Cardine Banca

Cardine Banca S.p.A. was an Italian banking group found in 2000 by the merger of Casse Emiliano Romagnole and Casse Venete Banca. On 1 June 2002 the group was acquired by Sanpaolo IMI in an all shares deal.[2]

Cardine Banca
Native name
Cardine Banca S.p.A.
Typeprivate Società per Azioni
IndustryFinancial services
Predecessor
Founded2000
Defunct2002
HeadquartersPalazzo di Residenza, 22 via Farini,
Bologna
,
Italy
Decrease €185.473 million (2001)
Total assetsIncrease €43.062 billion (2001)
Total equityIncrease €3.502 billion (2001)
Footnotes / references
in consolidated basis[1]

In 2000 Banca Agricola di Gorizia was sold to Banca Popolare di Cividale.[3]

In 2002 European Investment Bank advanced a €200.37 million loan to the banking group, as part of a subsidized loan to small and medium-sized enterprises and small and medium-sized infrastructure projects.[4]

SubsidiariesEdit

ShareholdersEdit

As of 31 December 2001
  1. Fondazione Cariparo (40.22%)
  2. Fondazione Carisbo (28.61%)
  3. Sanpaolo IMI (10.81%)
  4. Fondazione CRUP (5.08%)
  5. Unipol (1.80%)
  6. Generali (1.48%)
  7. Fincardine (treasury shares) (0.44%)
  8. Fondazione Cassa di Risparmio di Carpi (0.41%)
  9. others (8.84%)

ReferencesEdit

  1. ^ Cardine Banca S.p.A. bilancio (financial report and accounts) on 31 December 2001, PDF purchased from Italian C.C.I.A.A. (in Italian)
  2. ^ "2002 Annual Report" (PDF). Sanpaolo IMI. 19 June 2003. Retrieved 21 April 2016.
  3. ^ "Offerta pubblica di acquisto e di scambio su azioni ordinarie della Banca Agricola di Gorizia" (PDF). Banca Popolare di Cividale (in Italian). CONSOB archive. 2000. Archived from the original (PDF) on 3 April 2015.
  4. ^ "EIB: eur 237 mln to Cardine Banca for Italy's SMEs and small and medium-sized infrastructure projects". European Investment Bank. 28 May 2002. Retrieved 21 April 2016.