Webank S.P.A. is a direct bank offering retail banking products and services via direct channels like Internet. Being a direct bank, Webank doesn't have to maintain a costly branch network and hence can offer its products and services at competitive prices. Webank operates as a subsidiary of Banca Popolare di Milano.
Webank S.p.a. participates in deposit guarantee scheme of Italy. This scheme covers accounts up to 100,000 EUR per bank per depositor.
Webank S.p.a. is headquartered in MILANO.