Cassa di Risparmio di Ascoli Piceno
| Company type | Società per azioni |
|---|---|
| Industry | Banking |
| Founded | 1842 |
| Defunct | 2013 |
| Fate | Merged into Banca dell'Adriatico |
| Headquarters | Ascoli Piceno , Italy |
Area served | Marche region, Italy |
| Parent | Intesa Sanpaolo |
Cassa di Risparmio di Ascoli Piceno (commonly known as Carisap) was a regional banking institution located in Ascoli Piceno, within the Marche region of Italy. As a subsidiary under the Intesa Sanpaolo umbrella, it was consolidated into another group entity, Banca dell'Adriatico, in 2013.
The bank’s previous proprietor, Fondazione Cassa di Risparmio di Ascoli Piceno (Fondazione Carisap), remains active as a philanthropic organization and held a 0.3537% stake in Intesa Sanpaolo shares as of 31 December 2013.
History
Established in 1842 in Ascoli Piceno, Carisap transitioned into a Società per azioni in 1992 pursuant to the Legge Amato. During the 1990s, Cariplo acquired a 25% share from Fondazione Carisap. Following Cariplo’s merger with Banco Ambrosiano Veneto, which resulted in the creation of Banca Intesa in 1998, the group increased its ownership to 66% of Carisap.
By 2001, Carisap became part of the intermediate holding entity Holding IntesaBCI Centro, alongside five other savings banks; this group expanded with an additional bank joining in 2003. The year 2007 marked Carisap’s integration into the newly established Intesa Sanpaolo Group following the merger involving Banca Intesa.
In 2008, ownership of these seven savings banks was transferred to Banca CR Firenze, an Intesa Sanpaolo subsidiary. Subsequently, in 2012, Banca CR Firenze purchased the remaining 34% stake in Carisap from Fondazione Carisap for €70 million and then sold Carisap to Intesa Sanpaolo for €205 million. That same year, four out of the six other savings banks consolidated under the name Casse di Risparmio dell'Umbria.
In 2013, Carisap was merged into Banca dell'Adriatico, another subsidiary of Intesa Sanpaolo with operations concentrated in Marche, Abruzzo, and Molise.
Sponsorship
Carisap SpA served as a jersey sponsor for Ascoli Calcio 1898 and also supported the annual San Benedetto Tennis Cup tournament.
Bank Foundation
The Fondazione Cassa di Risparmio di Ascoli Piceno (Fondazione Carisap), established in 1992, operates as an autonomous non-profit entity dedicated to social welfare initiatives within the Ascoli Piceno area.
Its strategic plan for 2023–2025 commits close to €12 million toward projects encompassing cultural preservation, social assistance, education, healthcare, and sustainable development.
Among recent projects are the AvverAbile employment initiative aimed at individuals with disabilities (€200,000 allocated) and a €340,000 funding contribution for palliative home care services developed in collaboration with third-sector organizations.
The foundation also manages the Circolo Sportivo Fondazione Carisap—a community-focused sports and social facility fostering inclusion—and maintains membership with Ariadne, a prominent European philanthropic network dedicated to social innovation.
In its 2024 report, the foundation disclosed a surplus of €13.5 million, oversees an endowment totaling €284.6 million, and approved grants amounting to €5.4 million distributed across 217 projects that serve tens of thousands within the local community.
External links
- [ Carisap]
- Fondazione Carisap
- Articles with short description
- Banks established in 1842
- Banks disestablished in 2013
- 1842 establishments in the Papal States
- Italian companies disestablished in 2013
- Defunct banks of Italy
- Companies based in Marche
- Ascoli Piceno
- Former Intesa Sanpaolo subsidiaries
- Cariplo acquisitions
- Banca Intesa acquisitions
- Italian companies established in 1842