Cassa Di Risparmio Delle Provincie Lomba - I.CAR- Profile

Cassa di Risparmio delle Provincie Lombarde (CARIPLO) SPA, is regarded as one of the leading banks in Italy. The bank offers retail banking services, mortgage credit, public works & agricultural credit services and a range of other financial services. Cariplo operates through 762 branches, teller units and representative offices abroad. Cassa di Risparmio delle Provincie Lombarde SPA was formed in 1991 following restructuring under the Amato law 218/1990. This transformed the former public law institution, Cassa di Risparmio delle Lombarde, into a joint stock company (SPA). Interest & fees on loans accounted for 54% of 1998 revenues; interest income on bank deposits, 17%; other interest income, 13% and non-interest income, 16%.