Cassa di Risparmio di Ferrara

Overview

Nuova Cassa di Risparmio di Ferrara

native name	Nuova Cassa di Risparmio di Ferrara S.p.A.
native name lang	it
trade name	Nuova Carife
former name	Cassa di Risparmio di Ferrara Cassa di Risparmio di Ferrara S.p.A.
type	subsidiary
foundation	1838
defunct	2017-11-20
fate	foundation and banking activities were split in 1991; was nationalized in 2015; was acquired and became branches of BPER Banca in 2017
hq location city	Ferrara
hq location country	Italy
num locations	105 branches
num locations year	2016
industry	financial services
services	retail and corporate banking
net income year	2016
assets	€2.630 billion
assets year	2016
equity year	2016
subsid	Banca Farnese Carife SIM Carife Servizi Evolutivi Integrati
divisions	Banca Modenese
parent	BPER Banca
owner	BPER Banca (100%)
ratio	−4.78% (CET1, Dec.2016)
rating	Withdrew rating (Moody's, 7 March 2013)‡R2R‡
homepage	http://www.carife.it
footnotes	in consolidated financial statement;‡R3R‡ based on last available data

Nuova Cassa di Risparmio di Ferrara S.p.A., known as Nuova Carife [New Carife] in short, was an Italian bank, based in Ferrara, Emilia-Romagna. Nuova Carife was founded on 22 November 2015 as a good bank that spin off from the original Cassa di Risparmio di Ferrara S.p.A. (Carife).[4] The old Carife was under administration from 2013 and 2015, and now being liquidated as a bad bank. Nevertheless, Nuova Carife was a short-lived bank, which was acquired by BPER Banca in 2017 from Italian Resolution Fund, becoming branches of the banking group in the same year. The former majority shareholder and the old legal person of the bank, Fondazione Cassa di Risparmio di Ferrara (Fondazione Carife), survived as a charity organization.

History