Cassa di Risparmio di Vignola

Banca CRV – Cassa di Risparmio di Vignola S.p.A.
Trade name	Banca CRV
Company type	subsidiary of a listed company
Industry	Financial services
Predecessor	Cassa di Risparmio di Vignola
Founded	4 August 1872 (predecessor); 20 December 1991 (S.p.A. & foundation spin-off);
Defunct	29 November 2010 (S.p.A. only)
Fate	absorbed into BPER
Successor	Fondazione di Vignola (charity only); local branches of BPER;
Headquarters	Vignola, Italy
Owner	Banca Popolare dell'Emilia Romagna (100%)
Parent	Banca Popolare dell'Emilia Romagna

Cassa di Risparmio di Vignola was an Italian saving bank based in Vignola, in the Province of Modena, Emilia–Romagna region. It was absorbed by Banca Popolare dell'Emilia Romagna in 2010.

History

Cassa di Risparmio di Vignola (the saving bank of Vignola) was founded on 4 August 1872. Soon after it merged with Cassa di Risparmio di Spilamberto.^[1] Due to Legge Amato, the bank was split into Banca CRV – Cassa di Risparmio di Vignola S.p.A. (a limited company) and Fondazione Cassa di Risparmio di Vignola (a banking foundation; now known as Fondazione di Vignola) on 20 December 1991 (gazetted on 24 January 1992).^[2]

The foundation sold the majority interests in the company, to Banca Popolare dell'Emilia Romagna (BPER) in late 1990s. In 2000, BPER owned 76.087% shares.^[3] The remain 23.913% shares was sold by the foundation to BPER in 2005, for about €33 million.^[4]^[5]

On 29 November 2010 the bank was absorbed into the parent company.^[6]

Banking foundation

The former owner of the bank, Fondazione di Vignola, still runs as a charity organization.

References

^ "Storia" [Story] (in Italian). Vignola Foundation. Archived from the original on 29 January 2016. Retrieved 16 February 2016.
^ "Approvazione del progetto di ristrutturazione presentato dalla Cassa di risparmio di Vignola". Gazzetta Ufficiale (in Italian). 24 January 1992. Retrieved 16 February 2016.
^ "Bilancio Consolidato 2000" (PDF). Banca Popolare dell'Emilia Romagna (BPER) (in Italian). Borsa Italiana archive. 7 May 2001. Retrieved 16 February 2016.
^ "BILANCIO CONSUNTIVO 2005" (PDF). Vignola Foundation (in Italian). Associazione di Fondazioni e di Casse di Risparmio S.p.A. (ACRI) archive. 16 November 2006. Retrieved 16 February 2016.
^ "bilancio 2005 individuale" (PDF). BPER (in Italian). Borsa Italiana archive. 18 May 2006.
^ "FUSIONE PER INCORPORAZIONE DI CASSA DI RISPARMIO DI VIGNOLA IN BANCA POPOLARE DELL'EMILIA ROMAGNA" (in Italian). BPER. 3 December 2010. Archived from the original on 9 March 2016. Retrieved 16 February 2016.