Fate merger Headquarters Cuneo Successor Banca Regionale Europea | Defunct 1995 Founded 1855 Ceased operations 1995 | |
Native name Cassa di Risparmio di Cuneo Owner Fondazione Cassa di Risparmio di Cuneo | ||
Cassa di Risparmio di Cuneo S.p.A. was an Italian region bank based in Cuneo, Piedmont. The organization ceased to operate as a bank but as a non-profit organization as Fondazione Cassa di Risparmio di Cuneo.
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History
Cassa di Risparmio di Cuneo was found in 1855. Due to 1991 bank reform, two entity, namely Cassa di Risparmio di Cuneo S.p.A. and Fondazione Cassa di Risparmio di Cuneo were formed. On 1 January 1995 the S.p.A. merged with Banca del Monte di Lombardia S.p.A. to form Banca Regionale Europea (a subsidiary of Banca Lombarda e Piemontese since 2000 and UBI Banca since 2007. )
Bank Foundation
The former owner of the S.p.A. , Fondazione Cassa di Risparmio di Cuneo, held 18.91% of the shares of Banca Regionale Europea in 2000, as well as 4% of Banca Lombarda. As of 31 December 2014, the foundation held 24.90% of Banca Regionale Europea as well as 2.230% of UBI Banca.
The foundation sponsored the restoration of Alba Cathedral.