Headquarters Lucca, Italy | Parent Banca Carige | |
Native name Banca del Monte di Lucca Founded 1489 (as Mount of Piety)
1992 (S.p.A. and Fondazione) Owner Banca Carige (60%)
Fondazione Banca del Monte di Lucca (20%)
Fondazione Cassa di Risparmio di Lucca (20%) | ||
Banca del Monte di Lucca is an Italian regional bank and charity organization.
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Bank
Due to Italian banking reform in 1990s, the organization was split into a S.p.A. and a banking foundation in 1992. Banca Monte Lucca, and the saving bank of Florence, Livorno, Lucca, Pisa, Pistoia, San Miniato as well as Banca Monte Lucca, formed a loose bank union: Holding Casse Toscane. In 1996, CR Pisa, Livorno, Lucca and Banca Monte Lucca quit the union and formed Holding Casse del Tirreno. In 1999 the three saving banks were acquired by Banca Popolare di Lodi. In 2000 Banca Carige acquired 51% shares of Banca Monte Lucca SpA. The foundation sold a further 20% in 2013 to Fondazione Cassa di Risparmio di Lucca.
Banking Foundation
The former owner of the bank, Fondazione Banca del Monte di Lucca (the banking foundation), was a minority owner of Cassa Depositi e Prestiti for 114,348 shares. The foundation also owned 0.1545% of Banca Carige.