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Italy had 11 banking group (excluding banking group that owned by foreign banks) that were supervised by the European Central Bank directly. According to Mediobanca, the overall number of banks and credits institutions in Italy stands at 439 in 2022, which is a sharp decrease from the 740 that were operating in 2011. [ 1 ]
Intesa Sanpaolo S.p.A. is an Italian international banking group. It is Italy's largest bank by total assets and the world's 27th largest. [7] It was formed through the merger of Banca Intesa and Sanpaolo IMI in 2007, but has a corporate identity stretching back to its first foundation as Istituto Bancario San Paolo di Torino in 1583.
One of the most famous Italian banks was the Medici Bank, set up by Giovanni di Bicci de' Medici in 1397. [7] The earliest known state deposit bank, Banco di San Giorgio (Bank of St. George), was founded in 1407 in Genoa, Italy, [8] while Banca Monte dei Paschi di Siena, founded in 1472, is the oldest surviving bank in the world.
The majority of its shares are owned by the Italian Insurance Group, Assicurazioni Generali. In April 2018, Banca Generali won Global Brands Awards organized by Global Brands Magazine. [ 3 ] It has also been awarded the "Best Private Bank in Italy Award" from the FT's Group magazines for the years 2012, 2015, 2017, 2018 and 2019.
Palazzo Scarpa [] in Verona, the general office of Banco BPM. As of 1 January 2017, the date of formation, Banco BPM is the third largest retail and commercial banking conglomerate by pro forma total assets in Italy, behind UniCredit and Intesa Sanpaolo, and surpassing the former third largest bank Banca Monte dei Paschi di Siena (€164.385 billion at mid-2016).
Banca Mediolanum S.p.A. is an Italian bank, insurance and asset management conglomerate which is the parent company of Gruppo Mediolanum (Mediolanum Group). The CEO of the company is Massimo Antonio Doris, and the bank is listed on the Borsa Italiana and is a constituent of the FTSE MIB index from the end of 2015 when it incorporated its parent company Mediolanum S.p.A. Mediolanum Group was ...
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