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Cassa di Risparmio di Imola

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CR Imola
Native name
Cassa di Risparmio di Imola
Company typeBrand (former company)
Founded
  • 1855 (1855)
  • 1991 (S.p.A.)
  • 2008 (brand)
Headquarters
Imola
,
Italy

Cassa di Risparmio di Imola (CR Imola) was an Italian savings bank based in Imola, in the Province of Bologna, Emilia-Romagna. It currently a department and a brand of Banco Popolare.

History

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Cassa di Risparmio di Imola was found in 1855[1] in Imola, in the Papal States.

In 1992, due to Legge Amato, the statutory corporation was split into a private limited company and a banking foundation. Casse Emiliano Romagnole was introduced as a minority shareholders for 20% shares.[2] In 1997 the foundation bought back the shares.[3]

Banca Popolare di Lodi

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In 2000, the bank had 29 branches. In the same year, CR Imola became part of Banca Popolare di Lodi (BPL) which owned 62.18% shares indirectly through Bipielle Partecipazioni, Istituto di Credito delle Casse di Risparmio Italiane, Efibanca and Holding Cassa di Risparmio di Imola as sub-holding companies. In 2001, BPL owned 96.95% shares (67.91% through Bipielle Partecipazioni and 29.04% directly).[4] In 2002 CR Imola was merged with Banca Bipielle Romagna to form Banca Bipielle Adriatico. BPL owned 83.10% shares of the subsidiary through sub-holding Bipielle Retail. However, in 2003 the bank was absorbed into BPL. BPL was merged with BPVN to form Banco Popolare. A new subsidiary was incorporated to own part of the former assets of BPL.

Relaunch as brand

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In 2008, BPL relaunched CR Imola as one of their brands. In 2011, after BPL was absorbed into the parent company, CR Imola became a department of bank division Banca Popolare di Verona instead since 2012.

See also

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References

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  1. ^ "La Storia | Banco BPM". www.bancopopolare.it. Retrieved 2021-07-29.
  2. ^ Ministry of the Treasury (22 January 1992). "Approvazione del progetto di ristrutturazione presentato dalla Cassa di risparmio di Imola" (in Italian). Italian Republic Official Gazette. Retrieved 22 April 2016.
  3. ^ "GRUPPO BANCARIO CASSE EMILIANO ROMAGNOLE - S.p.a. in sigla - CAER". Gazzetta Ufficiale (in Italian). 30 June 1997. Retrieved 15 February 2016.
  4. ^ "Bilanci 2001" (in Italian). Banca Popolare di Lodi. Retrieved 14 February 2016.
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