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Economy and Banking Sector of Italy

Major Banks of Italy

Rank
1
Total Assets
525.79 bln EUR  (+3.72%)
Market Share
19.95 %
Rank
2
Total Assets
405.61 bln EUR  (+0.16%)
Market Share
15.39 %
Rank
3
Total Assets
369.99 bln EUR  (+0.75%)
Market Share
14.04 %
Rank
4
Total Assets
165.13 bln EUR  (+11.29%)
Market Share
6.27 %
Rank
5
Total Assets
158.06 bln EUR  (+18.68%)
Market Share
6.00 %
Rank
6
Total Assets
124.84 bln EUR  (-3.57%)
Market Share
4.74 %
Rank
7
Total Assets
121.33 bln EUR  (-0.56%)
Market Share
4.60 %

#1: 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
Clients
individuals
small- and medium-sized enterprises
companies
financial institutions
non-profit organizations
Area Served
ITItaly
Products
current accounts
debit 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. is the 1st largest bank in Italy in terms of total assets. In 2018 its total assets were 525,79 bln EUR, providing the bank with the market share of 19.95%. In 2018 the bank's net income was 3 686,00 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 the deposit guarantee scheme of Italy. This scheme covers accounts up to 100,000 EUR per bank per depositor.

#2: Unicredit Spa

UniCredit SpA is the head bank of UniCredit Group, one of the largest European banking group with a strong presence in Central and Eastern Europe. UniCredit SpA operates as a universal bank: it offers a broad range of products and services in retail, corporate and investment banking and asset management. UniCredit SpA adopts a fully integrated multi-channel banking model, combining traditional channels with digital ones.

Services
retail banking
corporate banking
investment banking
Area Served
ITItaly
Products
current accounts
debit cards
time deposit accounts
consumer loans
mortgage loans

Unicredit Spa is the 2nd largest bank in Italy in terms of total assets. In 2018 its total assets were 405,61 bln EUR, providing the bank with the market share of 15.39%. In 2018 the bank's net income was 2 458,16 mln EUR.

Unicredit Spa 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 Baa1 (lower medium grade). Unicredit Spa participates in the deposit guarantee scheme of Italy. This scheme covers accounts up to 100,000 EUR per bank per depositor.

#3: Cassa Depositi e Prestiti SpA In Forma Abbreviata Cdp S.p.a.

Established in 1850, Cassa Depositi e Prestiti is focused on supporting economic, social development and environmental sustainabality in a long-term perspective. Cassa Depositi e Prestiti provides financing solutions of infrastructure development and investment projects.

Cassa Depositi e Prestiti SpA In Forma Abbreviata Cdp S.p.a. is the 3rd largest bank in Italy in terms of total assets. In 2018 its total assets were 369,99 bln EUR, providing the bank with the market share of 14.04%. In 2018 the bank's net income was 2 540,46 mln EUR.

Cassa Depositi e Prestiti SpA In Forma Abbreviata Cdp S.p.a. participates in the deposit guarantee scheme of Italy. This scheme covers accounts up to 100,000 EUR per bank per depositor.

#4: Banca Imi S.p.a.

Banca IMI is an investment banking division of Intesa Sanpaolo Group (Italy). Banca IMI provides investment banking, structured finance and capital markets products and services to institutional investors, financial networks, corporates, and government institutions.

Services
investment banking
Clients
institutional investors
financial networks
corporates
government institutions

Banca Imi S.p.a. is the 4th largest bank in Italy in terms of total assets. In 2018 its total assets were 165,13 bln EUR, providing the bank with the market share of 6.27%. In 2018 the bank's net income was 809,04 mln EUR.

Banca Imi 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). Banca Imi S.p.a. participates in the deposit guarantee scheme of Italy. This scheme covers accounts up to 100,000 EUR per bank per depositor.

#5: Banco Bpm SpA

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.

Services
retail banking
Area Served
ITItaly
Products
current accounts
time deposit accounts
credit cards
debit cards
consumer loans
mortgage loans

Banco Bpm SpA is the 5th largest bank in Italy in terms of total assets. In 2018 its total assets were 158,06 bln EUR, providing the bank with the market share of 6.00%. In 2018 the bank's net income was -151,62 mln EUR.

Banco Bpm SpA participates in the deposit guarantee scheme of Italy. This scheme covers accounts up to 100,000 EUR per bank per depositor.

#6: Banca Monte dei Paschi di Siena S.p.a.

Established in 1472 Banca Monte dei Paschi di Siena is the oldest bank in the world. Banca Monte dei Paschi di Siena operates all over Italy and has presence in major international financial centres. Banca Monte dei Paschi di Siena is a universal bank offering products and services ranging from traditional retail banking (current and deposits accounts, payment cards, loans) to private banking (mutual funds, wealth management, pension funds, and life insurance policies), corporate banking (project finance, merchant banking, and financial advisory), Banca Monte dei Paschi di Siena is focused on households and small- and medium- enterprises.

Banca Monte dei Paschi di Siena S.p.a. is the 6th largest bank in Italy in terms of total assets. In 2018 its total assets were 124,84 bln EUR, providing the bank with the market share of 4.74%. In 2018 the bank's net income was -111,92 mln EUR.

Banca Monte dei Paschi di Siena S.p.a. is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is B (highly speculative). Long-term credit rating assigned to the bank by Moody's is B1 (highly speculative). Banca Monte dei Paschi di Siena S.p.a. participates in the deposit guarantee scheme of Italy. This scheme covers accounts up to 100,000 EUR per bank per depositor.

#7: Unione di Banche Italiane SpA

UBI Banca (Unione di Banche Italiane) was established in 2007. UBI Banca is primarily focused on providing retail banking products and services to domestic small- and medium-sized enterprises and private customers.

Services
retail banking
Products
current accounts
payment cards
savings accounts
time deposit accounts
consumer loans
car loans
mortgage loans
investment funds

Unione di Banche Italiane SpA is the 7th largest bank in Italy in terms of total assets. In 2018 its total assets were 121,33 bln EUR, providing the bank with the market share of 4.60%. In 2018 the bank's net income was 467,51 mln EUR.

Unione di Banche Italiane SpA 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 Baa2 (lower medium grade). Unione di Banche Italiane SpA participates in the deposit guarantee scheme of Italy. This scheme covers accounts up to 100,000 EUR per bank per depositor.

See Also