Banca Monte dei Paschi di Siena S.p.a.

 (3.8; 19 ratings)
3.8 19
Business Focus
universal banking

Established in 1472 Banca Monte dei Paschi di Siena is the oldest bank in the world. Banca Monte dei Paschi di Siena operates all over Italy and has presence in major international financial centres. Banca Monte dei Paschi di Siena is a universal bank offering products and services ranging from traditional retail banking (current and deposits accounts, payment cards, loans) to private banking (mutual funds, wealth management, pension funds, and life insurance policies), corporate banking (project finance, merchant banking, and financial advisory), Banca Monte dei Paschi di Siena is focused on households and small- and medium- enterprises.

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

Ways to Bank

Banca Monte dei Paschi di Siena S.p.a. delivers its products and services through both direct and indirect channels, namely:
branch
online banking

Financials

Total Assets of Banca Monte dei Paschi di Siena S.p.a.
Net_income of Banca Monte dei Paschi di Siena S.p.a.
Market Share of Banca Monte dei Paschi di Siena S.p.a.
Total Assets (2018)
124.84 bln EUR  (-3.57%)
Net Income (2018)
-111,922,000.00 EUR  (-96.08%)
Number of Employees (2018)
21,074  (-1.41%)

Banca Monte dei Paschi di Siena S.p.a. is the 6th largest bank in Italy in terms of total assets. In 2018 its total assets were 124,84 bln EUR, providing the bank with the market share of 4.74%. In 2018 the bank's net income was -111,92 mln EUR. Banca Monte dei Paschi di Siena S.p.a. had 21 074 employees in 2018.

Credit Ratings

Fitch: B
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: Ba3
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Banca Monte dei Paschi di Siena S.p.a. is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is B (highly speculative). Long-term credit rating assigned to the bank by Moody's is Ba3 (non-investment grade speculative).

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Interbank Deposit Protection Fund
Covered Depositors
natural persons
legal entities
Covered Accounts
current accounts
cash accounts
time deposits

Banca Monte dei Paschi di Siena 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. Banca Monte dei Paschi di Siena S.p.a. is a member of Interbank Deposit Protection Fund and makes its contributions into it.

Contacts

PIAZZA SALIMBENI, 3, 53100, SIENA, Italy

Banca Monte dei Paschi di Siena S.p.a. is headquartered in SIENA.

Bank Identifiers

BIC (SWIFT)
PASCITMMXXX
LEI
J4CP7MHCXR8DAQMKIL78
MFI ID
IT0000203426147