Crédit Agricole Italia was ranked as the 11th largest bank in Italy by total assets at 31 December 2015.
[2] The group serving Emilia-Romagna, Liguria and Friuli-Venezia Giulia, where the predecessors originated, as well as Campania, Lazio, Lombardy, Piedmont, Tuscany, Umbria and Veneto, or half of Italian regions.
[7] In 1994 Cariparma acquired Credito Commerciale, a bank based in Lombardy region, from Monte dei Paschi di Siena.
[13] The era ended by the merger of Banca Intesa with Sanpaolo IMI, which trigger the sales of "CR Parma & Piacenza" to Crédit Agricole in 2007.
With the aid of the parent company, Cariparma acquired some branches from Italian major banking group Intesa Sanpaolo in 2007 and again in 2011.
[16] After a complex deal, Cariparma acted as an intermediate holding company and head of Italian retail division of Crédit Agricole Group, which owned 78.68% stake of FriulAdria.
[18] Despite acted as the second largest shareholder of Intesa Sanpaolo by 5.8% voting rights on 31 December 2009, Crédit Agricole listed the bank as disposable asset, at the same time, the two banking group agreed to transfer some branches to Crédit Agricole,[19] which under the ownership of Cariparma in 2010 or 2011.
[21] Crédit Agricole finally sold all the shares on Intesa Sanpaolo in 2012, which Cariparma became the major arm of the group participation in Italy.
[23] In September 2014 Crédit Agricole S.A. acquired a further 1.5% stake (13,151,424 number of shares) in Cariparma from the banking foundation for €80 million.
The unified brand was announced in March 2016 along with other items in Crédit Agricole Group's 2016–2020 business plan.
The delisting of Credito Valtellinese from the Italian Stock Exchange took place on Friday 4 June 2021 following the success of the residual takeover bid and the consequent "squeeze-out", which led Crédit Agricole to hold 100% of the capital of Creval.
(CALIT) was formed in 2008, which served as the lease finance arm of Crédit Agricole Group in Italy.
[17] In September 2009 Crédit Agricole sold 85% shares of CALIT to Cariparma, with 15% retained by the parent company.