Cassa di Risparmio di Piacenza e Vigevano was an Italian savings bank based in Piacenza, Emilia-Romagna, as well as a second office in Vigevano, Lombardy. Despite the bank ceased to be exist, the former owner of the bank still operated as a charity organization.
History
Cassa di Risparmio di Piacenza e Vigevano was a merger of the saving banks of Piacenza and Vigevano, found in 1860 (as part of Monte di Pietà di Piacenza) and 1857 respectively.[1] Due to Legge Amato, Cassa di Risparmio di Piacenza e Vigevano became two entity, società per azioni and the foundation in December 1991, with the latter acted as a charity organization.[2] The foundation sold a minority interests to the holding company Casse Emiliano Romagnole (CAER), which the foundation in turn became a minority owner of CAER.[2] The bank also recapitalized 24,022,900,000