In 1992, due to Legge Amato, the statutory corporation was split into a private limited company and a banking foundation.
Casse Emiliano Romagnole was introduced as a minority shareholders for 20% shares.
BPL owned 83.10% shares of the subsidiary through sub-holding Bipielle Retail.
BPL was merged with BPVN to form Banco Popolare.
In 2011, after BPL was absorbed into the parent company, CR Imola became a department of bank division Banca Popolare di Verona instead since 2012.