Cassa di Risparmio di Cesena S.p.A. also known as Carisp Cesena in short, was an Italian savings bank based in Cesena, in the province of Forlì-Cesena, Emilia-Romagna region. The bank had branches mostly in Emilia-Romagna region (87%; Forlì-Cesena province: 39, Ravenna 35, Rimini 10, Bologna 10, Modena 3, Ferrara 3, Reggio Emilia 2) However it also had 5 branches in Marche (2 in Ancona, 3 in Pesaro-Urbino), Umbria (province of Perugia 3), Tuscany (Arezzo province 3) and Veneto (Padova 2, Rovigo 1).

History

Cassa di Risparmio di Cesena was found in 1841 in Cesena, 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 ...

by 105 private citizens, two year after fellow saving bank 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 ...

who found 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 1991, due to Italian banking reform, the organization was split into Fondazione Cassa di Risparmio di Cesena, as the owner of the bank and a philanthropic organization, and Cassa di Risparmio di Cesena S.p.A., 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 ...

which operates as a bank ( P.IVA 02155830405). On 1 January 1999, the owner of Carisp Cesena and

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 * ...

, forming a new holding company Unibanca for the two banks. The new banking group cover the whole Emilia-Romagna region. Unibanca, actually was the renaming of ldCassa di Risparmio di Cesena S.p.A., with a new subsidiary of the same name (Cassa di Risparmio di Cesena S.p.A.) was also incorporated (P.IVA 02626170407) on 5 August 1998. On 4 October 2010 Carisp Cesena was absorbed by the holding company Unibanca, with Unibanca revered to use the old name "Cassa di Risparmio di Cesena S.p.A.". In 2013, Banca di Romagna was also absorbed by Carisp Cesena, but retained as a banking division. As of 31 December 2014, the original owner of the bank still held 48.027% of the shares, followed by former owner of Banca di Romagna, the banking foundations from

Lugo Lugo (, ; la, Lucus Augusti) is a city in northwestern Spain in the autonomous communities of Spain, autonomous community of Galicia (Spain), Galicia. It is the capital of the Lugo (province), province of Lugo. The municipality had a population ...

(11.575%) and

Faenza Faenza (, , ; rgn, Fènza or ; la, Faventia) is an Italian city and comune of 59,063 inhabitants in the province of Ravenna, Emilia-Romagna, situated southeast of Bologna. Faenza is home to a historical manufacture of majolica-ware glazed eart ...

(6.462%), both from the province of Ravenna;

Banca Popolare di Puglia e Basilicata Banca Popolare di Puglia e Basilicata S.C.p.A. is an Italian cooperative bank based in Altamura, in the Province of Bari, Apulia. The bank had 137 branches covered 12 out of 20 regions of Italy. However, they were located mainly in Southern Italy: ...

owned 0.20% stake. In 2016, after the 2015 financial statements of the bank was approved by the board of directors (which saw the banking group

CET1 Ratio Basel III is the third Basel Accords, Basel Accord, a framework that sets international standards for bank capital adequacy, Bank stress tests, stress testing, and liquidity requirements. Augmenting and superseding parts of the Basel II standard ...

had decreased to just 1.63% at 31 December 2015), a capital increase of €280 million was announced, which was reserved to voluntary scheme of

Fondo Interbancario di Tutela dei Depositi Fondo Interbancario di Tutela dei Depositi (FITD) is an Italian Deposit insurance, deposit guarantee fund founded in 1987. The fund became a mandatory scheme by the EU Deposit Guarantee Schemes Directive (94/19/EEC). However, the cooperative banks ...

. The banking foundations received free warrants to subscribe additional new shares. Eventually FITD owned 95.3% of the share capital after the capital increase. In 2017 it was announced that

Crédit Agricole Italia Crédit Agricole Italia S.p.A., formerly Crédit Agricole Cariparma S.p.A., is an Italian banking group, a subsidiary of French banking group Crédit Agricole. Crédit Agricole Italia was ranked as the 11th largest bank in Italy by total assets at ...

has interested to acquire the bank, which a process of due diligence was started in the same year. A contract was signed on 29 September 2017, with FITD voluntary scheme was responsible to recapitalize and clean up the non-performing loans before handover. In 2018, it was announced that the bank would be absorbed into Crédit Agricole Italia, ending its history as a separate entity.

References

External links

*
Fondazione Carisp Cesena
{{in lang, it Banks established in 1841 1841 establishments in the Papal States Banks disestablished in 2018 2018 disestablishments in Italy Defunct banks of Italy Companies based in the Province of Forlì-Cesena Cesena Former Crédit Agricole subsidiaries Italian companies established in 1841

History

See also

References

External links