La Cassa | |||||
Company type | unlisted public S.p.A. | ||||
ISIN | IT0001005229 | ||||
Industry | Financial services | ||||
Founded | 1840 [1] | ||||
Headquarters | Ravenna , Italy | ||||
(€23 million) (2016) | |||||
Total assets | €6.891 billion (2016) | ||||
Total equity | € 479 million (2016) | ||||
Owner |
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Subsidiaries |
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Capital ratio | 11.43% (Group CET1, Dec.2016) | ||||
Website |
www | ||||
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.
Since the bank reform due to Legge Amato 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]