La Cassa di Ravenna

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.

History
Since the bank reform due to Legge Amato in 1991, 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%), accepted the plan to sell their shares of Argentario to the bank, for 16.191 shares of Argentario to 1 share of the bank. The bank paid the minority shareholders by treasury shares. The bank owned 98.24% shares of the intermediate holding company, increasing from 82.30%.

Subsidiaries

 * Banco di Lucca e del Tirreno
 * Italcredi (70.00%)
 * Sorit (76.05%)
 * Banca di Imola
 * Consultinvest Asset Management SGR (Joint venture, 50.00%)
 * former
 * Argentario (ex-Società Finanziaria di Banche Romagnole)

Former equity interests

 * Cassa di Risparmio di Saluzzo (2%)