Awards for Excellence 2009: Italy
Best Bank: Intesa Sanpaolo
Intesa Sanpaolo is among the top banking groups in the eurozone ranked by market capitalization and the clear leader in Italy in all business areas, across retail, corporate and wealth management. Thanks to a domestic network of 5,509 branches throughout the country, with market shares above 15% in most Italian regions, the group offers its services to about 11.2 million Italian customers. It has a leading share of loans and deposits.
The bank has managed to trade profitably through the financial crisis and economic downturn thus far. Intesa Sanpaolo can claim sound funding and liquidity, and higher coverage of non-performing loans than many of its domestic rivals.