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.

Cassa di Risparmio di Bra

Trade name	CR Bra
Company type	subsidiary of a listed company
Founded	1763 (Mount of Piety)[1] 7 July 1842 (1842-07-07)[2]
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%)[3] Fondazione CRB (15,714%)
Capital ratio	7.47% (Tier 1)[4]
Website	www.crbra.it

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).^[5] Cassa di Risparmio di Torino (Banca CRT) once became a minority shareholders of the bank.^[6] 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)^[7] 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.^[8]

See also

• Banks portal

• Cassa di Risparmio di Cuneo