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 2017 its total assets were 506,92 bln EUR, providing the bank with the market share of 19.25%. In 2017 the bank's net income was 4 882,00 mln EUR. Intesa Sanpaolo S.p.a. had 38 970 employees in 2017.
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).
Intesa Sanpaolo S.p.a. is headquartered in TORINO.
small- and medium-sized enterprises
time deposit accounts
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.
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 17 December 2018
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|Total Assets (2017)|
|506.92 bln EUR (+13.84%)|
In 2017 total assets of Intesa Sanpaolo S.p.a. were 506.92 bln EUR. Growth compared to the previous period (2016) was 13.84%.
Recent changes in total assets of Intesa Sanpaolo S.p.a. and its main components are shown in Table 1.
|Loans to customers||200.5||232.7||+16.03%|
|Table 1. Recent changes in total assets of Intesa Sanpaolo S.p.a. (bln EUR).|
Recent changes in total liabilities of Intesa Sanpaolo S.p.a. and its main components are shown in Table 2.
|Table 2. Recent changes in total liabilities of Intesa Sanpaolo S.p.a. (bln EUR).|
|Net Income (2017)|
|4 882.00 mln EUR (+177.54%)|
Recent changes in gross profit of Intesa Sanpaolo S.p.a. and its main components are shown in Table 3.
|Net Interest Income||2 514.0||2 811.0||+11.81%|
|Net Commission Income||2 514.0||3 488.0||+38.74%|
|Table 3. Recent changes in gross profit of Intesa Sanpaolo S.p.a. (mln EUR).|
In 2017 net income of Intesa Sanpaolo S.p.a. was 4 882.00 mln EUR. Growth compared to the previous period (2016) was 177.54%.
|Number of Employees (2017)|
|38 970 (+19.18%)|
In 2017 there were 38 970 employees of Intesa Sanpaolo S.p.a.. Growth compared to the previous period (2016) was 19.18%.
|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.
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+|
|Short-Term Issuer Default Rating||F2|
|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).
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 Bank Deposit Rating||A3|
|Baseline Credit Assessment||baa3|
Outlook for the ratings of Intesa Sanpaolo S.p.a. is set to negative (may be lowered).
|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|
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.
|Bank BIC Code||BCIT|
|Country Code||IT (Italy)|
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.
|2 736 (+26.49%)|
In 2017 Intesa Sanpaolo S.p.a. had 2 736 branches in Italy. Growth compared to the previous period (2016) was 26.49%.
The following banks operating under Intesa Sanpaolo brand name has been recently closed down: