Intesa Sanpaolo is a banking group founded in 2007 as a result of the merger of two major Italian banks: Banca Intesa and Sanpaolo IMI. Intesa Sanpaolo SpA, the head of Intesa Sanpaolo banking group, operates in Italy as a universal bank in all business areas: retail banking, corporate and investment banking and wealth management.
Intesa Sanpaolo S.p.a. is the 1st largest bank in Italy in terms of total assets. In 2019 its total assets were 555,88 bln EUR, providing the bank with the market share of 19.31%. In 2019 the bank's net income was 2 137,00 mln EUR. Intesa Sanpaolo S.p.a. had 59 259 employees in 2019.
Intesa Sanpaolo S.p.a. is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BBB- (good credit quality). Long-term credit rating assigned to the bank by Moody's is Baa1 (lower medium grade).
Intesa Sanpaolo 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. Intesa Sanpaolo S.p.a. is a member of Interbank Deposit Protection Fund (FITD) and makes its contributions into it.
Intesa Sanpaolo S.p.a. is a member of Intesa Sanpaolo (Italy).
Intesa Sanpaolo S.p.a. is headquartered in TORINO.