Intesa Sanpaolo S.p.a.

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.

Services

Retail Banking
Private Banking
Corporate Banking
Investment Banking

Products

Financials

Total Assets (2016)
725.10 bln EUR  (+7.17%)
Net Income (2016)
3 111.00 mln EUR  (+13.58%)

In 2016 total assets of Intesa Sanpaolo S.p.a. were 725,10 bln EUR. In 2016 the bank's net income was 3 111,00 mln EUR.

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 A3 (upper medium grade).

Intesa Sanpaolo S.p.a. participates in deposit guarantee scheme of Italy. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Intesa Sanpaolo S.p.a. is a member of Intesa Sanpaolo (Italy).

Contacts

PIAZZA SAN CARLO, 156, 10100, TORINO, Italy

Intesa Sanpaolo S.p.a. is headquartered in TORINO.

Bank Identifiers

BIC (SWIFT)
BCITITMMXXX
MFI ID
IT0000101262255

Business Summary

Eligible Clients
individuals
small- and medium-sized enterprises
companies
financial institutions
non-profit organizations
Services
retail banking
private banking
corporate banking
investment banking
Products
current accounts
debit cards
credit cards
prepaid cards
savings accounts
time deposit accounts
consumer loans
mortgage loans
investment funds
business cards
business accounts
business loans
leasing

Intesa Sanpaolo S.p.a. provides products and services in the areas of retail banking, private banking, corporate banking, investment banking. The range of products offered by Intesa Sanpaolo S.p.a. includes current accounts, debit cards, credit cards, prepaid cards, savings accounts, time deposit accounts, consumer loans, mortgage loans, investment funds, business cards, business accounts, business loans, leasing. Intesa Sanpaolo S.p.a. makes its solutions available to individuals, small- and medium-sized enterprises, companies, financial institutions, non-profit organizations.

Products

Credit Cards

Credit cards provide a convenient option to borrow funds for short-term financing, for examples purchasing of goods and services. Credit cards differ by credit card provider (Visa, American Express, MasterCard), credit card type (silver, gold, platinum), charged interest and annual costs. The following credit cards are offered by Intesa Sanpaolo S.p.a..

Updated on 20 May 2018

NextCard
Sales Region
Italy
Card Currency
EUR
Card Provider
MasterCard
Card Type
Standard
Annual Costs (EUR)
12.00
Credit Card Details
Product Name
NextCard
Card Provider
MasterCard
Card Type
Standard
Annual Costs
12.00 EUR
Card Currency
EUR
Bonus Programs
Insurances
Benefits
Services

Italy: This product is offered to Italian residents only. When clicking on the product link you will be redirected to the product page in Italian.

See Also

Financial Positions

Total Assets (2016)
725.10 bln EUR  (+7.17%)

In 2016 total assets of Intesa Sanpaolo S.p.a. were 725.10 bln EUR. Growth compared to the previous period (2015) was 7.17%. The evolution of the total assets of Intesa Sanpaolo S.p.a. is shown at Chart 1 below.

Total Assets of Intesa Sanpaolo S.p.a..

Chart 1. Total Assets of Intesa Sanpaolo S.p.a..

Profit and Loss

Net Income (2016)
3 111.00 mln EUR  (+13.58%)

In 2016 net income of Intesa Sanpaolo S.p.a. was 3 111.00 mln EUR. Growth compared to the previous period (2015) was 13.58%.

Credit Ratings (as of May 2018)

Fitch Moody's
BBB+ (good credit quality) A3 (upper medium grade)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Intesa Sanpaolo S.p.a. is rated by Fitch and Moody's.

Credit ratings assigned to Intesa Sanpaolo S.p.a. as of May 2018 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for Intesa Sanpaolo S.p.a. it is set to BBB+ (good credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for Intesa Sanpaolo S.p.a. is set to F2 (good short-term credit quality).

Long-Term Issuer Default Rating  BBB+
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F2
Viability Rating  bbb+
Support Rating  5
Support Rating Floor  NF

Viability rating for Intesa Sanpaolo S.p.a. is set to bbb+ (good fundamental credit quality); support rating is 5 (there is a possibility of external support, but it cannot be relied upon); support rating floor is NF (no floor; no reasonable presumption of potential support being forthcoming).

Moody's

Long-term rating for Intesa Sanpaolo S.p.a. it is set to A3 (upper medium grade). Long-term bank deposit rating is A3 (upper medium grade). Baseline credit assessment is baa3. Short-term rating is not assigned.

Long-Term Rating  A3
Long-Term Bank Deposit Rating  A3
Baseline Credit Assessment  baa3
Short-Term Rating  -
Outlook  negative

Outlook for the ratings of Intesa Sanpaolo S.p.a. is set to negative (may be lowered).

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Italy are obliged to participate in Italian deposit guarantee scheme.

In the case of Intesa Sanpaolo S.p.a. failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Covered Accounts  repayable funds acquired by banks in the form of deposits or other forms and to bankers' drafts or other similar credit instruments shall be eligible for payment
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of Intesa Sanpaolo S.p.a. and its components are shown in the table below.

BIC  BCITITMMXXX
Bank BIC Code  BCIT
Country Code  IT (Italy)
Location Code  MM
Branch Code  XXX

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of Intesa Sanpaolo S.p.a. is shown in the table below.

MFI ID  IT0000101262255

European Presence: 11 banks in 11 countries

Intesa Sanpaolo S.p.a. operates under the brand name Intesa Sanpaolo. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

France

Germany

Ireland

Italy

  •  (this bank) Intesa Sanpaolo S.p.a. (TORINO)

Poland

Romania

Slovenia

Spain

Switzerland

Turkey

United Kingdom

Defunct Banks: 3 banks in 3 countries

The following banks operating under Intesa Sanpaolo brand name has been recently closed down:

Austria

Cayman Islands

Netherlands