Cassa di Risparmio della Provincia dell'Aquila
| Carispaq | |
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Formerly called
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Cassa di Risparmio dell'Aquila |
| subsidiary of a listed company | |
| Industry | Financial services |
| Fate | absorbed into parent company |
| Successor |
|
| Founded |
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| Defunct | 2013 |
| Headquarters | 48 Corso Vittorio Emanuele II, L'Aquila, Italy |
| Services | Retail banking |
| Owner | Banca Popolare dell'Emilia Romagna |
| Parent | Banca Popolare dell'Emilia Romagna |
| Website | Official website |
Cassa di Risparmio della Provincia dell'Aquila (Carispaq) was an Italian regional saving bank, based in L'Aquila, Abruzzo region. The bank was absorbed into parent company Banca Popolare dell'Emilia Romagna in 2013.
Fondazione Cassa di Risparmio della Provincia dell'Aquila, the parent organization that the bank was spin off from in 1992, still operates as a charity organization.
Cassa di Risparmio dell'Aquila was found in 1859 in the Kingdom of the Two Sicilies. However, the bank was opened in 1862, the year after the unification of Italy. The bank was renamed into Cassa di Risparmio della Provincia dell'Aquila (Carispaq) in 1955.
Due to Legge Amato, the organization was split into Cassa di Risparmio della Provincia dell'Aquila S.p.A. (limited company) and Fondazione Cassa di Risparmio della Provincia dell'Aquila (banking foundation) on 20 August (gazetted on 3 September).Banca di Roma also subscribed the capital increase of 63 billion lire, for 20% shares. In 1998 the minority interests was acquired by La Fondiaria Assicurazioni.
In 1999–2000 Finbanche d'Abruzzo S.p.A. became the sub-holding company of Carispaq S.p.A. (for 82.5%), which was a joint venture of Banca Popolare dell'Emilia Romagna (51.878%), La Fondiaria Assicurazioni (15.4%) and the banking foundation (32.72%); the sub-holding also owned 48.142% shares of Banca Popolare di Lanciano e Sulmona (previously controlled by BPER directly). The foundation retained 17.5% shares of Carispaq directly. In 2004 Fondiaria-Sai sold 15.4% Finbanche d'Abruzzo and 4.5% shares of Banca della Campania to BPER. In December 2004 both Finbanche d'Abruzzo and Carispaq proposed a capital increases, making the foundation hold 25.991% shares of Finbanche d'Abruzzo, as well as maintaining 17.5% direct ownership on Carispaq .
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Wikipedia