Italian Banking Guide

Last Added News and Articles

Italy is preparing measures to reduce the tax burden for companies

Italy is preparing measures to reduce the tax burden for companiesItaly’s government started to support the recovery of the economy by easing the tax burden for companies, as well as the creation of a special body that will seek new opportunities for budget cuts, said Italian Economy Minister Fabrizio Saccomanni in an interview to The Wall Street Journal .  Read more »

Rating agency Moody’s confirmed the long-and short-term credit rating of Intesa Sanpaolo bank

Rating agency Moody's confirmed the long-and short-term credit rating of Intesa Sanpaolo bankIntesa Sanpaolo reported that the international rating agency Moody’s confirmed the long-term bank’s credit rating  “Baa2″ and the short term rating of “P-2″. In addition, the agency has downgraded the bank financial strength rating (BFSR) to «D +» c «C». The rating outlook remains negative.  Read more »

National debt of Italy has reached a record EUR 2.075 trillion

National debt of Italy has reached a record EUR 2.075 trillionItaly’s public debt reached in June 2013 to a record $ 2.075 trillion euros, according to the Italian Central Bank.

Thus, according to the data given in the statistical bulletin of the Bank of Italy, the growth of state debt has slowed significantly in June and compared to May amounted to only 600 million euros. Read more »

Intesa Sanpaolo Consolidates Asset Management in Eastern Europe

Intesa Sanpaolo Consolidates Asset Management in Eastern EuropeIntesa Sanpaolo developing its Asset Management through a single point of Asset Management service delivery in Eastern Europe.
All Wealth Management operation of banking group in the region will be consolidated in the new structure.  Read more »

Saving the world’s oldest bank in Italy will cost 3.9 billion euros

Saving the world's oldest bank in Italy will cost 3.9 billion eurosThe Bank of Italy has approved a 3.9 billion euro in loans to support the world’s oldest bank Monte dei Paschi di Siena. This decision has caused controversy in the community.  Read more »

Last Added Banks:

Chebanca

chebanca logo CheBanca is an Italian bank, headquartered in Milan. It was founded in 2008 as a retail bank of Mediobanca Group.  Read more »

Banca UniCredit

UniCredit Bank LogoBanca UniCredit SpA (up to May 2008 Italian Unicredit SpA ) is among the major banking groups in Europe and the world. It has registered office in Rome and administrative headquarters in Milan. Read more »

Mediobanca

Mediobanca Bank LogoMediobanca is an Italian credit institution founded in 1946 on the initiative of Raffaele Mattioli and Enrico Cuccia (who was the General Manager from its foundation to 1982). Today, it operates in international markets with offices in Paris, Madrid, Frankfurt, London, Moscow and New York. Read more »

Banca Monte dei Paschi di Siena

Banca Monte dei Paschi di Siena LogoBanca Monte dei Paschi di Siena (MPS), founded in 1472 as a pawn to give help to the needy classes of the population of the city of Siena, considered as the longest running bank in the world.  Read more »

Credito Emiliano

Credito Emiliano Bank LogoCredito Emiliano SpA (Credem Bank) is a financial institution based in Reggio Emilia, was founded in 1910 under the name of Banca Agricola Commerciale of Reggio Emilia. The current name was adopted in 1983, after the acquisition of the Milan Bank Belinzaghi. Read more »

Banco Popolare

Banco Popolare logoThe Banco Popolare is a group of co-operative banks, largest in Italy, characterized by a strong local roots, with 18,917 employees, more than 3 million customers and 2,000 branches.  Read more »

Veneto Banca

Veneto Banca logoVeneto Banca is an Italian bank, based in Montebelluna, in the province of Treviso.
It was founded in 1877 under the name of Banca Popolare di Montebelluna.  Read more »

Banca Sella

Banca Sella logoBanca Sella is an Italian private bank, owned by the family which holds the control of the Sella Group, one of the largest banking groups in Piedmont.  Read more »