 Palazzo Magnani, Bologna, seat of Rolo Banca | |
Native name | Rolo Banca 1473 S.p.A. |
|---|---|
| Company type | subsidiary |
| Industry | Financial services |
| Predecessor |
|
| Founded | 1 January 1996 (1996-1-1) |
| Defunct | 30 June 2002 (2002-6-30) |
| Fate | absorbed intoUniCredit |
| Successor | UniCredit Banca |
| Headquarters | Palazzo Magnani, 20 via Zamboni, Bologna ,Italy |
| Owner |
|
| Parent | UniCredit |
| Subsidiaries | |
| Website | www |
Rolo Banca 1473 S.p.A. was an Italian bank based in Bologna, Italy. It was formed by the merger ofCredito Italiano subsidiariesCredito Romagnolo, andCarimonte Banca. The intermediate holding company of the bank wasCredit Carimonte, a 51–49 joint venture of Credito Italiano (after 1998 UniCredit) andCarimonte Holding[1] (itself another joint venture ofFondazione Carimodena andFondazione del Monte di Bologna e Ravenna in 50–50 voting rights and 60–40 share capitals).[2][3]
The predecessor of the bank could be traced back toMount of Piety of Bologna, found 1473, which was merged with Mount of Piety of Ravenna (found 1492) to formBanca del Monte di Bologna e Ravenna in 1966. In 1991Carimonte Banca was formed by the merger of the Banca Monte andCassa di Risparmio di Modena (found 1846). On 1 January 1996 Carimonte was merged withCredito Romagnolo (found 1896), aCredito Italiano subsidiary.[4] Credito Romagnolo Holding, a sub-holding company, was renamed toRolo Banca 1473 S.p.A..
In 1998 Rolo Banca became part ofUniCredito Italiano (UniCredit), after the ultimate parent company was merged withUnicredito. Rolo Banca also absorbedBanca Popolare del Molise,Carimonte Fondiario andRolosim into the company in the same year.[5]
in 1999 Rolo Banca acquired a majority interests inBanca dell'Umbria.
In 2000 Rolo Banca acquired 73.81% shares ofCassa di Risparmio di Carpi.[6]
As at 31 December 2001, Rolo Banca had a shareholders equity of €3.173 billion in a consolidated balance sheet.[7]
On 30 June 2002, Rolo Banca,Banca CRT,Cariverona Banca,Cassamarca,Cassa di Risparmio di Trento e Rovereto,Cassa di Risparmio di Trieste and Credit Carimonte were absorbed intoUniCredit Banca.[8]
