Intesa Sanpaolo

Intesa Sanpaolo S.p.A.
Company typePublic
BITISP
FTSE MIB Component
ISINIT0000072618
IndustryFinancial services
Predecessors
FoundedJanuary 2007 (2007-01) (merger)
HeadquartersGrattacielo Intesa Sanpaolo, Turin, Italy
Number of locations
4,565 branches 3,611 in Italy
954 abroad
Areas served
Key people
Products
Increase €21.47 billion (2022)
Increase €4.35 billion (2022)
AUMIncrease 430 billion (2022)[1]
Total assetsIncrease €975,683 million (2022)
Number of employees
Decrease 95574 (2022)
Capital ratioIncrease 13.8% (Group CET1, 2022)
Rating
BBB(Fitch, 2022)[2]
baa1(Moody's, 2022)[3]
Websiteintesasanpaolo.com
Footnotes / references
in consolidated financial statement;[4] other source[5]

Intesa Sanpaolo S.p.A. is an Italian international banking group. It is Italy's largest bank by total assets and the world's 27th largest.[6] It was formed through the merger of Banca Intesa and Sanpaolo IMI in 2007, but has a corporate identity stretching back to its first foundation as Istituto Bancario San Paolo di Torino in 1583.

In 2020, the bank served approximately 14.6 million customers in Italy and 7.2 million customers in Central and Southeast Europe, Ukraine and Egypt through several subsidiares such as Bank of Alexandria, CIB Bank, PBZ and VÚB Banka.[7]

By 2010 its assets had grown to US$877.66 billion, ranking 26th in Forbes Global 2000.[8][9] The company is a component of the Euro Stoxx 50 stock market index.[10]

Intesa Sanpaolo has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.[11][12]

  1. ^ "Financial results : Assets Under Management" (PDF). intesasanpaolo.com. 31 December 2022. p. in PDF on Page 120 (Row 6 of the table).
  2. ^ "Fitch Affirms Intesa Sanpaolo at'BBB', Outlook Stable". Retrieved 17 July 2023.
  3. ^ "Banche, Moody's allinea outlook a quello sovrano: Intesa Sanpaolo, Bper, UniCredit, Credem e Carige" (in Italian). Retrieved 17 July 2023.
  4. ^ "Annual Report 2022" (PDF). Retrieved 17 July 2023.
  5. ^ "Company profile". Borsa Italiana. Retrieved April 24, 2015.
  6. ^ Ali, Zarmina (April 7, 2020). "The world's 100 largest banks". Standard & Poor. Retrieved June 23, 2020.
  7. ^ "IntesaSanpaolo Shareholder's Guide" (PDF). Retrieved 23 February 2021.
  8. ^ "The Global 2000 - Forbes.com". www.forbes.com. Retrieved 2019-07-16.
  9. ^ "Intesa Sanpaolo S.P.A." Archived from the original on 2012-02-29. Retrieved 2010-09-13.
  10. ^ Frankfurt Stock Exchange Archived 2019-02-08 at the Wayback Machine
  11. ^ "The list of significant supervised entities and the list of less significant institutions" (PDF). European Central Bank. 4 September 2014.
  12. ^ "List of supervised entities" (PDF). European Central Bank. 1 January 2023.

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