Intesa Sanpaolo

Infobox_Company
company_name = Intesa Sanpaolo S.p.A.
company_
company_type = Public|(ISE|IT0000072618|ISP)
foundation = 2007, the merger of Banca Intesa and Sanpaolo IMI
location = Turin, Italy
key_people = Corrado Passera, CEO
num_employees = 98,000
industry = Bank
revenue = increaseUS$ 48.305 billion
net_income = increaseUS$ 9.923 billion
assets = US$ 837.6 billion
products = Commercial banking, Investment banking, Private banking, Asset management
homepage = [http://www.intesasanpaolo.com http://www.intesasanpaolo.com]

Intesa Sanpaolo (ISE|IT0000072618|ISP) is a new banking group resulting from the merger between Banca Intesa and Sanpaolo IMI. It has clear leadership in the Italian market and a strong international presence focussed on Central-Eastern Europe and the Mediterranean basin. Intesa Sanpaolo intends to become a benchmark for the creation of value in the European banking sector.

The new Group brings together two major Italian banks with shared values and improves their opportunities for growth as well as enabling enhanced service for retail customers, significant support for development of business customers and an important contribution to growth in all the countries where it operates.

Banca Intesa

Banca Intesa S.p.A. focuses in four main business areas. The Retail Division serves individuals, small businesses, small and medium enterprises and non-profit organizations; its main activities include retail banking, wealth management, private banking and industrial credit. The Corporate Division serves mid and large corporates, financial institutions and public administrations; its main activities include mergers and acquisitions and structured finance services, merchant banking, capital market, global custody and the specialized international network. The Italian Subsidiary Banks Division includes banking subsidiaries rooted in regional markets and the International Subsidiary Banks Division involves subsidiaries abroad, providing retail and commercial banking services mainly in Central-Eastern Europe. Banca Intesa has branches and representative offices in Europe, Asia, Latin and North America, and Africa.

Sanpaolo IMI

The Gruppo Sanpaolo IMI is one of Italy's major banking and insurance groups and it is based in Turin. It employs about 44.000 people and it has about 7 million customers.

It has about 3.200 local offices where private, business and retail banking activities take place. It also cares about savings and retirement funds.

Subsidiaries

* Banca Fideuram, Italy
* Banca Intesa Beograd, Serbia
* Banka Koper, Slovenia
* Privredna banka Zagreb, Croatia
* CIB Bank, Hungary has merged with Inter-Európa Bank Hungary following the merger of Banca Intesa and Sanpaolo IMI.

ee also

* Inter-Alpha Group of Banks