Intesa Sanpaolo
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. 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.
Headquarters building in Turin | |||||
| Company type | Public | ||||
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Traded as | BIT: ISP FTSE MIB Component | ||||
| ISIN | IT0000072618 | ||||
| Industry | Financial services | ||||
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| Founded | January 2007 (merger) | ||||
| Headquarters | Grattacielo Intesa Sanpaolo, Turin, Italy | ||||
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| €21.47 billion (2022) | |||||
Net income | €4.35 billion (2022) | ||||
| AUM | €430 billion (2022) | ||||
| Total assets | €975,683 million (2022) | ||||
Number of employees | 95574 (2022) | ||||
| Capital ratio | 13.8% (Group CET1, 2022) | ||||
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| Website | intesasanpaolo | ||||
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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.
By 2010 its assets had grown to US$877.66 billion, ranking 26th in Forbes Global 2000. The company is a component of the Euro Stoxx 50 stock market index.
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.