Cardine Banca
| Company type | Public |
|---|---|
| Industry | Financial services |
| Founded | 2000 |
| Defunct | 1 June 2002 |
| Fate | Absorbed by Sanpaolo IMI |
Area served | Italy |
| Products | Banking, leasing, fiduciary services |
| Parent | Sanpaolo IMI (from 2002) |
Cardine Banca S.p.A. was an Italian financial group active between 2000 and 2002, later integrated into Sanpaolo IMI, a leading banking and insurance entity.
History
Established in 2000 through the consolidation of Casse Emiliano Romagnole and Casse Venete Banca, Cardine Banca was absorbed by Sanpaolo IMI on 1 June 2002 via an all-stock deal.
During 2000, Banca Agricola di Gorizia was sold to Banca Popolare di Cividale.
In 2002, the European Investment Bank extended a loan of €200.37 million to Cardine Banca, aimed at supporting infrastructure initiatives and small to medium-sized enterprises, underscoring the group's dedication to SME financing.
Subsidiaries
- Product-focused entities:
- Cardine Leasing
- Finemiro Leasing
- Cardine Fiduciaria
- Retail banking institutions:
- Banca Agricola di Cerea
- Banca Popolare dell'Adriatico
- Cassa di Risparmio di Gorizia
- Cassa di Risparmio di Padova e Rovigo (Cariparo)
- Cassa di Risparmio di Udine e Pordenone (CRUP)
- Cassa di Risparmio di Venezia
- Cassa di Risparmio in Bologna (Carisbo)
- Finemiro Banca
- FarBanca
- West Bank S.A.