Cassa di Risparmio di Imola
| Company type | Private limited company (former) |
|---|---|
| Industry | Banking |
| Founded | 1855 in Imola, Papal States |
| Defunct | 2003 |
| Fate | Merged into Banca Bipielle Romagna; brand relaunched later |
| Headquarters | Imola , Italy |
Area served | Province of Bologna, Emilia-Romagna |
| Parent | Banco Popolare (current) |
Cassa di Risparmio di Imola (CR Imola) was an Italian savings bank headquartered in Imola, within the Province of Bologna, Emilia-Romagna. Today, it functions as a division and brand under Banco Popolare.
History
Established in 1855 in Imola, which was then part of the Papal States, CR Imola experienced a reorganization in 1992 following the Legge Amato. This process separated the institution into a banking foundation and a private limited company. Initially, Casse Emiliano Romagnole held a 20% minority interest, which was reacquired by the foundation by 1997.
Banca Popolare di Lodi
By the year 2000, CR Imola operated 29 branches and had become affiliated with Banca Popolare di Lodi (BPL), which indirectly owned 62.18% through subsidiaries such as Bipielle Partecipazioni and Holding Cassa di Risparmio di Imola. In 2001, BPL's stake increased to 96.95%. The subsequent year saw CR Imola merge with Banca Bipielle Romagna, resulting in the creation of Banca Bipielle Adriatico, where BPL held an 83.10% share via Bipielle Retail. In 2003, CR Imola was completely integrated into BPL, which later combined with BPVN to form Banco Popolare. Following this, a new subsidiary was established to oversee certain assets formerly belonging to BPL.
Relaunch as brand
The CR Imola brand was reinstated by BPL in 2008. After BPL merged into Banco Popolare in 2011, CR Imola became a department within the bank division known as Banca Popolare di Verona starting from 2012.