Cassa di Risparmio di Carrara S.p.A. was an Italian saving bank based in Carrara, Tuscany. The bank was absorbed by the parent company Banca Carige in 2015.
History
Cassa di Risparmio di Carrara was found in 1843 in Carrara in the Duchy of Modena and Reggio. In 1992 the statutory corporation was split into a limited company and Fondazione Cassa di Risparmio di Carrara (a banking foundation).[2] At that time the banking foundation owned 66.67% stake of the company, with the rest was owned by Cassa di Risparmio delle Provincie Lombarde (Cariplo). In 1995, a sub-holding company "Carinord Holding" was formed, which Cariplo was the significant shareholder for 30.93% stake,[3] in turn the holding owned 90% stake of CR Carrara. The holding also owned the saving bank in Alessandria (50% + 1 share) and Spezia (68.19%).[4]