The bank was a subsidiary of Banca CR Firenze, with Intesa Sanpaolo as the ultimate holding company.
[4] The ente also immediately sold around 51% shares to an intermediate holding company Holding Casse Toscane (literally Tuscan saving banks), which consists of the saving bank (Italian: Cassa di Risparmio) of Florence (Banca CR Firenze), Livorno, Lucca, Pisa, San Miniato as well as Banca del Monte di Lucca.
[4] In 1995 CR Lucca, Livorno and Pisa, as well as Banca del Monte di Lucca, formed their own banking group (Casse del Tirreno), leaving Florence, Pistoia–Pescia and San Miniato in Casse Toscane.
[9] The foundation also owned 3.95% shares of Banca CR Firenze (as of 31 December 2000),[9][10] due to the acquisition.
In 2005 Banca CR Firenze purchased an additional 9% ordinary shares from the foundation for €32,533,751.25.