Cardine Banca S.p.A. was an Italian banking group that operated between 2000 and 2002. It was acquired by Sanpaolo IMI, a banking and insurance conglomerate.
History The bank was founded in 2000 by the merger of Casse Emiliano Romagnole and Casse Venete Banca. On 1 June 2002 the group was acquired by Sanpaolo IMI in an all shares deal.
In 2000 Banca Agricola di Gorizia was sold to Banca Popolare di Cividale.
In 2002, the European Investment Bank advanced a €200.37 million loan to the banking group, as part of a subsidized loan to small and medium-sized enterprises and small and medium-sized infrastructure projects.
Subsidiaries product company Cardine Leasing Finemiro Leasing Cardine Fiduciaria retail banks Banca Agricola di Cerea Banca Popolare dell'Adriatico Cassa di Risparmio di Gorizia Cassa di Risparmio di Padova e Rovigo (Cariparo) Cassa di Risparmio di Udine e Pordenone (CRUP) Cassa di Risparmio di Venezia Cassa di Risparmio in Bologna (Carisbo) Finemiro Banca FarBanca West Bank S.A.
See also List of banks in Italy
References