Banca Carime
| Subsidiary (Società per azioni) | |
| Industry | Financial services |
| Founded |
1998 1861 (Carical) 1949 (Caripuglia) 1956 (Carisal) |
| Headquarters | Cosenza, Calabria, Italy |
| Products | Retail banking |
| Revenue |
 €307 million (2014)[1] |
|
€61.1 million (2014)[1] | |
| Profit |
(€467 million) (2014)[1] |
| Total assets |
€7.27 billion (2014)[1] |
| Total equity |
€1.074 billion (2014)[1] |
| Owner |
UBI Banca (99.9868%)[1] others (0.0132%)[1] |
Number of employees |
1935 (2014)[1] |
| Parent | UBI Banca |
| Website | https://www.ubibanca.com/carime |
Banca Carime SpA is an Italian regional bank in Southern Italy. The bank is a subsidiary of UBI Banca. As of 31 December 2014, the bank had 216 branches, serving Calabria (84 branches), Apulia (93 branches), Campania (where Salerno located; 20 branches) and Basilicata (19 branches).
History
The bank was formed by the union of the saving banks (Italian: Cassa di Risparmio) of Calabria (Carical, found 1861[2]), Apulia (Caripuglia, found 1949),[3] and Salerno (Carisal, found 1956) by Cariplo. In 1996, Cariplo held 80% shares of Carisal and 63.71% shares of Caripuglia directly, as well as around 60% shares of Carical through direct ownership and through Fincarime, Caripuglia and Carisal.[4] In 1997, Fincarime was renamed to Banca Carime SpA with Cariplo SpA owned 98.70% shares directly and indirectly, as well as Cariplo reached 100% ownership for Carisal, 96.05% for Caripuglia and Carical 99.88%. The three local banks were started to merged into one subsidiary Banca Carime on 1 January 1998.
Right after Cariplo merged with Banco Ambrosiano Veneto to form Banca Intesa on 2 January 1998, Caripuglia ceased to be existed that year,[5] followed by Carisal and Carical in 1999.
However on 29 June 2001, Banca Intesa sold Banca Carime to Banca Popolare Commercio e Industria, with Intesa retained 24.92% only. In 2002 Intesa sold the minority interests to Deutsche Bank, with a warrants issued by the German bank to BPCI to buy Carime at the same price, which the contract would last until 2006.[6] On 1 July 2003 Carime followed BPCI to become a member of Banche Popolari Unite (BPU). BPU also excised the warrants in 2005.[7]
On 1 April 2007 Carime became a member of UBI Banca due to another merger. At the same year Carime also sold 15 branches to Banca Popolare Pugliese, effective on 1 May.[8]
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 2014 bilancio Banca Carime (Italian)
- ↑ "Banca Carime > Chi siamo > Storia". Banca Carime (in Italian). UBI Banca. Retrieved 24 March 2015.
- ↑ Saldutti, Nicola (4 March 1994). "CARIPLO conquista CARIPUGLIA". Corriere della Sera (in Italian). Retrieved 24 March 2015.
- ↑ 1996 Consolidation Accounts of Cariplo SpA (Italian), PDF purchased from Italian CCIAA
- ↑ "Relazione sulla gestione, consolidata bilancio Banca Intesa 1998" (PDF) (in Italian). Banca Intesa. 5 May 1999. Retrieved 24 March 2015.
- ↑ "A Deutsche Bank il 24% di Banca Carime". La Repubblica (in Italian). 7 October 2002. Retrieved 24 March 2015.
- ↑ "Tutta Banca Carime in Bpu già dal 2005". L'Eco di Bergamo (in Italian) (Sesaab). 2 December 2004. Retrieved 24 March 2015.
- ↑ 2007 bilancio (Italian)
External links
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