Credito Artigiano

Credito Artigiano was an Italian bank based in Milan, Lombardy. it was absorbed by Credito Valtellinese in 2012.

## History[edit]

Credito Artigiano was found in Milan in 1946. Since 1995 it was a subsidiary of Credito Valtellinese (Creval). In 1999 it was listed in Borsa Italiana. In 1999 Creval owned 54.01% shares of Credito Artigiano. In 2000 Credito Artigiano acquired 51% shares of Banca dell'Artigianato e dell'Industria and 76.94% stake of Banca Regionale Sant'Angelo (ex-Nuova Banca del Monte Sant'Agata) in 2001.[1][2] In 2002 Credito Valtellinese increased its ownership on the bank to 63.34% (buying 5% from Cattolica Assicurazioni[3]). It was increased to 65.04% in 2003, 65.50% in 2004, 65.72% in 2005, 69.82% in 2008, 69.85% in 2009, 69.88% in 2010, 72.14% in 2011.

Credito Artigiano jointed-control Credito Siciliano with the parent company Creval when the subsidiary was created in 2002 .

On 10 September 2012 Credito Artigiano was incorporated into Credito Valtellinese.

## References[edit]

1. ^ "OFFERTA PUBBLICA DI ACQUISTO su azioni ordinarie Banca Regionale Sant'Angelo" (PDF). Credito Artigiano (in Italian). CONSOB archive. 11 May 2001. Retrieved 21 April 2016.[permanent dead link]
2. ^ "Il Credito Artigiano - Gruppo Credito Valtellinese - e la Banca Popolare Sant'Angelo avviano lo sviluppo di una nuova realta' nel panorama bancario siciliano" (in Italian). Credito Valtellinese. 9 May 2000. Retrieved 21 April 2016.
3. ^ "JOINT PRESS RELEASE" (PDF). Credito Valtellinese / Cattolica Assicurazioni. 20 March 2002. Retrieved 24 April 2016.

## External links[edit]

* Banks portal

* Entry in Borsa Italiana (in Italian)

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