Cassa di Risparmio di Pisa
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Native name
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Cassa di Risparmio di Pisa S.p.A. |
|---|---|
| Società per Azioni | |
| Industry | Financial services |
| Fate | merged into CR Lucca Pisa Livorno |
| Successor | |
| Founded | 15 June 1834 7 April 1992 (S.p.A.) |
| Defunct | 30 June 2006 (S.p.A.) |
| Headquarters | Pisa, Italy |
| Owner | Banca Popolare di Lodi (indirect) |
| Parent | Cassa di Risparmio di Lucca (100%) |
Cassa di Risparmio di Pisa is a former Italian saving bank and charity organization, based in Pisa, Tuscany. The bank was spin off into a banking foundation and a Società per Azioni in 1992.
The S.p.A. was acquired by Banca Popolare di Lodi, which was completely absorbed into its subsidiary the saving bank of Lucca in 2006. While the banking foundation, Ente Cassa di Risparmio di Pisa and then Fondazione Cassa di Risparmio di Pisa (currently Fondazione Pisa), still operates as a non-profit organization. The foundation also inherited the arts collection of the former bank.
Cassa di Risparmio di Pisa was formed on 15 June 1834.
Due to Legge Amato, the bank was split into an ente and a società per azioni on 7 April 1992 (gazetted on 6 May). About 13.05% shares of the new company were non-voting saving shares (Italian: Azione di risparmio). The ente immediately sold about 70% shares to Casse Toscane (and received 11.5% shares of Casse Toscane), a new intermediate holding company for the saving bank (Italian: Cassa di Risparmio) of Pisa, Florence, Livorno, Lucca, Pistoia–Pescia, San Miniato and Banca del Monte di Lucca. The ente only hold about 16.95% voting rights of the bank directly or about 25% combined (excluding the saving shares).
In 1995, CR Pisa, Livorno, Lucca and Banca Monte Lucca quit the union and formed Holding Casse del Tirreno (literally Tyrrhenian saving banks).
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