Cardine Banca S.p.A. was an Italian banking group that operated between 2000 and 2002. It was acquired by Sanpaolo IMI an banking and insurance conglomerate.
History
The bank was founded in 2000 by the merger of Casse Emiliano Romagnole and Casse Venete Banca. On 1 June 2002 the group was acquired by Sanpaolo IMI in an all shares deal.[2]
In 2000 Banca Agricola di Gorizia was sold to Banca Popolare di Cividale.[3]
In 2002, the European Investment Bank advanced a €200.37 million loan to the banking group, as part of a subsidized loan to small and medium-sized enterprises and small and medium-sized infrastructure projects.[4]