Cassa di Risparmio di Fano

Overview

trade name	Carifano
type	subsidiary of a listed company
industry	Financial services
founded	January 14, 1843 in Fano May 28, 1992 (as S.p.A.) April 18, 2011 (Nuova Carifano)
defunct	2016
fate	absorbed by the parent company
successor	branches of Credito Valtellinese Carifano Foundation (charity)
hq location city	Fano
hq location country	Italy
area served	Marche and Umbria regions
num locations	40 branches
num locations year	2015
services	Retail banking
net income year	2015
assets	€1,972,715,609
assets year	2015
equity	€107,973,861
equity year	2015
owner	Credito Valtellinese (100%)
parent	Credito Valtellinese
ratio	9.56% (Tier 1)‡R1R‡

Cassa di Risparmio di Fano S.p.A. (Carifano) was an Italian saving bank based in Fano, Marche. The bank had 40 branches all in Marche and Umbria.

History

Cassa di Risparmio di Fano was founded on 14 January 1843 in Fano, the Papal States. Due to Legge Amato, on 28 May 1992, a Società per Azioni (limited company) and a banking foundation (Fondazione Cassa di Risparmio di Fano) were found.[2] In the late 1990s, Banca Popolare di Ancona (BPA) acquired 60% shares of the company, with the foundation and other shareholders retained the remaining stake. In 1996 BPA owned 59.76% shares, its parent company Banca Popolare di Bergamo – Credito Varesino owned 0.29%.[3] It was increased to 66.14% (plus 0.25%) in 1999.[4] In 2002 the remain 33.38% was sold by the foundation for €75 million[5]

Cassa di Risparmio di Fano

History

Banking foundation

See also

External links

References