Rolo Banca

Rolo Banca 1473 S.p.A.

Company type	Subsidiary
Industry	Financial services
Founded	1996
Defunct	2002
Fate	Merged into UniCredit Banca
Headquarters	Bologna , Italy
Parent	UniCredito Italiano (later UniCredit)

Rolo Banca 1473 S.p.A. was an Italian financial institution based in Bologna, created through the consolidation of Credito Italiano's subsidiaries, Credito Romagnolo and Carimonte Banca. Its immediate parent company was Credit Carimonte, a joint venture split 51–49 between Credito Italiano (which later became UniCredit) and Carimonte Holding, itself a partnership between Fondazione Carimodena and Fondazione del Monte di Bologna e Ravenna.

History

The bank’s roots originate from the Mount of Piety of Bologna, established in 1473, which combined with the Mount of Piety of Ravenna, founded in 1492, to establish Banca del Monte di Bologna e Ravenna in 1966. In 1991, the formation of Carimonte Banca occurred through the merger of Banca Monte and Cassa di Risparmio di Modena (founded in 1846). On January 1, 1996, Carimonte merged with Credito Romagnolo (established in 1896), a subsidiary of Credito Italiano, resulting in the rebranding of Credito Romagnolo Holding as Rolo Banca 1473 S.p.A..

Following the merger of its parent company with Unicredito in 1998, Rolo Banca was incorporated into UniCredito Italiano (later UniCredit). That same year, it integrated Banca Popolare del Molise, Carimonte Fondiario, and Rolosim into its operations.

In 1999, Rolo Banca obtained a controlling interest in Banca dell'Umbria, and by 2000 it had acquired a 73.81% shareholding in Cassa di Risparmio di Carpi.

As of December 31, 2001, Rolo Banca recorded consolidated shareholders’ equity amounting to €3.173 billion.

On June 30, 2002, as part of UniCredit’s strategic consolidation efforts, Rolo Banca along with several other regional banks were merged into UniCredit Banca.

See also

• Casse Emiliano Romagnole, a banking group based in Bologna
  • Cassa di Risparmio in Bologna