Intesa Sanpaolo
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| Type | Public |
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| Founded | 2007, the merger of Banca Intesa and Sanpaolo IMI |
| Headquarters | Turin, Italy |
| Key people | Corrado Passera, CEO |
| Industry | Bank |
| Products | Commercial banking, Investment banking, Private banking, Asset management |
| Revenue | ▲US$ 48.305 billion |
| Net income | ▲US$ 9.923 billion |
| Total assets | US$ 837.6 billion |
| Employees | 115,000 |
| Website | http://www.intesasanpaolo.com |
Intesa Sanpaolo (BIT: ISP) is a banking group resulting from the merger between Banca Intesa and Sanpaolo IMI. It has clear leadership in the Italian market and a strong international presence focussed on Central-Eastern Europe and the Mediterranean basin.
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[edit] Banca Intesa
Banca Intesa S.p.A. focuses in four main business areas.
[edit] Retail Division
The Retail Division serves individuals, small businesses, small and medium enterprises and non-profit organizations; its main activities include retail banking, wealth management, private banking and industrial credit.
[edit] Corporate Division
The Corporate Division serves mid and large corporates, financial institutions and public administrations; its main activities include mergers and acquisitions and structured finance services, merchant banking, capital market, global custody and the specialized international network.
[edit] Italian Subsidiary Banks Division
The Italian Subsidiary Banks Division includes banking subsidiaries rooted in regional markets.
[edit] International Subsidiary Banks Division
The International Subsidiary Banks Division involves subsidiaries abroad, providing retail and commercial banking services mainly in Central-Eastern Europe. Banca Intesa has branches and representative offices in Europe, Asia, Latin and North America, and Africa.
[edit] Sanpaolo IMI
The Gruppo Sanpaolo IMI is one of Italy's major banking and insurance groups and it is based in Turin. It employs about 44,000 people and it has about seven million customers.
It has about 3,200 local offices where private, business and retail banking activities take place. It also cares about savings and retirement funds.
[edit] Subsidiaries
- Banca Fideuram, Italy
- Banca Intesa Beograd, Serbia
- Banka Koper, Slovenia
- Privredna banka Zagreb, Croatia
- CIB Bank, Hungary has merged with Inter-Európa Bank Hungary following the merger of Banca Intesa and Sanpaolo IMI.
- Intesa Sanpaolo Bank Albania, Albania
- Bank of Alexandria, Egypt
- Pravex Bank, Ukraine
- KMB Bank, Russia
- VÚB Banka, Slovakia
[edit] See also
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