Banks in Italy
People's banks (ital. Banca popolare) represent a cooperative banks engaged in lending to small and medium-sized businesses. In legal terms, they are subject to the provisions established for the co-operative institutions, in particular, the limited size of the fund units participating, as each participant can use only one vote regardless of the size of the unit. As of June 30, 2010 in Italy there were 103 registered people's banks operating through 9,586 branches, and employing 83,500 people.
Savings banks (ital. Cassa di risparmio) in Italy are engaged in the accumulation of small savings. The first savings bank, Cassa di Risparmio di Venezia appeared on January 12, 1822 in Venice. In 1880 in Italy there were 183 working savings banks, and by 1927 there were already 204. But then began the process of bank mergers, which led to a significant reduction of this number. As of December 2010, in Italy there were 87 active savings banks.
List of Italian Banks
Banca Mediolanum S.p.A. is a bank in Italy, part of the Mediolanum Group, headquartered in Basiglio (MI). Banca Mediolanum is a multi-channel bank, which operates through a sales network of over 5,000 family bankers and technological channels such as: Internet, phone, mobile, and teletext. Read more »
Credem Bank (Credito Emiliano SpA) is a financial institution based in Reggio Emilia, which 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 Banca Belinzaghi. Read more »
CheBanca is an Italian bank, headquartered in Milan. It was founded in 2008 as a retail bank of Mediobanca Group. Read more »
Banca UniCredit SpA (up to May 2008 Italian Unicredit SpA ) is one of the major banking groups in Europe and in the world. It has registered offices in Rome and its administrative headquarters is in Milan. The group has over 40 million customers and is active in 22 countries: the main markets in which it operates are Italy, Austria, Southern Germany, Switzerland and Central and Eastern Europe. Read more »
Banca Popolare di Milano is a cooperative company with limited liability, which was established in Milan in 1865.
The bank’s heading banking group BPM Group is the eleventh in Italy by market capitalization. Read more »