List of banks in Italy

The following list of banks in Italy is to be understood within the framework of the European single market and European banking union, which means that Italy's banking system is more open to cross-border banking operations than peers outside of the EU.

Policy framework

European banking supervision distinguishes between significant institutions (SIs) and less significant institutions (LSIs), with SI/LSI designations updated regularly by the European Central Bank (ECB). Significant institutions are directly supervised by the ECB using joint supervisory teams that involve the national competent authorities (NCAs) of individual participating countries. Less significant institutions are supervised by the relevant NCA on a day-to-day basis, under the supervisory oversight of the ECB.[1] In Italy's case, the NCA is the Bank of Italy.[2]

Significant institutions

As of 2025-11-1, the ECB had the following 11 banking groups based in Italy in its list of significant institutions.[3]

A study published in 2024 assessed that the bank with by far most aggregate assets in Italy (as opposed to total consolidated assets) as of end-2023 was Intesa Sanpaolo at €869 billion, followed by UniCredit (€274 billion), Banco BPM (€202 billion), the Iccrea Group (€175 billion), Crédit Agricole (€160 billion, via Crédit Agricole Italia), BPER (€142 billion), Monte dei Paschi di Siena (€122 billion), BNP Paribas (€103 billion, via Banca Nazionale del Lavoro), the Cassa Centrale group (€90 billion), Mediobanca (€84 billion), Banca Mediolanum (€78 billion), and Credito Emiliano (€68 billion).[4] Italy is also home to subsidiaries of three other euro-area significant institutions, namely Deutsche Bank (via Deutsche Bank SpA), Santander

Less significant institutions

As of 2025-9-1, the ECB's list of supervised institutions included 142 Italian LSIs.[3]

Third-country branches

As of 2025-10-13, the following banks established outside the European Economic Area had branches in Italy ("third-country branches" in EU parlance):[7]

• Bank of China
• 🇮🇷 Bank Sepah
• 🇺🇸 Citigroup
• 🇺🇸 JPMorgan Chase
• Mitsubishi UFJ Financial Group
• Mizuho Financial Group
• 🇮🇷 Persia International Bank

Other institutions

The Bank of Italy, Cassa Depositi e Prestiti, and BancoPosta are public credit institutions that do not hold a banking license under EU law.[8]

Defunct banks

Numerous former Italian banks, defined as having been headquartered in the present-day territory of Italy, are documented on Wikipedia in English. They are listed below in chronological order of establishment, divided into two categories depending on whether or not they qualified at some point as early central banks and/or banks of issue.[9] In mainstream narratives of the history of banking, Italy is widely viewed as the birthplace of modern European financial practices during the High Middle Ages and Renaissance, first in the form of family banks and later through municipal public banks known as mount of piety. Moreover, many local savings banks were established in the second and third quarters of the 19th century and, unlike in most other European countries, did not consolidate into a single national network.

See also

• History of banking in Italy
• List of banks in the euro area
• List of banks in Europe