Illimity Bank (formerly Banca Interprovinciale) is focused on providing specialised opportunities that fulfill the needs of families and small- and medium-sized enterprises (SMEs). Illimity Bank operates mainly in the areas of SME lending, corporate non-performing loans, delivering retail banking products and services to SMEs and families via direct channels and mobile banking. Illimity Bank was established as a result of the merger of of Spaxs and Banca Interprovinciale.
Becoming a client of Illimity Bank S.p.a. can be done in a few steps:
Due to regulatory requirements Illimity Bank S.p.a. performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Illimity Bank S.p.a. will ask him/her to provide the following documents: passport; proof of address. For corporate clients Illimity Bank S.p.a. will ask to provide corporate documentation as well as information about controlling persons. Illimity Bank S.p.a. may request additional documentation or information depending on the case. Account opening procedure is usually completed within a few minutes.
Illimity Bank S.p.a. is the 170th largest bank in Italy in terms of total assets. In 2018 its total assets were 908,76 mln EUR, providing the bank with the market share of 0.03%. In 2018 the bank's net income was -29,12 mln EUR. Illimity Bank S.p.a. had 138 employees in 2018.
Illimity Bank S.p.a. participates in the deposit guarantee scheme of Italy. This deposit guarantee scheme applies to current accounts, cash accounts, time deposits made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. Illimity Bank S.p.a. is a member of Interbank Deposit Protection Fund (FITD) and makes its contributions into it.
Illimity Bank S.p.a. is headquartered in MILANO.
Illimity Bank S.p.a. has profiles at the following social networks: