Cardine Banca
From Wikipedia, the free encyclopedia
Native name
Cardine Banca S.p.A.Company typeprivate Società per Azioni
IndustryFinancial services
Predecessor
Native name | Cardine Banca S.p.A. |
|---|---|
| Company type | private Società per Azioni |
| Industry | Financial services |
| Predecessor | |
| Founded | 2000 |
| Defunct | 2002 |
| Fate | Acquired by Sanpaolo IMI |
| Headquarters | Palazzo di Residenza, 22 via Farini, Bologna , Italy |
 €185.473 million (2001) | |
| Total assets |  €43.062 billion (2001) |
| Total equity | €3.502 billion (2001) |
| Footnotes / references in consolidated basis[1] | |
Cardine Banca S.p.A. was an Italian banking group that operated between 2000 and 2002. It was acquired by Sanpaolo IMI an banking and insurance conglomerate.
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.[2]
In 2000 Banca Agricola di Gorizia was sold to Banca Popolare di Cividale.[3]
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.[4]
