Circa 1993 the bank had a market share of 16.07% in lending market (short term, year missing) in Basilicata, behind Banca Mediterranea (38.44%) but ahead Banco di Napoli (12.67%). In 1993 the bank sold the minority interests in ISVEIMER to Banco di Napoli. In 1996 Cariplo's wholly owned subsidiary Fincarime (ex-Fincarical) owned 49.47% shares of Carical, with an additional 9.61% owned by Cariplo directly, as well as 2.08% and 0.02% stake were held by Caripuglia (Cariplo owned 63.71% stake) and Carisal (Cariplo owned 80% stake) respectively. In July 1997 Cariplo acquired the remaining shares of the bank from the banking foundation. On 31 December 1997 Fincarime was renamed into Banca Carime, which Carical, Caripuglia and Carisal started to inject their bank business into the new company. In May 1999, Carical was absorbed by Cariplo. Fondazione Cassa di Risparmio di Calabria e di Lucania is a charity organization based in Cosenza, Calabria. It was the parent company of the bank in 1992, due to the spin off of the banking activities as a separate Società per Azioni. However, since the foundation sold the bank in 1997, as well as the bank was absorbed by UBI Banca in 2017, the foundation became the only heir of the original banking-charity entity that formed in 1861. As at 31 December 2016, the foundation had a stakeholders' equity of €80 million. The foundation was the minority shareholder of Cassa Depositi e Prestiti and CDP Reti. Some of the assets of the foundation was managed by UBI Pramerica SGR, a joint venture of UBI Banca and Pramerica Financial, with the foundation only acted as the unit holder in the private equity fund.