Casse del Tirreno
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Native name
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Cassa di Risparmio di Lucca Pisa Livorno |
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| Predecessor | Cassa di Risparmio di Lucca Cassa di Risparmio di Pisa Cassa di Risparmi di Livorno |
| Founded | 1835 (Lucca) 2006 (merger) |
| Headquarters | Lucca, Italy |
| Owner | Banco Popolare |
| Parent | Banco Popolare |
| Website | Official website |
Cassa di Risparmio di Lucca Pisa e Livorno was an Italian saving bank based in Lucca. It was a subsidiary of Banco Popolare and currently a sub-division (under BPL) and brand of the group.
Cassa di Risparmio di Lucca was found in the Duchy of Lucca on 9 July 1835. Due to Legge Amato, a S.p.A. that runs bank activity, and a banking foundation that runs charity activities, were formed on 7 April 1992 (gazetted on 29 April). The foundation immediately sold about 51% shares to an intermediate holding company Holding Casse Toscane (literally Tuscan saving banks), which also consist of the saving bank (Italian: Cassa di Risparmio) of Florence, Livorno, Pisa, Pistoia, San Miniato as well as Banca del Monte di Lucca. CR Lucca received about 18% shares of the holding, making the foundation hold about 49% shares of their own bank directly, or about 58.18% directly.
In 1995, CR Pisa, Livorno, Lucca and Banca Monte Lucca quit the union and formed Holding Casse del Tirreno (literally Tyrrhenian saving banks).
In 1999 the three saving banks became part of Banca Popolare di Lodi, with the foundation of CR Lucca retained 49.66% shares. In 2000s, Banca Popolare di Lodi started the internal reorganization of ownership structure (In 2000 Casse del Tirreno was a subsidiary of Istituto di Credito delle Casse di Risparmio Italiane (ICCRI), which in turn a subsidiary of Bipielle Partecipazioni, a subsidiary of Banca Popolare di Lodi; in 2001 Casse del Tirreno was absorbed into ICCRI; in 2002 Bipielle Retail became the new intermediate holding company; in 2003 Pisa and Livorno started to become a subsidiary of Lucca, while Lucca was a subsidiary of Reti Bancarie) In 2005 Pisa and Livorno were whole owned subsidiaries of Lucca, while Lucca was a subsidiary of Banca Popolare di Lodi through direct (20.93%) and indirect ownership (BPL owned 73.52% shares of Reti Bancarie; Reti Bancarie owned 46.28% shares of Lucca).
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Wikipedia