aid to FITD but funded by the voluntary scheme for the same amount. In 2016, the voluntary scheme subscribed the €280 million recapitalization of Cassa di Risparmio di Cesena (Caricesena). In 2017, Caricesena, along with Banca Carim and Cassa di Risparmio di San Miniato, were sold to Crédit Agricole Cariparma (trading as Crédit Agricole Italia) for €130 million. Before the formal handover, FITD voluntary scheme would also recapitalize the banks for €470m. In November 2018, the voluntary scheme made another bail-out. The scheme was the underwriter for €320 million of €400 million Banca Carige's Tier 2 subordinated bonds. Interventions Cassa di Risparmio di Prato Banco di Tricesimo Banca di Girgenti Banca di Credito di Trieste Credito Commerciale Tirreno Sicilcassa Banca Valle d'Itria e Magna Grecia Banco Emiliano Romagnolo Banca MB Banca Network Investimenti Banca Tercas voluntary scheme Banca Tercas Cassa di Risparmio di Cesena Cassa di Risparmio di San Miniato Banca Carim Banca Carige Chairmen Paolo Savona (2010–2014) Salvatore Maccarone (2014–) Members References External links Banking in Italy Deposit insurance