Native name
|
Cardine Banca S.p.A. |
---|---|
private 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 |
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.
In 2000 Banca Agricola di Gorizia was sold to Banca Popolare di Cividale.
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.