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

 (3.8 from 19 ratings)
3.8 19

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.

Financials

Total Assets (2017)
129.46 bln EUR  (-10.36%)
Net Income (2017)
-2,857,440,000.00 EUR  (-23.24%)
Number of Employees (2017)
21,376  (-8.43%)

Banca Monte dei Paschi di Siena S.p.a. is the 6th largest bank in Italy in terms of total assets. In 2017 its total assets were 129,46 bln EUR, providing the bank with the market share of 4.92%. In 2017 the bank's net income was -2 857,44 mln EUR. Banca Monte dei Paschi di Siena S.p.a. had 21 376 employees in 2017.

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 B1 (highly speculative).

Banca Monte dei Paschi di Siena S.p.a. participates in deposit guarantee scheme of Italy. This scheme covers accounts up to 100,000 EUR per bank per depositor.

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