Mediocredito Piemontese was found as a
statutory corporation (). Due to
Legge Amato, the bank became a limited company () in 1992. At that time the bank was already a subsidiary of
Cassa di Risparmio di Torino (Banca CRT), which
Banca Popolare di Novara (BPN) also owned a reported 32.85% capital of the bank in 1990. (disinvested to 10% share capital as at 31 December 2000) The bank was also renamed into
Banca Mediocredito S.p.A. in the 1990s. In 1997 Mediocredito followed the parent company to join
Unicredito, which was merged with
Credito Italiano to form
UniCredito Italiano in 1998 (UniCredit). As at 31 December 2000, Banca CRT owned 63.26% shares of Banca Mediocredito, as well as Cariverona owned 0.20% shares, making UniCredit controlled 63.46% shares of Banca Mediocredito (despite UniCredit did not own the 0.25% minority interests of Cariverona). In 2001 UniCredit acquired 10% shares of Mediocredito from BPN, as well as an additional 0.63% from other companies. In 2002 UniCredit acquired the minority interests of the Mediocredito from
Cassa di Risparmio di Biella e Vercelli (6.063% for €20.354 million),
Banca Lombarda e Piemontese (5.83% for €19.569 million),
Banca Carige (1.755% for €6.23 million),
Sanpaolo IMI (1.11%),
Banca Intesa (0.27%),
Cassa di Risparmio di Savona (0.25% for €0.873 million), ==References==