Cassa di Risparmio di Fossano

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

CR Fossano
Native name
Cassa di Risparmio di Fossano S.p.A.
Company typePrivate società per azioni
IndustryFinancial services
Founded1905
Headquarters
Fossano
,
Italy
ServicesRetail banking
Decrease €6,275,222 (2015)
Total assetsIncrease €1,986,706,904 (2015)
Total equityDecrease €121,776,950 (2015)
Owner
  • Fondazione CR Fossano (76.92%)[1]
  • BPER (23.077%)[2]
Capital ratio9.70% (CET1)
Websitewww.crfossano.it
Footnotes / references
source [3]

Monte di Pietà di Fossano was founded in 1591. In 1905 the bank was formed by the mount of piety.[clarification needed] Since the bank reformed in 1991, it was split into a società per azioni and a non-profit banking foundation.[4] Cassa di Risparmio di Torino (Banca CRT) once became a minority shareholder of the bank.[5] However, its successor, UniCredit, sold their possession on Fossano (23.077%), Bra (31.021%), Saluzzo (31.019%) and Savigliano (31.006%) to Banca Popolare dell'Emilia Romagna for about €149 million in 2006 (which BPER paid €36.898 million for CR Fossano's shares).[6]

See also

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References

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  1. ^ "Bilancio Consuntivo 22° Esercizio (1-1-2014 – 31-12-2014)" (PDF) (in Italian). Fondazione Cassa di Risparmio di Fossano. 15 April 2015. Retrieved 2 February 2016.
  2. ^ "RELAZIONE DEGLI AMMINISTRATORI SULLA GESTIONE [2014]" (PDF) (in Italian). Banca Popolare dell'Emilia Romagna. 29 April 2015. Archived from the original (PDF) on 16 March 2016. Retrieved 2 February 2016.
  3. ^ "2015 Bilancio" (PDF) (in Italian). Cassa di Risparmio di Fossano. 2016. Retrieved 22 June 2016.
  4. ^ Ministry of the Treasury (18 January 1992). "Approvazione del progetto di ristrutturazione presentato dalla Cassa di risparmio di Fossano" (in Italian). Italian Republic Official Gazette. Retrieved 22 June 2016.
  5. ^ Morreale, Giampietro (19 September 2011). "La fusione di Banca crt e UniCredito Italiano" [The fusion of Banca CRT and UniCredito Italiano] (PDF) (in Italian). UniCredit. Archived from the original (PDF) on 2015-04-02. Retrieved 31 March 2015.
  6. ^ "Bilancio individuale 2006" (PDF) (in Italian). BPER. 10 November 2007. Archived from the original (PDF) on 2016-10-12. Retrieved 16 February 2016.