Italy had 11 banking group (excluding banking group that owned by foreign banks) that were supervised by the European Central Bank directly. According to Mediobanca, the overall number of banks and credits institutions in Italy stands at 439 in 2022, which is a sharp decrease from the 740 that were operating in 2011.[1]
The ECB considersICCREA Banca (the federation of several Italian cooperative banks) as one banking group, just likeCassa Centrale Banca - Credito Cooperativo Italiano, while Mediobanca considers that the cooperative banks are individual entities, therefore BCC Iccrea Group and Cassa Centrale Banca are included in the list but not ranked.
| Rank (by Mediobanca) | Company | Total Assets (billion €) | Type |
|---|---|---|---|
| 1 | Intesa Sanpaolo | 944,024 | domestic systemically important bank;[2] supervised by European Central Bank[3] |
| 2 | UniCredit | 880,555 | domestic systemically important bank;[2] supervised by European Central Bank[3] |
| * | BancoPosta division ofPoste italiane | 590 | joint-control by Cassa Depositi e Prestiti and the Ministry of Economy and Finance (who both are also shareowners ofIstituto per il Credito Sportivo) |
| * | Bank of Italy | central bank | |
| 3 | Cassa Depositi e Prestiti | 390,502 | national investment bank, majority owned by theMinistry of Economy and Finance |
| 4 | Banca Monte dei Paschi di Siena | 238,084 | domestic systemically important bank;[2] supervised by European Central Bank,[3] minority owned by Ministry of Economy and Finance (legacy of the 2017 bailout) |
| 5 | Banco BPM | 213,164 | domestic systemically important bank;[2] supervised by European Central Bank[3] |
| 6 | BPER Banca | 204,839 | supervised by European Central Bank[3] |
| * | BCC Iccrea Group | 165,725 | cooperative banking group owned by 114 member cooperative banks, supervised by European Central Bank[3] |
| 7 | Banca Mediolanum | 144.421 | Also an leading insurance company, supervised by European Central Bank |
| 8 | Mediobanca | 110,505 | supervised by European Central Bank,[3] acquired byBanca Monte dei Paschi di Siena |
| 9 | Banca Nazionale del Lavoro | 93.04 | subsidiary ofBNP Paribas |
| * | Cassa Centrale Banca | 90,711 | cooperative banking group |
| 10 | Credito Emiliano | 65,046 | supervised by European Central Bank[3] |
| 11 | Banca Popolare di Sondrio | 55.86 | supervised by European Central Bank,[3] acquired byBPER Banca |
| 12 | Crédit Agricole Italia | 55.0 | subsidiary ofCrédit Agricole |
| 13 | FinecoBank | 35,36 | supervised by European Central Bank[3] |
| 14 | Deutsche Bank (Italy) | 30.87 | subsidiary ofDeutsche Bank AG |
| 15 | Banca Sella Group | 22.24 | |
| 16 | Banco di Desio e della Brianza | 18.63 | |
| 17 | Banca Ifis | 13.96 | |
| 18 | Cassa di Risparmio di Asti | 13.01 |
