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Cassa di Risparmio di Perugia

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Banca dell'Umbria 1462
FormerlyCassa di Risparmio di Perugia
Company type
IndustryFinancial services
Founded
  • 1908
  • 1992 (as S.p.A.)
  • 1999 (rename)
Defunct2005 (merged into parent company)
HeadquartersPerugia, Umbria, Italy
Services
Owner
ParentUniCredit (1999–2005)
Websitewww.bancaumbria.it

Banca dell'Umbria 1462 S.p.A. or previously known as Cassa di Risparmio di Perugia was an Italian bank. The bank became a subsidiary of UniCredit in 1999 and ceased to exist in 2005. However, its former owner Fondazione Cassa di Risparmio di Perugia, still operated as a charity organization.

History

Predecessor

The history of the bank could traced back to 1462, which mount of piety of Perugia (Italian: Monte di Pietà di Perugia) was founded by Franciscan Michele Carcano. The mount was considered as the first mount in Italy.[1] In 1972 the Monte was merged with Cassa di Risparmio di Perugia. (The savings bank of Perugia)[2]

Cassa di Risparmio di Perugia

Banca dell'Umbria

In 1992, due to Legge Amato, the bank non-profit making ownership as well as charity work were separated from daily banking operation, thus the formation of Cassa di Risparmio di Perugia S.p.A. and a banking foundation Fondazione Cassa di Risparmio di Perugia.[3][4] The bank was renamed to Banca dell'Umbria 1462 S.p.A. In 1997.[3]

In 1999 the owner of the bank, the banking foundation sold majority interests to Rolo Banca[3] (UniCredit had controlling interests) for the shares of Rolo Banca. The foundation still held 25.22% shares of the bank directly and a tiny interests through minority share holding of Rolo Banca for just 3%.[5] In 2001 Mediocredito dell'Umbria, a subsidiary, was absorbed into Banca dell'Umbria. In 2003 the foundation reduced the shares it held to 3.5% directly and a very tiny interests indirectly through its 0.88% shares of UniCredit.[6]

In 2005 the bank was absorbed into UniCredit.[3][7]

See also

References

  1. ^ Toaff, Ariel (2004). "Jews, Franciscans, and the First Monti di Pietà in Italy (1462–1500)". In McMichael, Steven J.; Myers, Susan E. (eds.). Friars and Jews in the Middle Ages and Renaissance. Leiden: Koninklijke Brill. p. 239. Retrieved 23 November 2017 – via UWA ebook collection. {{cite book}}: Unknown parameter |subscription= ignored (|url-access= suggested) (help)
  2. ^ Benedetta economia by Luigino Bruni, Alessandra Smerilli 2008 (Google Book preview)
  3. ^ a b c d "UniCredit: un nuovo passo avanti nell'integrazione della Banca dell'Umbria" (in Italian). UniCredit. 27 January 2005. Archived from the original on April 2, 2015. Retrieved 23 March 2015. {{cite news}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  4. ^ "Approvazione del progetto di ristrutturazione presentato dalla Cassa di risparmio di Perugia" (in Italian). Italian Republic Official Gazette. 1 June 1992. Retrieved 1 March 2016.
  5. ^ 2001 bilancio Nota integrativa Fondazione Cassa di Risparmio di Perugia Template:It icon
  6. ^ 2003 bilancio Nota integrativa Fondazione Cassa di Risparmio di Perugia Template:It icon
  7. ^ "Accordo fusione Banca dell'Umbria e C.R. Carpi in Unicredito" (in Italian). FISAC/CGIL. 30 June 2005.