Banca Progetto S.p.a.

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BANCA PROGETTO S.P.A. Logo

Address

VIA BOCCHETTO 6, 20123, MILANO, Italy

BIC

BPTTITMMXXX

Overview

Category

Commercial banks

Business Focus

consumer credit

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.

Performance

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.

Deposit Protection

Deposits up to 100,000 EUR are covered by Italian deposit guarantee scheme in Banca Progetto S.p.a.

Services

retail banking
business banking
factoring

Area Served

ITItaly
DEGermany

Products

consumer loans
employee loans
business loans

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
SEPA Direct Debits B2B

See Also

Ways to Bank

Banca Progetto S.p.a. delivers its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking

Financials

Total Assets of Banca Progetto S.p.a.
Net_income of Banca Progetto S.p.a.
Market Share of Banca Progetto S.p.a.
Total Assets (2023)
8,524.88 mln EUR   (+27.44%)
Net Income (2023)
71.92 mln EUR   (+38.35%)
Number of Employees (2023)
243   (+14.08%)

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.

Deposit Guarantee

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

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.

See Also

Contacts

addressVIA BOCCHETTO 6, 20123, MILANO, Italy

Banca Progetto S.p.a. is headquartered in MILANO.

Social Networks

Banca Progetto S.p.a. has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
BPTTITMMXXX
LEI
81560091FE0AABE37693
MFI ID
IT0001124022432

Bank History

Previous Name
Banca Popolare Lecchese S.p.a.
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