The Banca di Credito Sardo S.p.A. was an Italian bank headquartered in Cagliari, Sardinia. In 2014 it was absorbed by the parent company

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 ...

. The head office building, located in Cagliari, was designed by the Italian architect

Renzo Piano Renzo Piano (; born 14 September 1937) is an Italian architect. His notable buildings include the Centre Georges Pompidou in Paris (with Richard Rogers, 1977), The Shard in London (2012), the Whitney Museum of American Art in New York City ( ...

History

Credito Industriale Sardo, ''ente di diritto pubblico con personalità giuridica propria'', was established in 1953 as one of the 19 Mediocredito of Italy, as well as one of the three Istituti per il Finanziamento a Medio Terminealle Medie e Piccole Industrie nell'Italia Meridionale e Insulare (Istituti Meridionale), which were funded by Cassa per il Mezzogiorno. The bank provided medium term loan to small and medium industries from the island. Due to

Legge Amato Legge is a surname. Notable people with the surname include: *Alexander Legge (1866–1933), US businessman, president of International Harvester * Anthony Legge (1939–2013), British archaeologist specialized in zooarchaeology * Arthur Kaye Legge ...

, the bank became a limited company ( it,

Società per Azioni ''Società'' (Italian language, 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 wer ...

) in 1992. The bank renamed into Banca CIS in 1990s. In 2000 Mediocredito Lombardo, a subsidiary of Banca Intesa, acquired an additional 53.23% stake of Banca CIS from the , making Mediocredito Lombardo owned 55.37% stake. In February 2009 the 93 branches of

and Banca CIS were merged to form Banca di Credito Sardo. At the same time the core business (medium term lending to enterprises) was transferred to Mediocredito Italiano (ex-Mediocredito Lombardo). However, Banca di Credito Sardo was absorbed into Intesa Sanpaolo in 2014.

References

External links

* Defunct banks of Italy Former Intesa Sanpaolo subsidiaries Banks established in 1953 Italian companies established in 1953 Banks disestablished in 2014 Italian companies disestablished in 2014 Companies based in Cagliari Formerly government-owned companies of Italy {{Italy-bank-stub

History

See also

References

External links