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Cassa di Risparmio del Friuli Venezia Giulia

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Industry
  
Financial services

Founded
  
1 December 2003

Number of employees
  
926 (2014)

Total equity
  
264.8 million EUR (2014)

Headquarters
  
Number of locations
  
105

Total assets
  
3.807 billion EUR (2014)

Parent organization
  
Native name
  
Cassa di Risparmio del Friuli Venezia Giulia S.p.A.

Formerly called
  
Friulcassa S.p.A. Cassa di Risparmio Regionale

Type
  
subsidiary of a listed company

Predecessor
  
Cassa di Risparmio di Udine e PordenoneCassa di Risparmio di Gorizia

Area served
  
Friuli – Venezia Giulia region

Cassa di Risparmio del Friuli Venezia Giulia known as CariFVG in short, is an Italian bank based in Gorizia, Friuli – Venezia Giulia region.

Contents

Cassa di Risparmio di Gorizia

Cassa di Risparmio di Gorizia was found on 1831 in Gorizia and Gradisca, in the Austrian Empire by the Count Giuseppe/Joseph (della Torre) von Thurn Hofer und Valsassina. Due to Legge Amato, the bank formed a subsidiary Cassa di Risparmio di Gorizia S.p.A. (a limited company; Italian: Società per Azioni), with the original corporation became a public entity Fondazione Cassa di Risparmio di Gorizia. (Decree of the Ministry of the Treasury on 26 June 1992; gazetted on 22 July 1992)

Cassa di Risparmio di Udine e Pordenone

The predecessor of Cassa di Risparmio di Udine was formed in 1496 as a mount of piety. In 1876 the mount formed the saving bank, (Italian: Cassa di Risparmio) which became Cassa di Risparmio di Udine e Pordenone in 1968 (same year as the foundation of the Province). By a decree of the Ministry of the Treasury, Cassa di Risparmio di Udine e Pordenone S.p.A. was formed in 1991 and the original statutory corporation became Fondazione Cassa di Risparmio di Udine e Pordenone. The limited company immediately recapitalized, which Cassa di Risparmio di Verona, Vicenza, Belluno e Ancona owned 25% stake of the share capital after increase.

Subsidiaries of Casse Venete Banca

The two foundations of the saving banks, along with Venice and Padova–Rovigo, formed a common holding company Casse Venete Banca. The holding merged with Casse Emiliano Romagnole in 2000 to form Cardine Banca and in 2002 the group merged with Sanpaolo IMI. During the period the two two banks remained as two separate subsidiaries.

Cassa di Risparmio del Friuli Venezia Giulia

On 1 December 2003 Friulcassa S.p.A. Cassa di Risparmio Regionale S.p.A. was formed by the merger of the two banks. The bank later renamed as Cassa di Risparmio del Friuli Venezia Giulia S.p.A. in 2007. In the same year the parent company Sanpaolo IMI also merged with Banca Intesa. The merger also triggered the group sold the sister company FriulAdria to Crédit Agricole due to both Crédit Agricole withdrew as the shareholders of Intesa, as well as to avoid monopoly market share in the region. However, the group was still not allowed to open new branches in the Province of Udine and Gorizia for two years.

References

Cassa di Risparmio del Friuli Venezia Giulia Wikipedia


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