Nuova Carife | |||||
Native name | Nuova Cassa di Risparmio di Ferrara S.p.A. | ||||
Formerly |
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Company type | subsidiary | ||||
Industry | financial services | ||||
Founded | 1838 | ||||
Defunct | 20 November 2017 | ||||
Fate |
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Successor |
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Headquarters | , Italy | ||||
Number of locations | 105 branches[1]: 9 (2016) | ||||
Key people |
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Services | retail and corporate banking | ||||
(€ (2016) 220 million) | |||||
Total assets | €2.630 billion (2016) | ||||
Total equity | (€ (2016) 66 million) | ||||
Owner | BPER Banca (100%) | ||||
Parent | BPER Banca | ||||
Divisions | Banca Modenese | ||||
Subsidiaries |
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Capital ratio | −4.78% (CET1, Dec.2016)[1]: 225 | ||||
Rating | Withdrew rating (Moody's, 7 March 2013)[3] | ||||
Website | www | ||||
Footnotes / references in consolidated financial statement;[1] 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.