Updated on 26 November 2020
Banca Nazionale del Lavoro (BNL) was founded in 1913 and is now one of the major banks in Italy. Since 2006 BNL is a member of BNP Paribas, one of the leading European groups in global banking and financial services. BNL offers a wide range of banking products and services, financial and insurance services from traditional to more innovative, dedicated to different market segments: retail and private, corporate and public administration.
Established in 1984, Findomestic Banca specializes in providing loans to individuals for purchase of goods and services for private use. Findomestic Banca offers personal loans and credit cards, as well as current and deposit accounts. Findomestic Banca is a member of BNP Paribas group.
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.
Consumer loans are secured or unsecured loans given to customers for personal, family, or household purposes or for purchase of goods and services. Unsecured consumer loans (which are not backed or secured by a collateral) are typically have higher interest rates than secured loans. In terms of repayment, consumer loans can be revolving (when a credit limit can be spent, repaid and spent again) or installment (such a loan is repaid in equal installments until the loan is paid off at the end of its term).
The table above shows essential details of selected consumer loans products offered to retail customers by the banks in Italy: currency, effective rate per annum and loan term in months. The consumer loans terms vary from 48 month to 4 years (48 months). The effective borrowing rates are within the range 8.48 - 9.11 %.