerly listed on the Borsa Italiana {{Italy-bank-stub