Cassa di Risparmio di Alessandria
Cassa di Risparmio di Alessandria was an Italian regional bank based in Alessandria, Piedmont. It was absorbed into the parent company Banca Popolare di Milano in 2012. The former owner of the bank, Fondazione Cassa di Risparmio di Alessandria, still operates as a charity organization. History. Founded on 21 August 1838, at that time still in Kingdom of Sardinia. The daily banking operation and ownership were split into a società per azioni and Fondazione Cassa di Risparmio di Alessandria in 1991. Istituto Mobiliare Italiano also subscribed the capital increase of the bank for 23 billion  lire (15.330 billion lire increase in share capital), owning 11.33% stake after the deal. In 1995, the bank was merged with the saving banks () from Spezia and Carrara to form "Carinord Holding" (acronym of "Ca.Ri." North), which the former owners of the banks (the foundations) as well as Cassa di Risparmio delle Provincie Lombarde (Cariplo) were the new shareholders of the holding company, despite the three banks remains as separate subsidiaries. In 2002 CR Alessandria was break away from the union, which Foundation CR Alessandria and Cariplo were the major shareholders of the bank (80%) through "Carinord 1 SpA