Cassa di Risparmio di Prato S.p.A. or known as Cariprato or C.R. Prato, is a former Italian saving bank based in Prato, Tuscany. It was acquired by Banca Popolare di Vicenza (BPVi) in 2003. In 2010 it was completely absorbed by the parent company as its own branded branches.[1]
The former owner of the bank, Fondazione Cariprato, as of 31 December 2013, still owned 0.5% shares of BPVi.[2] However, in January 2015 the foundation also announced that they would diversify their investments by decreasing the shares holding on one company.[3]
History
Cassa di Risparmio di Prato was found in 1830 in the Grand Duchy of Tuscany, a year after the formation of Cassa di Risparmio di Firenze. The bank gained an independent status (part away from C.R. Firenze) on 13 October 1882. Cariprato was the first bank that bail-out by