Largest Italian Banks Listing
People's banks (ital. Banca popolare) represent a cooperative banks engaged in lending to small and medium-sized businesses. In legal terms, they are subject to the provisions established for the co-operative institutions, in particular, the limited size of the fund units participating, as each participant can use only one vote regardless of the size of the unit. As of June 30, 2010 in Italy there were 103 registered people's banks operating through 9,586 branches, and employing 83,500 people.
Savings banks (ital. Cassa di risparmio) in Italy are engaged in the accumulation of small savings. The first savings bank, Cassa di Risparmio di Venezia appeared on January 12, 1822 in Venice. In 1880 in Italy there were 183 working savings banks, and by 1927 there were already 204. But then began the process of bank mergers, which led to a significant reduction of this number. As of December 2010, in Italy there were 87 active savings banks.
Below is the list of largest Italian banks.
Bancoposta is a division of the Italian Post Office that provides financial services such as current and savings accounts, issuing of prepaid banking cards, payment services (dispensing pensions, post bulletins, cheques etc.), foreign exchange trading, loans, investment services and insurance.
Italy is the largest European market after Germany for Deutsche bank. With about 4,000 employees, 550 retail outlets and over 1,550 financial advisers nationwide, the company is among the most important international financial groups in the country, where it operates both as a commercial and investment bank.
Part of BNP Paribas Group, founded in 1913, BNL is one of the leading banking groups in Italy, with about 2.5 million retail customers, including 130 thousand small businesses and professionals and over 33 thousand between companies and institutions. At the end of 2014, revenues amounted to 3.2 billion euro.
CheBanca! is an Italian bank, headquartered in Milan. It was founded in 2008 as a retail bank of Mediobanca Group.
This Italian banking institution was established at 2 January 2007 from the merger of Banca Intesa and Sanpaolo IMI. The bank has its registered office in Turin and an additional office in Milan.
Banca UniCredit SpA is one of the major banking groups in Europe and in the world. It has registered offices in Rome and its administrative headquarters is in Milan.
Mediobanca is an Italian credit institution founded in 1946 by the initiative of Raffaele Mattioli and Enrico Cuccia (who has been the General Manager since its foundation in 1982). Today, the bank operates in international markets with offices in Paris, Madrid, Frankfurt, London, Moscow and New York.
Banca Popolare di Milano is a cooperative company with limited liability, which was established in Milan in 1865. The bank’s heading banking group BPM Group is the eleventh in Italy by market capitalization.
Cassa di Risparmio di Genova and Imperia is one of the leading financial institutions in Liguria and in the country. The bank was established in 1483 in Genoa under the name of Monte di Pietà.
Ubi (Union of Italian Banks) Banca is an Italian banking group (fifth by number of branches in the country), which was founded on 1 April 2007 from the merger of Banca Lombarda and the United Banques Populaires.
Being the largest in Italy group of co-operative banks, the company is characterized by a strong local roots, with 18,917 employees, more than 3 million customers and 2,000 branches.
Banca Sella SpA is an Italian private bank, owned by the family which holds control of the Sella Group, one of the largest banking groups in Piedmont.
Banca Mediolanum S.p.A. is a multi-channel bank, which operates through a sales network of over 5,000 family bankers and technological channels such as: Internet, phone, mobile, and teletext.
Veneto Banca is an Italian bank, based in Montebelluna, in the province of Treviso. It was founded in 1877 under the name of Banca Popolare di Montebelluna.
Credito Emiliano SpA is a financial institution based in Reggio Emilia, which was founded in 1910 under the name of Banca Agricola Commerciale of Reggio Emilia. The current name was adopted in 1983, after the acquisition of the Banca Belinzaghi.