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Cassa di Risparmio di Rovigo

Cassa di Risparmio del Veneto
CR Veneto
Formerly called
Cassa di Risparmio di Padova e Rovigo
  • subsidiary of a listed company
  • incorporated as a S.p.A.
Industry Financial services
Predecessor
  • Cassa di Risparmio di Padova
  • Cassa di Risparmio di Rovigo
Successor
Founded
  • 1822 in Padua
  • 1928 (merged with CR Rovigo)
  • 1992 (as a S.p.A.)
Headquarters Padua, Italy
Number of locations
Decrease 302 branches (2016)
Area served
Venteo region of Italy
Key people
Gilberto Muraro (chairman)
Renzo Simonato (general manager)
Services
  • retail banking
  • corporate banking
Profit Decrease00021 million (2016)
Total assets Increase €16.694 billion (2016)
Total equity Increase01.311 billion (2016)
Owner Intesa Sanpaolo (100%)
Number of employees
Decrease 3,354 (2016)
Parent Intesa Sanpaolo
Capital ratio Increase 20.66% (CET1)
Rating N/A (Moody's)
Website www.crveneto.it
Footnotes / references
source: 2016 Report for the situation at 31 December 2016

Cassa di Risparmio del Veneto, known as CR Veneto, is an Italian savings bank, headquartered in Padua, Veneto (Italian: Padova). It is a subsidiary of Intesa Sanpaolo.

The bank was one of the oldest savings bank of Italy, which in 1822 the government of Kingdom of Lombardy–Venetia introduced savings bank to Venice, Padua, Rovigo and other provincial capitals (such as Vicenza and Treviso). In 1928 the savings banks of Padua and Rovigo was merged to form Cassa di Risparmio di Padova e Rovigo (Cariparo), due to a law enacted in December 1927 (converted a decree-law published in March 1927 into law). Before the enactment, Federazione delle Casse di Risparmio di Padova e Rovigo was formed circa March 1927.

In 1992, due to Legge Amato (), the bank was split into Fondazione Cariparo and Cassa di Risparmio di Padova e Rovigo S.p.A..

As opposed to the Savings Bank of Verona, Vicenza, Belluno and Ancona being merged with Treviso to form Unicredito, the owner of the Savings Bank of Padova & Rovigo, Venice, Gorizia, Udine & Pordenone and Banca Agricola di Cerea formed a single holding company Casse Venete Banca, although the subsidiaries still operated as separate entity, in 1994.

In 2000, Carive followed the parent company to merge with Casse Emiliano Romagnole Group to form Cardine Banca Group.


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