Native name Cardine Banca S.p.A. Defunct 2002 Headquarters Bologna Ceased operations 2002 | Industry Financial services Total assets €43.062 billion (2001) Founded 2000 | |
Former type private Società per Azioni Profit €185.473 million (2001) Predecessors Casse Emiliano Romagnole, Cassa di Risparmio del Veneto | ||
Cardine Banca S.p.A. was an Italian banking group found in 2000 by the merger of Casse Emiliano Romagnole and Casse Venete Banca. On 1 June 2002 the group was acquired by Sanpaolo IMI in an all shares deal.
Contents
In 2000 Banca Agricola di Gorizia was sold to Banca Popolare di Cividale.
In 2002 European Investment Bank advanced a €200.37 million loan to the banking group, as part of a subsidized loan to small and medium-sized enterprises and small and medium-sized infrastructure projects.
Subsidiaries
Shareholders
As of 31 December 2001- Fondazione Cariparo (40.22%)
- Fondazione Carisbo (28.61%)
- Sanpaolo IMI (10.81%)
- Fondazione CRUP (5.08%)
- Unipol (1.80%)
- Generali (1.48%)
- Fincardine (treasury shares) (0.44%)
- Fondazione Cassa di Risparmio di Carpi (0.41%)
- others (8.84%)
References
Cardine Banca Wikipedia(Text) CC BY-SA