Banca Cassa di Risparmio di Torino S.p.A., also known as Banca CRT or Caritorino, was an Italian savings bank based in Turin, founded in 1827 and merged into Unicredito in 1997. In 1998, Unicredito merged with Credito Italiano to form UniCredito Italiano, later known as UniCredit. In 2002, Banca CRT was absorbed into the parent company.
The former owner of Banca CRT, Fondazione Cassa di Risparmio di Torino (Fondazione CRT), as of 31 December 2013, still owned 2.506% voting rights of UniCredit, as 7th largest shareholder.[1] On 31 December 1999, Fondazione CRT was the second largest shareholder of UniCredit with 14.228% of the total ordinary shares (704,943,077 of 4,954,465,306).[2]
History
Cassa di Risparmio di Torino was founded in 1827 with a philanthropic ideals, at that time still in the Kingdom of Sardinia.[3]