Banks in Italy

Banca d'Italia Intesa Sanpaolo Monte Paschi Ubi Bank Unicredit bank
Banca d'Italia Intesa Sanpaolo Monte Paschi Ubi Banca UniCredit Group

Banca Carige – One of the Italy's largest banking groups. It offers corporate and retail banking services through locations primarily in Liguria (Genoa, Savona, Imperia, La Spezia) as well as Lombardy, Piedmont, Aosta Valley, Veneto, Emilia Romagna, Lazio, Tuscany, Marche, Umbria, Sicily, Apulia and Sardinia.

Banca d'Italia (Bank of Italy) – The central bank of Italy and part of the European System of Central Banks. It was established in 1893, from the fusion of the four major banks in Italy. Bank of Italy gold reserves are about 2,452 tonnes. The bank's current governor is Ignazio Visco.

Banca Mediolanum – One of the largest financial services providers in Italy with more than one million customers and market capitalization of EUR 4.5 billion (June 30, 2016).

Banca Monte dei Paschi – The world's oldest bank, founded in 1472. It is the flagship of the Montepaschi Group, which has over 2,100 branches throughout Italy.

Banca Monte Parma – The Bank was founded in 1488 by Bernardine of Feltre, in order to combat usury. This makes it one of the oldest banks in the world. In 1991, in order to comply with new Italian banking regulations, the company became a joint-stock company and a subsidiary of Fondazione Monte di Parma which still owns 68.74% of the company's shares.

Banca Nazionale del Lavoro – One of the ten largest Italian banking groups with over 950 service locations. It operates as a subsidiary of BNP Paribas.

Banca Passadore & C. – An independent private bank founded in 1888 and headquartered in Genoa, Liguria.

Banco Popolare – One of the leading Italian banking groups with more than 1,800 branches. It includes large local banks firmly rooted in their communities with a history of serving families and small businesses.

Banca Popolare di Bergamo – A subsidiary of UBI Banca.

Banca Popolare di Milano – A large cooperative bank in Italy. It works basically in the northern and central regions with a strong presence in Lombardia and Lazio. As of June 30, 2016, it had a market capitalization of approx. EUR 1.6 billion.

Banca Popolare di Verona – A part of the Banco Popolare Group.

Banca Sella – A bank, which has traditionally operated in the Biella Province, the wealthy northwestern Italian region of Piedmont, where it enjoys a strong position.

BCC Brescia – Banca Credito Cooperativo di Brescia.

Cassa depositi e prestiti (CDP) – The Italian national promotional financial institution.

Crédit Agricole Cariparma (formerly Cassa di Risparmio di Parma e Piacenza) – One of the 15 largest banking groups in Italy. It operates as a subsidiary of Credit Agricole, a French financial institution.

Credito Emiliano (Credem) – A multi-regional banking group based in Reggio Emilia and operating in all financial sectors. The Maramotti family is the largest shareholder of Credem Holding.

Generali Group – One of the most significant participants in the global insurance and financial products market. The Group operates in more than 60 countries with 480 insurance, property and financial companies.

Iccrea Banca – A central organization for Italian cooperative banking sector.

Intesa Sanpaolo – One of the leading banking groups in the euro zone. The company operates over 4,100 branches across Italy, plus over 1,200 locations in Central and Eastern Europe, and the Mediterranean basin. At June 30, 2016, it had a market cap of approximately EUR 28 billion.

Mediolanum Group – A financial services company founded in 1982 by Ennio Doris. It is active in the banking, life insurance and mutual fund sectors.

Mediobanca – The leading Italian investment bank with total assets of €71.5 billion. It operates than 200 branches and offices.

UBI Banca – One of the largest Italian banking groups in terms of market capitalization with a market share over 5%. It is the fourth largest Italian bank by customer loans.

UniCredit Group – One of the largest financial groups in Europe with total assets of over $950 billion. It has a presence in 17 countries with strategic position in Western and Central and Eastern Europe.

Vatican Bank serves Catholic institutions, clerics, employees or former employees of the Vatican as well as embassies and diplomats accredited to the Holy See.

Veneto Banca – One of the 15 largest Italian banks with total assets of over EUR 33 billion.

The Largest Banks in Italy

 Total assets (EUR billion)

Rank Bank 06/2016 FY 2015 FY 2014 FY 2013 FY 2012
1 Unicredit SpA 891.477 860.433 844.217 845.838 926.838
2 Intesa Sanpaolo 717.292 676.568 647.343 624.179 673.582
3 Cassa Depositi e Prestiti 421.639 397.870 401.680 317.518 309.384
4 Banca Monte dei Paschi 164.386 169.012 179.918 199.106 218.886
5 Banco Popolare Società Cooperativa 123.699 120.237 123.082 125.402 131.921
6 UBI Banca 116.660 117.201 121.787 124.242 132.434
7 Banca Nazionale del Lavoro n/a 77.367 - - -
8 BPER Banca (1) 62.450 61.261 60.653 61.758 61.638
9 Mediobanca 56.350 70.711 70.464 72.841 78.679
10 Crédit Agricole Cariparma n/a 51.373 - - -
11 Iccrea Banca 50.302 48.704 - - -
12 Banca Popolare di Milano 49.698 50.203 48.272 49.353 52.475
13 Banca Mediolanum 43.662 44.710 42.548 37.321 36.049
14 Credito Emiliano 38.087 37.455 34.794 31.531 30.749
15 Banca Popolare di Sondrio 35.623 35.538 35.619 32.770 32.349
16 Veneto Banca 30.547 33.349 36.167 37.307 40.165
17 Banca Carige 28.174 30.299 38.310 42.156 48.441
18 Credito Valtellinese (2) 27.149 26.902 28.814 27.199 29.896

(1) - BPER Banca S.p.A. was formerly known as Banca Popolare dell'Emilia Romagna.
(2) - Credito Valtellinese was formerly known as Banca Piccolo Credito Valtellinese.