Industry Financial services Capital ratio 9.70% (CET1) Net income 6.275 million EUR (2015) Total equity 121.8 million EUR (2015) | Services Retail banking Headquarters Fossano Total assets 1.987 billion EUR (2015) | |
Native name Cassa di Risparmio di Fossano S.p.A. Type private società per azioni Owner Fondazione CR Fossano (76.92%)BPER (23.077%) Founded 22 July 1905, Fossano, Italy | ||
Cassa di Risparmio di Fossano is an Italian saving bank based in Fossano, in the Province of Cuneo, Piedmont.
Monte di Pietà di Fossano was found in 1591. In 1905 the bank was formed by the mount of piety. Since the bank reforms in 1991, the bank was split into a società per azioni and a non-profit banking foundation. Cassa di Risparmio di Torino (Banca CRT) once became a minority shareholders of the bank. However its successor, UniCredit, sold their possession on Fossano (23.077%), Bra (31.021%), Saluzzo (31.019%) and Savigliano (31.006%) to Banca Popolare dell'Emilia Romagna for about €149 million in 2006. (which BPER paid €36.898 million for CR Fossano's shares)
References
Cassa di Risparmio di Fossano Wikipedia(Text) CC BY-SA