Profit (€20,849,283) (2015) Total assets 7.154 billion EUR (2015) | Products Retail banking Number of locations 216 (2015) Total equity 1.055 billion EUR (2015) | |
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Type subsidiary of a listed company Predecessor CaricalCaripugliaCarisal Founded 1 January 1998, Cosenza, Italy | ||
Banca carime
Banca Carime S.p.A. is an Italian bank based in Cosenza, Calabria. The bank is a subsidiary of UBI Banca. As of 31 December 2015, the bank had 216 branches (all located in Southern Italy), serving Calabria (84 branches), Apulia (93 branches), Campania (where Salerno located; 20 branches) and Basilicata (19 branches).
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In 1999 the bank had 341 branches: 146 in Calabria, 45 in Basilicata, 122 in Apulia, 27 in Campania and 1 in Molise.
Accordo quadro fincalabra spa e banca carime spa 2012
History
The bank was formed by the union of the saving banks (Italian: Cassa di Risparmio) of Calabria–Basilicata (Carical, found 1861), Apulia (Caripuglia, found 1949), and Salerno (Carisal, found 1956) by Cariplo. In 1996, Cariplo held 80% shares of Carisal and 63.71% shares of Caripuglia directly, as well as around 60% shares of Carical through direct ownership and through Fincarime, Caripuglia and Carisal. In 1997, Fincarime was renamed to Banca Carime S.p.A. with Cariplo SpA owned 98.70% shares directly and indirectly, as well as Cariplo reached 100% ownership for Carisal, 96.05% for Caripuglia and Carical 99.88%. The three local banks were started to merged into one subsidiary Banca Carime on 1 January 1998.
Right after Cariplo merged with Banco Ambrosiano Veneto to form Banca Intesa on 2 January 1998, Caripuglia ceased to be existed that year, followed by Carisal and Carical in 1999.
However, on 29 June 2001, Banca Intesa sold 75% stake of Banca Carime to Banca Popolare Commercio e Industria for €1.191 billion, with Intesa retained 24.92% only. In 2002 Intesa sold the minority interests to Deutsche Bank, with a warrants issued by the German bank to BPCI to buy Carime at the same price, which the contract would last until 2006. On 1 July 2003 Carime followed BPCI to become a member of Banche Popolari Unite (BPU). BPU also excised the warrants in 2005.
On 1 April 2007 Carime became a member of UBI Banca due to another merger. At the same year Carime also sold 15 branches to Banca Popolare Pugliese, effective on 1 May.