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Wikipedia

Banca Regionale Europea

Banca Regionale Europea was an Italian bank based in Cuneo, Piedmont. The bank was a merger of Cassa di Risparmio di Cuneo and Banca del Monte di Lombardia in 1995.

Banca Regionale Europea
Native name
Banca Regionale Europea S.p.A.
Company typeSubsidiary
IndustryFinancial services
Predecessor
Founded1995
DefunctNovember 2016
Fateabsorbed by UBI Banca
Headquarters
Cuneo
,
Italy
Area served
Piedmont, Aosta Valley, Liguria, Lombardy and Tuscany
€949,504 (2014)
Total assets €9,448,281,446 (2014)
Total equity €1,295,542,971 (2014)
Owner
ParentUBI Banca
Capital ratio18.80% (Tier 1)[1]

History edit

In 2000, the bank joined Group Banca Lombarda e Piemontese. Banca Lombarda held 50.11% shares of BRE at that time, as well as sold all the shares it held at Banca Cassa di Risparmio di Tortona (60%; a bank based in Piedmont), to BRE. In 2006 Banca CR Tortona, was merged into Banca Regionale Europea, as well as Banco di San Giorgio in 2012. The bank also followed the holding company to join UBI Banca Group in 2007 (a merger with Banche Popolari Unite). As of 31 December 2014, out of 1560 branches of UBI Banca, 13% were Banca Regionale Europea (208), behind former sister companies of Group Banca Lombarda, Banco di Brescia 288, and former Banche Popolari Unite companies Banca Popolare di Bergamo (351), Banca Carime (216); as well as tied with Banca Popolare di Ancona (208).

As of 31 December 2014, the former owner of CR Cuneo, CR Cuneo Foundation, still held 24.90% of the shares of Banca Regionale Europea.[2] In 2010 UBI Banca exchanged the shares of Banca Popolare Commercio e Industria and Banca Regionale Europea with the former owner of Banca del Monte di Lombardia. That year UBI Banca reached an ownership ratio of 74.9437%.[3]

As part of the new business plan of the banking group, Banca Regionale Europea was absorbed into the parent company in November 2016.

Sponsorship edit

The bank was a sponsor of A.S.D. Cuneo Calcio Femminile.[4]

References edit

  1. ^ "RELAZIONI E BILANCIO al 31 DICEMBRE 2014" (PDF) (in Italian). Banca Regionale Europea. 19 February 2015. Retrieved 3 February 2016.
  2. ^ "Documents" (PDF). www.fondazionecrc.it. Retrieved 2021-05-07.
  3. ^ "Data" (PDF). www.ubibanca.it. Retrieved 2021-05-07.
  4. ^ "IL CUNEO RINGRAZIA GLI SPONSOR" (Press release) (in Italian). A.S.D. Cuneo Calcio Femminile. 29 May 2016. Retrieved 12 August 2017.

banca, regionale, europea, italian, bank, based, cuneo, piedmont, bank, merger, cassa, risparmio, cuneo, banca, monte, lombardia, 1995, native, name, company, typesubsidiaryindustryfinancial, servicespredecessorcassa, risparmio, cuneobanca, monte, lombardiafou. Banca Regionale Europea was an Italian bank based in Cuneo Piedmont The bank was a merger of Cassa di Risparmio di Cuneo and Banca del Monte di Lombardia in 1995 Banca Regionale EuropeaNative nameBanca Regionale Europea S p A Company typeSubsidiaryIndustryFinancial servicesPredecessorCassa di Risparmio di CuneoBanca del Monte di LombardiaFounded1995DefunctNovember 2016Fateabsorbed by UBI BancaHeadquartersCuneo ItalyArea servedPiedmont Aosta Valley Liguria Lombardy and TuscanyNet income 949 504 2014 Total assets 9 448 281 446 2014 Total equity 1 295 542 971 2014 OwnerUBI Banca 74 76 CR Cuneo Foundation 24 90 ParentUBI BancaCapital ratio18 80 Tier 1 1 History editIn 2000 the bank joined Group Banca Lombarda e Piemontese Banca Lombarda held 50 11 shares of BRE at that time as well as sold all the shares it held at Banca Cassa di Risparmio di Tortona 60 a bank based in Piedmont to BRE In 2006 Banca CR Tortona was merged into Banca Regionale Europea as well as Banco di San Giorgio in 2012 The bank also followed the holding company to join UBI Banca Group in 2007 a merger with Banche Popolari Unite As of 31 December 2014 out of 1560 branches of UBI Banca 13 were Banca Regionale Europea 208 behind former sister companies of Group Banca Lombarda Banco di Brescia 288 and former Banche Popolari Unite companies Banca Popolare di Bergamo 351 Banca Carime 216 as well as tied with Banca Popolare di Ancona 208 As of 31 December 2014 the former owner of CR Cuneo CR Cuneo Foundation still held 24 90 of the shares of Banca Regionale Europea 2 In 2010 UBI Banca exchanged the shares of Banca Popolare Commercio e Industria and Banca Regionale Europea with the former owner of Banca del Monte di Lombardia That year UBI Banca reached an ownership ratio of 74 9437 3 As part of the new business plan of the banking group Banca Regionale Europea was absorbed into the parent company in November 2016 Sponsorship editThe bank was a sponsor of A S D Cuneo Calcio Femminile 4 References edit RELAZIONI E BILANCIO al 31 DICEMBRE 2014 PDF in Italian Banca Regionale Europea 19 February 2015 Retrieved 3 February 2016 Documents PDF www fondazionecrc it Retrieved 2021 05 07 Data PDF www ubibanca it Retrieved 2021 05 07 IL CUNEO RINGRAZIA GLI SPONSOR Press release in Italian A S D Cuneo Calcio Femminile 29 May 2016 Retrieved 12 August 2017 Portal nbsp Banks Retrieved from https en wikipedia org w index php title Banca Regionale Europea amp oldid 1159385341, wikipedia, wiki, book, books, library,

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