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Cassa di Risparmio di Fossano

CR Fossano
Native name
Cassa di Risparmio di Fossano S.p.A.
Società per Azioni
Industry Financial services
Founded 1905
Headquarters Fossano, Italy
Services Retail banking
Decrease €6,275,222 (2015)
Total assets Increase €1,986,706,904 (2015)
Total equity Decrease €121,776,950 (2015)
Owner
  • Fondazione CR Fossano (76.92%)
  • BPER (23.077%)
Capital ratio 9.70% (CET1)
Website www.crfossano.it
Footnotes / references
source

Cassa di Risparmio di Fossano is an Italian saving bank based in Fossano, in the Province of Cuneo, Piedmont.

Monte di Pietà di Fossano was found in 1591. In 1905 the bank was formed by the mount of piety. Since the bank reforms in 1991, the bank was split into a società per azioni and a non-profit banking foundation.Cassa di Risparmio di Torino (Banca CRT) once became a minority shareholders of the bank. However its successor, UniCredit, sold their possession on Fossano (23.077%), Bra (31.021%), Saluzzo (31.019%) and Savigliano (31.006%) to Banca Popolare dell'Emilia Romagna for about €149 million in 2006. (which BPER paid €36.898 million for CR Fossano's shares)



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