Cardine Banca
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Native name
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Cardine Banca S.p.A. |
|---|---|
| Società per Azioni | |
| Industry | Financial services |
| Predecessor | |
| Founded | 2000 |
| Defunct | 2002 |
| Headquarters | Palazzo di Residenza, 22 via Farini, Bologna, Italy |
| Profit |  €185.473 million (2001) |
| Total assets |  €43.062 billion (2001) |
| Total equity | €3.502 billion (2001) |
| Footnotes / references in consolidated basis[1] |
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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 a all shares deal.[2]
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]
Subsidiaries
- product company
- Cardine Leasing
- Finemiro Leasing
- Cardine Fiduciaria
- retail banks
- As of 31 December 2001
- Fondazione Cariparo (40.22%)
- Fondazione Carisbo (28.61%)
- Sanpaolo IMI (10.81%)
- Fondazione CRUP (5.08%)
- Unipol (1.80%)
- Generali (1.48%)
- Fincardine (treasury shares) (0.44%)
- Fondazione Cassa di Risparmio di Carpi (0.41%)
- others (8.84%)
References
- ↑ 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)
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