increased to 78.617% from recapitalization, as well as the foundations both reduced to 10% each and CGI 1.254%. The bank was a member of the Euro Banking Association, however it is no longer a member after it became a subsidiary. On 22 December 2014 Intesa Sanpaolo acquired the 20% from the foundations; At the end of 2014 financial year Intesa Sanpaolo was the major shareholder of Banca Monte Parma for 98.62%. In mid-2015 the bank was absorbed into Intesa Sanpaolo. Sponsorship The bank was the principal sponsor of Serie A football team Parma F.C. The bank also owned 20% shares of "Eventi Sportivi S.p.A.", the parent company of Parma FC SpA in 2008 (increased from 10% after recapitalization from €3m to €6m), but diluted back to 5% in 2009, followed by 4.2% in 2011. As of 2014 financial year, the bank still retained the shares. See also Former headquarters of Banca Monte Parma References External links Banca Monte Parma Official website (in Italian) Banks established in the 15th century Banks disestablished in 2015 1488 establishments in Europe 15th-century establishments in Italy Italian companies disestablished in 2015 Defunct banks of Italy Companies based in Parma Former Intesa Sanpaolo subsidiaries Intesa Sanpaolo acquisitions Mounts of piety Former Montepaschi subsidiaries