List of banks in Italy

Banca Monte dei Paschi di Siena, founded in 1472, is the world's oldest or second oldest bank in continuous operation.

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]

The ECB considers ICCREA Banca (the federation of several Italian cooperative banks) as one banking group, just like Cassa Centrale Banca - Credito Cooperativo Italiano, while Mediobanca considers that the cooperative banks are individual entities, therefore BCC Iccrea Group and Cassa Centrale Banca are included in the list but not ranked.

List of banks by total assets

As of December 2022[1]
Rank (by Mediobanca) Company Total Assets (billion €) Type
1 Intesa Sanpaolo 943.45 domestic systemically important bank;[2] supervised by European Central Bank[3]
2 UniCredit 860.33 domestic systemically important bank;[2] supervised by European Central Bank[3]
* BancoPosta division of Poste italiane 590 joint-control by Cassa Depositi e Prestiti and the Ministry of Economy and Finance (who both are also shareowners of Istituto per il Credito Sportivo)
* Bank of Italy central bank
3 Cassa Depositi e Prestiti 485 national investment bank, majority owned by the Ministry of Economy and Finance
4 Banco BPM 205.53 domestic systemically important bank;[2] supervised by European Central Bank[3]
* BCC Iccrea Group 164.6 cooperative banking group owned by 114 member cooperative banks, supervised by European Central Bank[3]
5 BPER Banca 141.96 supervised by European Central Bank[3]
6 Banca Mediolanum 138.5 Also an leading insurance company, supervised by European Central Bank
7 Banca Monte dei Paschi di Siena 124.58 domestic systemically important bank;[2] supervised by European Central Bank,[3] minority owned by Ministry of Economy and Finance (legacy of the 2017 bailout)
8 Mediobanca 112 supervised by European Central Bank[3]
9 Banca Nazionale del Lavoro 93.04 subsidiary of BNP Paribas
* Cassa Centrale Banca 87.03 cooperative banking group
10 Credito Emiliano 64.18 supervised by European Central Bank[3]
11 Banca Popolare di Sondrio 55.86 supervised by European Central Bank[3], in the process of being acquired by BPER Banca
12 Crédit Agricole Italia 55.0 subsidiary of Crédit Agricole
13 FinecoBank 35,36 supervised by European Central Bank[3]
14 Deutsche Bank (Italy) 30.87 subsidiary of Deutsche Bank AG
15 Banca Sella Group 22.24
16 Banco di Desio e della Brianza 18.63
17 Cassa di Risparmio di Asti 13.01
Note: Banks with assets less than €10 billion were omitted from this wiki list. Barclays Bank, Italian branch was also excluded

See also

References

  1. ^ a b "Largest Italian banks in 2022, by total assets". September 2021. Retrieved 20 December 2023.
  2. ^ a b c d "Identification of the UniCredit, Intesa Sanpaolo, Banco BPM and Monte dei Paschi di Siena banking groups" (Press release). Bank of Italy. 30 November 2017. Retrieved 14 November 2018.
  3. ^ a b c d e f g h i j "List of supervised entities" (PDF). European Central Bank. 1 January 2023. pp. 12–. Retrieved 20 December 2023.
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