List of banks in Italy

Summary

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] However, ECB considered ICCREA Banca, the clearing house of Italian cooperative banks federation as one banking group, which the publication of Mediobanca considered the cooperative banks are individual entities, such as Banca di Credito Cooperativo di Roma was ranked 22nd in the publication, while ICCREA Banca and Bank of Italy were excluded from the publication.

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

List of banks by total assets edit

As of December 2022[1]
Rank (by Mediobanca) Company Total Assets (billion €) RWAs (thousands €) Type
  1 Intesa Sanpaolo   975.68 domestic systemically important bank;[2] supervised by European Central Bank[3]
  2 UniCredit   857.77 global systemically important bank (Bucket 1) identified by Financial Stability Board;[4] supervised by European Central Bank[3]
* Bank of Italy central bank
  3 Cassa Depositi e Prestiti   400.69 national investment bank, majority owned by the Ministry of Economy and Finance
* BancoPosta division of Poste italiane joint-control by Cassa Depositi e Prestiti and the Ministry of Economy and Finance
* Istituto per il Credito Sportivo a subsidiary of the Ministry of Economy and Finance
  4 Banco BPM   189.69 domestic systemically important bank;[2] supervised by European Central Bank[3]
  5 BPER Banca   152.3 supervised by European Central Bank[3]
  6 Banca Monte dei Paschi di Siena   120.24 domestic systemically important bank;[2] supervised by European Central Bank,[3] minority owned by Ministry of Economy and Finance (legacy of the 2017 bailout)
  7 Banca Nazionale del Lavoro   104.09 subsidiary of BNP Paribas
  8 Mediobanca   93.74 supervised by European Central Bank[3]
  9 Crédit Agricole Italia   58.42 subsidiary of Crédit Agricole
10 Banca Mediolanum   73.6 Also an leading insurance company, supervised by European Central Bank
11 Credito Emiliano   65.04 supervised by European Central Bank[3]
12 Banca Popolare di Sondrio   53.30 supervised by European Central Bank[3]
* ICCREA Banca   38.12 [5]: 375    12,834,414[5]: 30  clearing house owned by 300+ regional banks, supervised by European Central Bank[3]
13 Deutsche Bank (Italy)   023.93 subsidiary of Deutsche Bank AG
14 Banco di Desio e della Brianza   013.98
15 Banca Sella Group   013.97
16 Banca di Credito Cooperativo di Roma   011.59 Will be part of ICCREA Banca Group as shareholder
17 Cassa di Risparmio di Asti   011.51
Note: Banks with assets less than €10 billion were omitted from this wiki list. Barclays Bank, Italian branch was also excluded

See also edit

References edit

  1. ^ a b "Largest Italian banks in 2022, by total assets". September 2021. Retrieved 20 December 2023.
  2. ^ a b c "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 "List of supervised entities" (PDF). European Central Bank. 1 January 2023. pp. 12–. Retrieved 20 December 2023.
  4. ^ "2017 list of global systemically important banks (G-SIBs)" (Press release). Financial Stability Board. 21 November 2017. Retrieved 14 November 2018.
  5. ^ a b 2018 Bilancio Consolidato [2018 Consolidated financial report] (PDF) (in Italian). ICCREA Banca. 18 June 2018. Retrieved 14 November 2018.