Cassa di Risparmio di Biella
| Company type | S.p.A. (after 1992) |
|---|---|
| Industry | Banking |
| Founded | 1856 |
| Founder | Giovanni Pietro Losana |
| Defunct | 1994 |
| Fate | Merged with Cassa di Risparmio di Vercelli to form Cassa di Risparmio di Biella e Vercelli |
| Successor | Cassa di Risparmio di Biella e Vercelli |
| Headquarters | Biella , Italy |
Area served | Piedmont, Italy |
| Products | Banking services |
Cassa di Risparmio di Biella (Caribiella) functioned as a regional Italian bank and charitable organization headquartered in Biella, Piedmont. In 1994, the bank combined with Cassa di Risparmio di Vercelli, whereas the associated charity, Fondazione Cassa di Risparmio di Biella, remains active in supporting the Biella community.
Bank
- 1856: Giovanni Pietro Losana founded Cassa di Risparmio di Biella e Circondario.
- 1970s: The institution issued Miniassegno amid periods of currency scarcity.
- 1992: Pursuant to Legge Amato, banking activities were divided into the commercial entity Cassa di Risparmio di Biella S.p.A. and the charitable organization Fondazione Cassa di Risparmio di Biella.
- 1994: The bank united with Cassa di Risparmio di Vercelli, creating Cassa di Risparmio di Biella e Vercelli.
Bank Foundation
The foundation is a patron of the regional literary competition Premio Biella Letteratura e Industria. It possesses minority shares in Cassa Depositi e Prestiti (0.10%) and holds a 27.75% interest in Biella-Cerrione Airport (Società Aeroporto Cerrione). As recorded on 31 December 2014, its equity capital amounted to €221.6 million.
See also
- Provincial capital banks located in Piedmont
- Cassa di Risparmio di Asti
- Cassa di Risparmio di Alessandria, currently integrated into Banca Popolare di Milano
- Cassa di Risparmio di Cuneo, now part of UBI Banca
- Cassa di Risparmio di Torino, presently within UniCredit