Top Largest Banks in Italy

The top largest banks of Italy include UBI Banca, UniCredito Italiano, BPU Group, Banco Popolare, among others.

UBI Banca is the fifth largest Italian banking Group in terms of branches with a significant presence in the wealthiest areas of the country. It was created on 1 April 2007 from the merger between BPU Banca and Banca Lombarda. UBI Banca is a cooperative Group, listed on the Milan Stock Exchange and included in the FTSE/MIB index.

UniCredit Group (also known as UniCredito Italiano or UniCredit SpA) is one of the largest banking groups in Italy. UniCredit has been recognized for the third consecutive time the award Best Trade Finance Bank Award by Trade Finance Magazine.

BPU Group is the seventh largest banking group in Italy and the biggest co-operative credit bank, originated from the merger of the experience of groups responding to Banca Popolare di Bergamo-CV and Banca Popolare Commercio e Industria till June 2003.

Banco Popolare is the largest national cooperative bank and one of the largest five Italian Bank Groups. It is composed of a group of local banks very well rooted in their territories. Banco Popolare became a Group on 1 July 2007 with the merger of Banco Popolare di Verona e Novara and the Banca Popolare Italiana. The bank offers a variety of products and services to retail customers (families and small businesses), private customers (with considerable assets and specific financial needs) and corporate customers.

* Next: Borsa Italiana S.p.A. (Italy)

Author

Kelvin Wong Loke Yuen is an experienced writer with a strong background in finance, specializing in the creation of informative and engaging content on topics such as investment strategies, financial ratio analysis, and more. With years of experience in both financial writing and education, Kelvin is adept at translating complex financial concepts into clear, accessible language for a wide range of audiences. Follow him on: LinkedIn.

Popular posts from this blog

Advantages & Disadvantages of Reducing Balance Method

Advantages and Disadvantages of Swaps

How to Calculate Debenture Interest