Cassa di Risparmio di Bra
Cassa di Risparmio di Bra is an Italian regional bank. The bank was based in Bra, in the Province of Cuneo, Piedmont.
Trade name | CR Bra |
|---|---|
| Company type | subsidiary of a listed company |
| Founded | 1763 (Mount of Piety) 7 July 1842 |
| Headquarters | Bra , Italy |
Net income | (€9,917,520) (2014) |
| Total assets | €1,443,372,657 (2014) |
| Total equity | €66,750,151 (2014) |
| Owner | BPER Banca (84,286%) Fondazione CRB (15,714%) |
| Capital ratio | 7.47% (Tier 1) |
| Website | www |
Due to Legge Amato, the bank was split into a società per azioni and a non-profit banking foundation on 20 December 1991 (gazetted on 18 January 1992). Cassa di Risparmio di Torino (Banca CRT) once became a minority shareholders of the bank. However its successor, UniCredit sold their possession on Bra (31.021%), Fossano (23.077%), Saluzzo (31.019%) and Savigliano (31.006%) to Banca Popolare dell'Emilia Romagna for about €149 million in 2006. (which BPER paid €32.827 million for CR Bra's shares) In February 2013, BPER acquired an additional 35.98% shares from the foundation for around €23.9 million. After the deal BPER owned 67% shares.