Banca Popolare Lecchese was established in 1994. In 2016 Banca Popolare Lecchese was acquired by Oaktree Capital Management LP (United States) and was renamed to Banca Progetto. Banca Progetto specializes in services for small and medium-sized Italian businesses and private customers. Banca Progetto is also focused at private individuals with savings products such as deposit accounts, salary-backed loans for private employees, state, public, semi-public employees and pensioners and at SMEs with medium-long term financing as well as factoring.
In 2023, Banca Progetto S.p.a. achieved the position of 30th largest bank in Italy with a market share of 0.28%; its total assets grew by 27.44%.
Additionally, the bank became the 155th profitable bank in relation to its total assets showcasing 0.95% return on assets in 2023.
Also the lender held the 99th position regarging its loans-to-deposits (L/D) registering 103.93% L/D ratio in 2023.
Deposits up to 100,000 EUR are covered by Italian deposit guarantee scheme in Banca Progetto S.p.a.
Banca Progetto S.p.a. ranks as the 30th largest bank in Italy by total assets. In 2023 its total assets were 8,524.88 mln EUR, representing a 0.28% market share. In 2023 the bank's net income was 71.92 mln EUR. As of 2023, the bank employed 243 people.
Banca Progetto S.p.a. 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 Progetto S.p.a. is headquartered in MILANO.
Banca Progetto S.p.a. has profiles at the following social networks: