La Cassa di Ravenna

La Cassa di Ravenna

Trade name	La Cassa
Company type	unlisted public S.p.A.
ISIN	IT0001005229
Industry	Financial services
Founded	1840[1]
Headquarters	Ravenna , Italy
Net income	(€23 million) (2016)
Total assets	€6.891 billion (2016)
Total equity	€0479 million (2016)
Owner	CR Ravenna Foundation (49.40%) other shareholders
Subsidiaries	Banca di Imola Banco di Lucca e del Tirreno Consultinvest Asset Management
Capital ratio	11.43% (Group CET1, Dec.2016)
Website	www.lacassa.com
Footnotes / references in consolidated financial statement

La Cassa di Ravenna S.p.A., formerly Cassa di Risparmio di Ravenna S.p.A. and Cassa di Risparmio di Ravenna, is an Italian savings bank based in Ravenna, Emilia-Romagna. The bank also has branches in Ancona, Gabicce Mare and Rome.

History

Since the bank reform due to Legge Amato [it] in 1991,[2] 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%),[3] accepted the plan to sell their shares of Argentario to the bank, for 16.191 shares of Argentario to 1 share of the bank.[4] The bank paid the minority shareholders by treasury shares. The bank owned 98.24% shares of the intermediate holding company, increasing from 82.30%.[5]

Subsidiaries

As of 31 December 2016

• Banco di Lucca e del Tirreno
• Italcredi (70.00%)
• Sorit (76.05%)
• Banca di Imola
• Consultinvest Asset Management SGR (Joint venture, 50.00%)

former

• Argentario (ex-Società Finanziaria di Banche Romagnole)

Former equity interests

• Cassa di Risparmio di Saluzzo (2%)

See also

• Cassa di Risparmio di Cesena - another bank from Romagna region
  • Banca di Romagna
• Cassa dei Risparmi di Forlì e della Romagna - another bank from Romagna region
• Banca Carim - another bank from Romagna region

References

1. "Cenni Storici" (in Italian). La Cassa di Ravenna. Retrieved 2 February 2016.
2. "Approvazione del progetto di ristrutturazione presentato da La Cassa di Ravenna" (in Italian). Italian Republic Official Gazette. 24 January 1992. Retrieved 24 April 2017.
3. "Management Report and Parent Company Financial Statements Proposal 2014" (PDF). Generali. 7 April 2015. Retrieved 24 April 2017.
4. "2016 Bilancio consolidato" (PDF) (in Italian). La Cassa di Ravenna. 7 April 2017. Retrieved 24 April 2017.
5. "2015 BILANCIO CONSOLIDATO" (PDF) (in Italian). La Cassa di Ravenna. 27 April 2016. Retrieved 10 May 2016.

External links

• Official website