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

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, whcih 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.

List of banks by total assets

As of December 2022[1]
Rank (by Mediobanca)CompanyTotal Assets (billion €)RWAs (thousands €)Type
Steady 1Intesa SanpaoloIncrease 975.68domestic systemically important bank;[2] supervised by European Central Bank[3]
Steady 2UniCreditIncrease 857.77global systemically important bank (Bucket 1) identified by Financial Stability Board;[4] supervised by European Central Bank[3]
*Bank of Italycentral bank
Steady 3Cassa Depositi e PrestitiIncrease 400.69national investment bank, majority owned by the Ministry of Economy and Finance
*BancoPosta division of Poste italianejoint-control by Cassa Depositi e Prestiti and the Ministry of Economy and Finance
*Istituto per il Credito Sportivoa subsidiary of the Ministry of Economy and Finance
Steady 4Banco BPMIncrease 189.69domestic systemically important bank;[2] supervised by European Central Bank[3]
Increase 5BPER BancaIncrease 152.3supervised by European Central Bank[3]
Steady 6Banca Monte dei Paschi di SienaIncrease 120.24domestic systemically important bank;[2] supervised by European Central Bank,[3] minority owned by Ministry of Economy and Finance (legacy of the 2017 bailout)
Steady 7Banca Nazionale del LavoroIncrease 104.09subsidiary of BNP Paribas
Decrease 8MediobancaIncrease 93.74supervised by European Central Bank[3]
Steady 9Crédit Agricole ItaliaDecrease 58.42subsidiary of Crédit Agricole
10Banca MediolanumIncrease 73.6Also an leading insurance company, supervised by European Central Bank
11Credito EmilianoIncrease 65.04supervised by European Central Bank[3]
12Banca Popolare di SondrioIncrease 53.30supervised by European Central Bank[3]
*ICCREA BancaDecrease 38.12 [5]:375Steady 12,834,414[5]:30clearing house owned by 300+ regional banks, supervised by European Central Bank[3]
13Deutsche Bank (Italy)Steady 23.93subsidiary of Deutsche Bank AG
14Banco di Desio e della BrianzaIncrease 13.98
15Banca Sella GroupIncrease 13.97
16Banca di Credito Cooperativo di RomaIncrease 11.59Will be part of ICCREA Banca Group as shareholder
17Cassa di Risparmio di AstiDecrease 11.51
Note: Banks with assets less than €10 billion were omitted from this wiki list. Barclays Bank, Italian branch was also excluded

See also

References

  1. 1 2 "Largest Italian banks in 2022, by total assets". September 2021. Retrieved 20 December 2023.
  2. 1 2 3 "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. 1 2 3 4 5 6 7 8 9 "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. 1 2 2018 Bilancio Consolidato [2018 Consolidated financial report] (PDF) (in Italian). ICCREA Banca. 18 June 2018. Retrieved 14 November 2018.
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