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History

1483 - The 'Monte di Pieta' di Genova', Genoa's public pawnbroking institution

The modern concept of banking developed in Genoa and Tuscany in the 15th century. It was during this period that the Franciscan Beato Angelo da Chivasso founded Genoa's public pawnbroking institution (Monte di Pietà), the historical core of today's Banca Carige Group.

1846 - The Cassa di Risparmio di Genova

A decree by Charles Albert, King of Piedmont-Sardinia brought into existence the Cassa di Risparmio di Genova, which extended the financial basis and services of the Monte di Pietà with the purpose of encouraging and protecting small depositors and their savings. As a driving force of Liguria's economy since the 19th century, the bank expanded its activities in Western Liguria and, in 1967, was named Cassa di Risparmio di Genova e Imperia. As a driving force of Liguria's economy since the 19th century, it expanded into western Liguria and in 1967 took on the name of Cassa di Risparmio di Genova e Imperia.

1991 - Banca Carige

On 1st December 1991 the banking business was separated from the social and public interest activities typically associated with a Cassa di Risparmio. The banking business was therefore transferred to the newly established Banca Carige Spa

1992 - The 'Banca Carige Group'

At the end of the 1980s, Carige established three companies operating in banking-related areas: Columbus Leasing, Columbus Factoring and Columbus Domestic which, in 1992, contributed to the creation of the Banca Carige Multi-functional Group.

1994 - The Universal Bank model

Carige redefined its own organisational model into a "universal bank", operating in the short, medium and long term.

1995 - Listing on the stock exchange

On 17 January 1995, Banca Carige was the first among the former savings banks to be listed on the Milan Stock Exchange.

1997-2004 - The Group's growth

In 1997, after taking over some insurance companies, Carige oversaw their reorganisation. In 2000, Basilese Vita Nuova became Carige Vita Nuova Assicurazioni and, in 2002, the former Levante Norditalia took the name of Carige Assicurazioni.

In the early 1990s, Carige started the strengthening of its market presence, intensified in 2000 through the acquisition of Cassa di Risparmio di Savona Spa and Banca del Monte di Lucca Spa.

Between 2000 and 2002, Carige finalised three different transactions concerning the purchase of a number of branches from other banks: Banco di Sicilia (21), Gruppo Banca Intesa (61) and Gruppo Capitalia (42). The new branches are located in Piedmont, Lombardy, Veneto, Emilia Romagna, Tuscany, Lazio, Marche, Umbria, Puglia and Sicily.

In January 2004, the Group's footprint in Tuscany was further strengthened through the acquisition of Cassa di Risparmio di Carrara Spa. At the end of 2004, Banca Cesare Ponti, a historical private banking institute, joined the Group.

2008-2010 Recent developments

In 2008 two significant acquisitions were completed: 78 branches from Gruppo Intesa Sanpaolo (located in Valle d'Aosta, Piedmont, Lombardy, Veneto and Sardinia) and 40 branches from Gruppo Unicredit (in Lazio, Sicily, Emilia Romagna, Veneto and Umbria).

The most recent growth in size took place in 2010 (22 branches were acquired from Banca Monte dei Paschi di Siena).

2013 Banca Carige Italia was born

Banca Carige Italia brings together the Carige's branches located outside Liguria (353).

2015 - 2016 - Towards a One Bank model

In 2015, the Bank begins its gradual evolution towards a One Bank model, as defined in the 2015-2019 Business Plan, by incorporating Cassa di Risparmio di Savona e Cassa di Risparmio di Carrara into the Parent Company Banca Carige. With effect from 19 December 2016, also Banca Carige Italia was incorporated into Banca Carige.