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Cassa dei Risparmi di Forlì e della Romagna

From Alfawiki
Cassa dei Risparmi di Forlì e della Romagna S.p.A.
Company typeSocietà per azioni
IndustryBanking
PredecessorCassa di Risparmio di Forlì
Founded1839
Defunct2018
FateIntegrated into Intesa Sanpaolo
SuccessorIntesa Sanpaolo
Headquarters
Forlì
,
Italy
Area served
Romagna, Italy
ProductsSavings bank services
OwnerFondazione Cassa dei Risparmi di Forlì (former controlling entity)
ParentIntesa Sanpaolo (after 2007)

Cassa dei Risparmi di Forlì e della Romagna S.p.A., commonly referred to as Cariromagna, was an Italian savings institution headquartered in Forlì, within the Emilia-Romagna region. Although it was integrated into Intesa Sanpaolo in 2018, its original controlling entity, Fondazione Cassa dei Risparmi di Forlì, persists as a banking foundation and charitable organization.

The bank was formerly known by several names, including Cassa di Risparmio di Forlì and Cassa dei Risparmi di Forlì S.p.A..

History

Established in 1839 by an edict from Pope Gregory XVI in Forlì, which was then part of the Papal States, Cassa di Risparmio di Forlì (Cariforlì) primarily served the local community. In 1992, as a result of regulatory reforms, the institution divided into two separate entities: Fondazione Cassa dei Risparmi di Forlì (Fondazione Cariforlì), functioning as a philanthropic shareholder, and "Cassa dei Risparmi di Forlì S.p.A." handling banking operations.

In 2000, Sanpaolo IMI became a strategic minority shareholder, while Banca CR Firenze also acquired minority shares. By the close of 2006, Sanpaolo IMI held 38.25% of both voting rights and share capital; Banca CR Firenze possessed roughly 12.75%, the foundation maintained 28.38%, and private investors accounted for 20.62%.

On 19 March 2007, the institution adopted the name Cassa dei Risparmi di Forlì e della Romagna (Cariromagna) to enhance its regional identity throughout Romagna. That same year, Sanpaolo IMI and Banca CR Firenze merged with Banca Intesa, creating Intesa Sanpaolo, which became one of Italy’s leading banking groups alongside UniCredit. Cariromagna expanded its branch network through the incorporation of outlets from affiliated group companies.

Following the strategic plan unveiled by Intesa Sanpaolo, the Cariromagna brand was phased out, and the bank was fully absorbed into Intesa Sanpaolo in 2018.

Sponsorship

The bank served as a sponsor for the local football club Forlì F.C., which participated in the 2012–13 Lega Pro Seconda Divisione season.

Banking foundation

Fondazione Cassa dei Risparmi di Forlì originated as the bank’s founding legal entity and remained its principal shareholder since 1992. After the takeover by Intesa Sanpaolo, the foundation preserved a minority ownership stake and continues to engage in philanthropic efforts throughout Forlì and the Romagna area.

See also

External links