La Cassa | |||||
unlisted public S.p.A. | |||||
ISIN | IT0001005229 | ||||
Industry | Financial services | ||||
Founded | 1840 | ||||
Headquarters | Ravenna, Italy | ||||
Profit | (€ (2016) 23 million) | ||||
Total assets | €6.891 billion (2016) | ||||
Total equity | € | 479 million (2016)||||
Owner |
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Subsidiaries | |||||
Capital ratio | 11.43% (Group CET1, Dec.2016) | ||||
Website | lacassa.com | ||||
Footnotes / references in consolidated financial statement |
Cassa di Risparmio di Ravenna S.p.A. is an Italian saving bank. The bank was based in Ravenna, Emilia-Romagna region. The bank also has branches in Ancona and Gabicce Mare in Marche region and in Rome, Lazio region.
Since the bank reform in 1991, the bank was split into a società per azioni and a non-profit banking foundation "Fondazione Cassa di Risparmio di Ravenna".
In 2016, the minority shareholders of subsidiary Argentario, including Assicurazioni Generali (for 13.50%), accepted the plan to sell their shares of Argentario to the bank, for 16.191 shares of Argentario to 1 share of the bank. The bank paid the minority shareholders by treasury shares. The bank owned 98.24% shares of the intermediate holding company, increasing from 82.30%.