Banca_del_Monte_di_Lucca

Banca del Monte di Lucca

Banca del Monte di Lucca

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Banca del Monte di Lucca S.p.A. is an Italian bank. It was related to charity organization Fondazione Banca del Monte di Lucca which they were split in 1990s.

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Bank

The predecessor of the bank, a mount of piety (Italian: monte di pietà), was founded in 1489.[1] The bank was later changed the denomination to Monte di Credito su Pegno di Lucca due to a banking reform, despite the "Monte" reflected the mount of piety root.[citation needed]

Due to another banking reform in 1990s (Legge Amato [it]), the organization was split into a società per azioni and a banking foundation in 1992.[2]

Banca Monte Lucca, and the savings banks of Florence, Livorno, Lucca, Pisa, Pistoia, San Miniato, also formed a loose banking group: Holding Casse Toscane in the same year.[3] In 1996, CR Pisa, Livorno, Lucca and Banca Monte Lucca quit the group and formed Holding Casse del Tirreno.[4] In 1999 the three savings banks were acquired by Banca Popolare di Lodi. In 2000 Banca Carige acquired 51% shares of Banca Monte Lucca S.p.A.. The foundation sold a further 20% in 2013 to Fondazione Cassa di Risparmio di Lucca.

Banking foundation

The former majority owner of the bank, Fondazione Banca del Monte di Lucca (the banking foundation), was a minority owner of Cassa Depositi e Prestiti for 114,348 shares. The foundation also owned 0.1545% of Banca Carige.[5]

The foundation also carried arts exhibition in the United States.[6]


References

  1. "cenni storici" (in Italian). Fondazione Banca del Monte di Lucca. Archived from the original on 3 October 2011. Retrieved 4 February 2016.
  2. Ministry of the Treasury (6 May 1992). "Approvazione del progetto di ristrutturazione presentato dalla Banca del Monte di Lucca". Gazzetta Ufficiale (in Italian). Retrieved 1 August 2018.
  3. Ministry of the Treasury (6 May 1992). "Approvazione del progetto di ristrutturazione presentato dalla Cassa di risparmio di Firenze". Gazzetta Ufficiale (in Italian). Retrieved 1 August 2018.
  4. "La Storia: La Cassa di Risparmio" (in Italian). Fondazione Pisa. Retrieved 5 February 2016.
  5. "Bilancio 2014" (PDF) (in Italian). Fondazione Banca del Monte di Lucca. 15 June 2015. Retrieved 4 February 2016.
  6. "Cucina e arte: da Lucca alla Silicon Valley il piccolo miracolo di una Fondazione". La Repubblica (in Italian). 12 June 2015. Retrieved 4 October 2018.

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