Intesa Sanpaolo was the largest bank in Italy in 2023, with total assets amounting to over 963 million euros. Intesa Sanpaolo, together with UniCredit S.p.A., dominates the banking sector in Italy. With over 3,000 offices around the country in 2023, Intesa Sanpaolo also boasted the highest number of branches in Italy.
The decreasing number of bank branches was not only due to the decrease in the number of banks and credit institutions. The growing penetration of online banking, as well as the increasingly widespread use of banking apps via mobile devices also contributed to the gradual loss of importance of physical branches. Finally, it is important to remember the rise of new players in the banking sector: digital banks and financial services providers have caught the attention of many customers in the last few years.
Largest banks in Italy as of December 2023, by total assets
(in billion euros)
Characteristic
Total assets in billion euros
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Statista. (June 19, 2024). Largest banks in Italy as of December 2023, by total assets (in billion euros) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/693548/leading-banks-assets-italy/
Statista. "Largest banks in Italy as of December 2023, by total assets (in billion euros)." Chart. June 19, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/693548/leading-banks-assets-italy/
Statista. (2024). Largest banks in Italy as of December 2023, by total assets (in billion euros). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/693548/leading-banks-assets-italy/
Statista. "Largest Banks in Italy as of December 2023, by Total Assets (in Billion Euros)." Statista, Statista Inc., 19 Jun 2024, https://www.statista.com/statistics/693548/leading-banks-assets-italy/
Statista, Largest banks in Italy as of December 2023, by total assets (in billion euros) Statista, https://www.statista.com/statistics/693548/leading-banks-assets-italy/ (last visited July 22, 2024)
Largest banks in Italy as of December 2023, by total assets (in billion euros) [Graph], Statista, June 19, 2024. [Online]. Available: https://www.statista.com/statistics/693548/leading-banks-assets-italy/