In 1922 banking operation and the ownership were always merged of Casse Toscane but the bank also formes a common holding company and one of the smallest share holders was Ente Cassa di Risparmio di Firenze.
In 1992, due to Legge Amato, the banking operation and the ownership were separated into a societa per azioni and banking foundation Ente Cassa di Risparmio di Firenze. Ente Cassa di Risparmio di Firenze was the largest shareholders of the holding company. 
