La Cassa di Ravenna

La Cassa di Ravenna S.p.A., formerly Cassa di Risparmio di Ravenna S.p.A. and Cassa di Risparmio di Ravenna, is an Italian savings bank. The bank is based in Ravenna, Emilia-Romagna region. The bank also has branches in Ancona and Gabicce Mare in Marche region and in Rome, Lazio region.

La Cassa di Ravenna
La Cassa
Typeunlisted public S.p.A.
ISINIT0001005229
IndustryFinancial services
Founded1840[1]
Headquarters
Ravenna
,
Italy
Decrease (€23 million) (2016)
Total assetsDecrease €6.891 billion (2016)
Total equityDecrease0479 million (2016)
Owner
CR Ravenna Foundation(49.40%)
other shareholders
Subsidiaries
  • Banca di Imola
  • Banco di Lucca e del Tirreno
  • Consultinvest Asset Management
Capital ratioIncrease 11.43% (Group CET1, Dec.2016)
Websitewww.lacassa.com
Footnotes / references
in consolidated financial statement

History

Since the bank reform due to Legge Amato in 1991,[2] the bank was split into a società per azioni and a non-profit banking foundation "Fondazione Cassa di Risparmio di Ravenna".

In 2016, the minority shareholders of subsidiary Argentario, including Assicurazioni Generali (for 13.50%),[3] accepted the plan to sell their shares of Argentario to the bank, for 16.191 shares of Argentario to 1 share of the bank.[4] The bank paid the minority shareholders by treasury shares. The bank owned 98.24% shares of the intermediate holding company, increasing from 82.30%.[5]

Subsidiaries

As of 31 December 2016
  • Banco di Lucca e del Tirreno
  • Italcredi (70.00%)
  • Sorit (76.05%)
  • Banca di Imola
  • Consultinvest Asset Management SGR (Joint venture, 50.00%)
former
  • Argentario (ex-Società Finanziaria di Banche Romagnole)

Former equity interests

See also

References

  1. "Cenni Storici" (in Italian). La Cassa di Ravenna. Retrieved 2 February 2016.
  2. "Approvazione del progetto di ristrutturazione presentato da La Cassa di Ravenna" (in Italian). Italian Republic Official Gazette. 24 January 1992. Retrieved 24 April 2017.
  3. "Management Report and Parent Company Financial Statements Proposal 2014" (PDF). Generali. 7 April 2015. Retrieved 24 April 2017.
  4. "2016 Bilancio consolidato" (PDF) (in Italian). La Cassa di Ravenna. 7 April 2017. Retrieved 24 April 2017.
  5. "2015 BILANCIO CONSOLIDATO" (PDF) (in Italian). La Cassa di Ravenna. 27 April 2016. Retrieved 10 May 2016.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.