Cassa di Risparmio di Bra History and Evolution

Cassa di Risparmio di Bra has a rich history that dates back to 1856, when it was founded as a savings bank in Bra, Italy.

The bank's early years were marked by a focus on serving the local community, with the goal of promoting thriftiness and economic development in the region.

One of the bank's earliest achievements was the establishment of a network of branches and agencies, which allowed it to reach a wider customer base and provide financial services to a broader range of people.

This expansion helped to cement the bank's position as a leading financial institution in the region, and it continued to grow and evolve over the years.

Expand your knowledge: Central Bank of Italy

Bper Banca has approved the project of incorporation of Cassa di Risparmio di Saluzzo and Cassa di Risparmio di Bra.

The incorporation of these two banks into Bper Banca is a significant operation that completes the integration plan of the past few years.

Related reading: Cassa Di Risparmio Di Biella E Vercelli

Alessandro Vandelli, the CEO of Bper Banca, has stated that this incorporation is an important step in the bank's development.

The incorporation of Cassa di Risparmio di Bra and Cassa di Risparmio di Saluzzo will result in Bper Banca having around 1000 branches.

Bper Banca will now control the Banco di Sardegna, which has a strong presence in Sardinia.

The Banco di Sardegna has around 330 branches in the region.

Bper Banca's history in Piemonte dates back to 2006, when it acquired minority stakes in some local banks.

Over the years, Bper Banca has increased its stakes in these banks, eventually becoming the majority shareholder.

The incorporation of Cassa di Risparmio di Saluzzo was completed, with Bper Banca now owning 100% of the bank.

The incorporation of Cassa di Risparmio di Bra and Cassa di Risparmio di Saluzzo will result in a more efficient and coordinated presence in the region.

A new regional direction will be established in Piemonte, which will oversee the operations of the three banks.

This new direction will be responsible for coordinating the activities of the banks in the region.

For more insights, see: List of Banks in Italy

The incorporation of the two banks will allow Bper Banca to better serve the communities in Piemonte.

The bank's CEO, Alessandro Vandelli, has emphasized the importance of the bank's relationship with the local communities.

The bank's DNA is centered around serving the local communities, and this will continue to be the case in Piemonte.