Cassa di Risparmio di Cuneo S.p.A. was an Italian savings bank based in Cuneo, Piedmont. The organization ceased to operate as a bank, turning into a non-profit organization as Fondazione Cassa di Risparmio di Cuneo.
Native name | Cassa di Risparmio di Cuneo |
|---|---|
| Founded | 1855 |
| Defunct | 1995 |
| Fate | merger |
| Successor | Banca Regionale Europea |
| Headquarters |
Cuneo
,
Italy
|
| Owner | Fondazione Cassa di Risparmio di Cuneo |
Cassa di Risparmio di Cuneo was founded in 1855.[1] Due to 1991 bank reform, two entity, namely Cassa di Risparmio di Cuneo S.p.A. and Fondazione Cassa di Risparmio di Cuneo were formed. On 1 January 1995 the S.p.A. merged with Banca del Monte di Lombardia S.p.A. to form Banca Regionale Europea (a subsidiary of Banca Lombarda e Piemontese since 2000 and UBI Banca since 2007.[2] )
The former owner of the S.p.A. , Fondazione Cassa di Risparmio di Cuneo, held 18.91% of the shares of Banca Regionale Europea in 2000, as well as 4% of Banca Lombarda.[2] As of 31 December 2014, the foundation held 24.90% of Banca Regionale Europea as well as 2.230% of UBI Banca.[3]
The foundation sponsored the restoration of Alba Cathedral.[4]
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