Banco BPM emerged on January 1, 2017 as the result of the merger of two major cooperative Italian banks, Banco Popolare and Banca Popolare di Milano. Banco BPM provides a broad range of retail banking products and services to private individuals and SMEs. Banco BPM serves its customers through an extensive and complementary distribution network and a comprehensive multi-channel model.
Banco Bpm SpA is the 5th largest bank in Italy in terms of total assets. In 2017 its total assets were 133,17 bln EUR, providing the bank with the market share of 5.06%. In 2017 the bank's net income was 2 721,26 mln EUR. Banco Bpm SpA had 15 332 employees in 2017.
Banco Bpm SpA participates in deposit guarantee scheme of Italy. This scheme covers accounts up to 100,000 EUR per bank per depositor.
Banco Bpm SpA is headquartered in MILANO.