Intesa Sanpaolo is among the top banking groups in the euro zone. The Group is the leader in Italy in all business areas (retail, corporate and wealth management). Intesa offers its services to 11 million customers through a network of approximately 5,700 branches well distributed throughout the country with market shares above 15% in most Italian regions. Total assets: EUR 644.673 billion. Market capitalisation: EUR 29.8 billion (as of June 30, 2011). Net profit: EUR 2.705 billion (2010).
Intesa Sanpaolo has a selected presence in Central-Eastern Europe (CEE), the Middle East and North Africa with a network of more than 1,700 branches and 8.3 million customers of subsidiaries operating in retail and commercial banking in 13 countries. Moreover, an international network of specialists in support of corporate customers spreads across 29 countries, in particular in the Middle East and North Africa and in those areas where Italian companies are most active, such as the United States, Russia, China and India.
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Intesa Sanpaolo :: Press Releases
09.11.2011 Intesa Sanpaolo reports third quarter 2011 net income of €527 million, compared to €510 million in third quarter 2010.
28.10.2011 Following the estimates disclosed by the European Banking Authority (EBA) as regards the recapitalisation needs of Europe’s banks, Intesa Sanpaolo announces - at Consob’s request - that the Group does not need additional capital. More
18.07.2011 The Intesa Sanpaolo Group received the "Best Bank in Italy" award from Euromoney at a ceremony held in London. More
19.10.2010 Intesa Sanpaolo has signed an agreement with Fondazione Monte di Parma for the acquisition of a majority stake in the share capital of Banca Monte Parma. More
07.12.2009 At the Italian-Russian summit in Rome, Intesa Sanpaolo signed a framework agreement with the Russian bank Vnesheconombank (VEB) on support and development of trade between Russia and
Italy through joint projects to the benefit of SMEs. More
Financial News
Three Swiss bankers indicted by U.S. in tax crackdown - 09.01.2012 U.S. authorities are moving toward taking legal action against Wegelin & Co., which could lead to an indictment of one of Switzerland's last pure private banks, on charges that it enabled wealthy Americans to evade taxes, according to two persons with knowledge of the case. Source: Reuters
Islamic finance assets to hit US$ 1.1 trillion in 2012 - 22.11.2011 Islamic finance assets around the world are expected to climb 33% from their 2010 levels to $1.1 trillion by the end of 2012, boosted by the aftermath of the Arab Spring uprisings and dissatisfaction with conventional finance in the wake of the global debt crisis, consultants Ernst & Young said in a report on Tuesday. Source: Reuters
Spanish bank ratings downgraded by Fitch and S&P - 12.10.2011 Two leading credit rating agencies have downgraded some of Spain's largest banks, citing a deteriorating outlook for the Spanish economy. Source: BBC News
Spotlight on Islamic Retail Banking – strategies for fast growing industry - 07.10.2011 Islamic Banking is young but fast growing industry what brings challenges as need for standardization, expanding at the market (now < 1% population is banking Islamic Banks), lack of public awareness about Islamic Banking (misinterpretation) and limited resources of qualified people in this particular industry. Source: Fleming Gulf
JBIC inks $43bn credit line pact with Japan banks - 05.10.2011 The Japan Bank for International Cooperation (JBIC) said Wednesday that it has signed separate pacts with three major Japanese banks to give them a combined $43 billion, or Y3.3 trillion, credit line, as part of the government's steps to encourage companies to go ahead with M&As overseas. Source: Nikkei
U.S. banks begin charging monthly debit-card fees - 01.10.2011 Get ready for a new wave of bank fees. Bank of America will begin charging a $5 monthly fee at the beginning of next year for customers who make debit card purchases. Source: CNNMoney
Intesa Sanpaolo is among the top banking groups in the euro zone. The Group is the leader in Italy in all business areas (retail, corporate and wealth management). Intesa offers its services to 11 million customers through a network of approximately 5,700 branches well distributed throughout the country with market shares above 15% in most Italian regions. Total assets: EUR 644.673 billion. Market capitalisation: EUR 29.8 billion (as of June 30, 2011). Net profit: EUR 2.705 billion (2010).
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