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 top 20 banking groups in Italy. It offers corporate and retail banking services through branches primarily in Liguria (Genoa, Savona, Imperia, La Spezia) as well as through locations in 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 20 largest financial services providers in Italy with about 1.2 million customers and market capitalization of EUR 5.4 billion (June 21, 2017).

Banca Monte dei Paschi – The world's oldest bank, founded in 1472. It is the flagship of the Montepaschi Group, which has about 2,000 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 BPM – One the largest banking groups in Italy with over 4 million customers. As of June 20, 2017, it had a market capitalization of approximately EUR 4.1 billion.

Banco Popolare was one of the leading Italian banking groups with more than 1,700 branches. It merged with Banca Popolare di Milano to form Banco BPM.

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.

Banca Popolare di Verona was an Italian bank. Now it is part of Banco BPM Group.

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

BCC Brescia – Banca Credito Cooperativo di Brescia.

Cassa depositi e prestiti (CDP) – The Italian investment bank with over EUR 400 billion in assets.

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 one of the major shareholders 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.

Citibank N.A., Italy

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

Intesa Sanpaolo – One of the leading banking groups in the euro zone. It operates over 3,900 branches across Italy, plus about 1,100 locations in Central and Eastern Europe, and the Mediterranean basin. At June 20, 2017, the company had a market capitalization of approximately EUR 42 billion.

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

Mediobanca – The leading Italian investment bank with total assets of over €72 billion. It operates than 200 branches and offices.

UBI Banca – One of the largest Italian banking groups with more than 1,400 branches and 3.8 million customers. It is headquartered in Bergamo.

UniCredit Group – One of the largest financial groups in Europe with total assets of about $1 trillion. It has a presence in 18 countries with strategic positions in Western, 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 FY 2016 FY 2015 FY 2014 FY 2013 FY 2012
1 Unicredit SpA 859.533 860.433 844.217 845.838 926.838
2 Intesa Sanpaolo 725.100 676.568 647.343 624.179 673.582
3 Cassa Depositi e Prestiti 410.425 398.871 401.680 317.518 309.384
4 Banca Monte dei Paschi 153.179 169.012 179.918 199.106 218.886
5 Banco BPM * 117.411  - -  - -
6 UBI Banca 112.384 117.201 121.787 124.242 132.434
7 Banca Nazionale del Lavoro (1) 79.049 77.494 - - -
8 Mediobanca 69.819 70.711 70.464 72.841 78.679
9 BPER Banca (2) 64.957 61.261 60.653 61.758 61.638
10 Gruppo Bancario Iccrea 50.302 48.704 - - -
11 Credit Agricole Cariparma 48.516 48.396 48.715 50.163 49.322
12 Banca Mediolanum 41.971 44.710 42.548 37.321 36.049
13 Credito Emiliano 39.569 37.455 34.794 31.531 30.749
14 Banca Popolare di Sondrio 37.196 35.538 35.619 32.770 32.349
15 Veneto Banca 28.078 33.349 36.167 37.307 40.165
16 Banca Carige 26.111 30.299 38.310 42.156 48.441
17 Credito Valtellinese (3) 25.469 26.883 28.814 27.199 29.896

(1) - Banca Nazionale del Lavoro (BNL) is a subsidiary of BNP Paribas.
(2) - BPER Banca S.p.A. was formerly known as Banca Popolare dell'Emilia Romagna.
(3) - Credito Valtellinese was formerly known as Banca Piccolo Credito Valtellinese.
* As of March 31, 2017, Banco BPM is the fourth largest bank in Italy with assets of EUR 170.143 billion.