Cassa di Risparmio di Cento

Cassa di Risparmio di Cento S.p.A. (known as CR Cento or Caricento in short) is an Italian savings bank based in Cento, Emilia-Romagna, which serve the Province of Ferrara, Bologna and Modena.

Cassa di Risparmio di Cento
Typeunlisted public società per azioni
ISINIT0001022182
IndustryFinancial services
Founded1859
1991 (S.p.A.)
HeadquartersCento, Emilia-Romagna, Italy
Key people
  • Carlo Alberto Roncarati (chairman)
  • Mauro Manuzzi (vice-chairman)
  • Ivan Damiano (General Manager)
ProductsRetail banking
€0002 million (2016)
Total assets €2.854 billion (2016)
Total equity €0196 million (2016)
Owner
  • Fondazione Caricento (67.08%)
  • Ennio & Mauro Manuzzi (10.88%)
  • general public (22.04%)
ParentFondazione Caricento
Capital ratio 12.41% (CET1, Dec.2016)
Websitewww.crcento.it
Footnotes / references
source[1]

History

The bank was found on 26 April 1844 in Cento, in the Papal States and open to the public on 27 March 1859.[2][3] In December 1991, due to Legge Amato, the daily banking operation and ownership were split into a società per azioni and Fondazione Cassa di Risparmio di Cento, a banking foundation.[4] Which the bank still majority owned by the foundation, through direct and indirect ownership (Holding Cassa di Risparmio di Cento S.p.A.). Casse Emiliano Romagnole was a minority shareholder for 20% shares, but sold the shares back to the foundation in 1997.[5]

In October 2017, northern Italy bank Banca Popolare di Sondrio announced that the bank had interested to buy CR Cento,[6] after fellow savings banks of Emilia-Romagna were acquired by BPER Banca and Crédit Agricole Italia in 2017.

Banking foundation

Fondazione Cassa di Risparmio di Cento currently held an equity of €56 million as of 31 December 2013.[7] The foundation sponsored Prize Cento, a prize for literature.

See also
savings bank from the Province of Ferrara
savings bank from the provincial capital of Emilia-Romagna

References
  1. "2016 Bilancio" (PDF) (in Italian). Cassa di Risparmio di Cento. 10 April 2017. Retrieved 30 April 2017.
  2. http://www.fondazionecrcento.it/natura_e_scopi.htm?v_lingua=ITA&v_menu_lista=METOP-M0001-M0101
  3. https://www.crcento.it/storia/cassa_di_risparmio_di_cento/ITA/M-MP000-MP500-MP501-SM116/
  4. Ministry of the Treasury (24 January 1992). "Approvazione del progetto di ristrutturazione presentato dalla Cassa di risparmio di Cento" (in Italian). Italian Republic Official Gazette. Retrieved 22 June 2016.
  5. "GRUPPO BANCARIO CASSE EMILIANO ROMAGNOLE - S.p.a. in sigla - CAER". Gazzetta Ufficiale (in Italian). 30 June 1997. Retrieved 15 February 2016.
  6. "Banca Popolare di Sondrio comunica la sottoscrizione di una lettera di intenti con la Fondazione Cassa di Risparmio di Cento per approfondire la possibile acquisizione della quota di controllo del capitale sociale della Cassa di Risparmio di Cento, provincia di Ferrara" (Press release) (in Italian). Banca Popolare di Sondrio. 14 October 2017. Retrieved 14 November 2017.
  7. "Bilancio di missione anno 2013" (PDF) (in Italian). Fondazione Cassa di Risparmio di Cento. 15 October 2014. Retrieved 6 April 2015.


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