• Cassa di Risparmio di Firenze was formed in 1829 on the initiative of several of the most brilliant figures in Florentine society and its economic community who set the objective of funding a bank to promote the idea that saving was a valuable attribute.
  • Since that time Cassa di Risparmio di Firenze has always played an important role in the development of Florence and Tuscany, also supporting it financially through the construction of important public works. During the years following the second world war the Bank participated actively in the reconstruction of the country and dedicated itself to supporting the economy and the social fabric, in particular by lending to small and  medium-sized business which, still today, constitute the backbone for activities in the areas where it operates.
  • In 1992 Cassa di Risparmio di Firenze – which in the preceding years had set up innovative product companies such as Centro Leasing, Centro Factoring and Findomestic – became an Spa-type limited company, and still continued on improving the quality of its business management criteria and organisational structure.
  • In 1998 the Cassa di Risparmio di Firenze Group was formed. In July 2000 the shares of the parent company Banca CR Firenze were listed on the Milan Stock Exchange.
  • The Group, fortified by its traditions and attentive to the requirements of the public it serves, is facing the new millennium as a dynamic and pioneering enterprise, heavily oriented towards the creation of value.
  • In 2004 Cassa di Risparmio di Firenze acquired a second name, i.e. Banca CR Firenze. Both names are valid and legally binding.

 

GROUP HISTORY

•1829 The bank is founded in Florence
•1970 The shareholding portfolio takes shape
•1992-97 Incorporation as joint stock company and Group constitution
•1999 The Foundation reduces its stake in favour of two new  partners: San Paolo Imi and BNP Paribas
•2000 New Board and top management
•2000 The Bank goes public
•2001 Stake in Findomestic is increased to 50%
•2006 Purchase of 56,23% of  Banca Daewoo (Romania) with subsequent name change into Banca CR Firenze, Romania •2006 Merger by incorporation of Cassa di Risparmio di Mirandola