Banca Monte Parma was a regional universal bank, providing retail and business banking products and services to local individuals, young persons, SMEs and companies. On July 20, 2015, Banca Monte Parma was merged into its parent company Intesa Sanpaolo to simplify the group's structure.
Deposits up to 100,000 EUR are covered by Italian deposit guarantee scheme in Banca Monte Parma Spa.
Banca Monte Parma Spa protects deposits up to up to 100,000 EUR per depositor through Italy's deposit guarantee scheme. The scheme applies to current accounts, cash accounts, time deposits made by natural persons, legal entities. The bank participates in the Interbank Deposit Protection Fund (FITD), making regular contributions into it.
Banca Monte Parma Spa was headquartered in PARMA.