Banca Popolare di Milano was an Italian cooperative bank, offering retail banking products and services to households, individuals, businesses, traders, professionals, artisans and SMEs, institutions and associations based in the local areas where the bank is operating. On January 1, 2017 Banca Popolare di Milano was merged with Banca Popolare to from Banco BMP; the legal merger was completed in November, 2018.
Banca Popolare di Milano Scrl is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is BB+ (speculative).
Banca Popolare di Milano Scrl 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 Popolare di Milano Scrl is a member of Interbank Deposit Protection Fund (FITD) and makes its contributions into it.
Banca Popolare di Milano Scrl was headquartered in MILANO.