The Largest Banks in Italy

Following are the largest banks in Italy ranked by total assets in billions of U.S. dollars. Intesa Sanpaolo S.p.A. is the biggest Italian bank by assets and market capitalization. Headquartered in Turin, it is one of the leading banks in the eurozone. It serves about 21 million customers through over 4,250 branches in Italy and abroad. Unicredit Group is the second largest bank in Italy by assets. The top 10 Italian banks hold combined assets of US$3.5 trillion.

Rank Bank Total assets, US$b
1 Intesa Sanpaolo 1,041.53
2 Unicredit 915.664
3 CDP Group 510.367
4 Banco BPM 202.488
5 BCC Iccrea Group (1) 185.256
6 BPER Banca (2) 162.582
7 Banca Monte dei Paschi 128.283
8 BancoPosta 111.487
9 Banca Nazionale del Lavoro (3) 111.115
10 Credit Agricole Italia 103.177
11 Mediobanca (4) 97.808
12 Banca Mediolanum 78.566
13 Credito Emiliano (Credem) 69.432
14 Banca Popolare di Sondrio 61.759
15 FinecoBank S.p.A. 38.717
16 Deutsche Bank S.p.A. 32.453
17 Cassa Centrale Banca 25.315
18 Banca Sella S.p.A. 21.708

Total assets as of December 31, 2022, unless otherwise noted.
(1) - BCC Iccrea Group is the largest cooperative banking group in Italy.
(2) - BPER Banca S.p.A. was formerly known as Banca Popolare dell'Emilia Romagna.
(3) - Banca Nazionale del Lavoro (BNL) is a subsidiary of BNP Paribas.
(4) - Data as of June 30, 2023

Last updated October 1, 2024