Intesa Sanpaolo is the banking group born from the merger of Banca Intesa and Sanpaolo IMI. Intesa Sanpaolo to act as a benchmark in value creation in the European banking sector. The Group is the union of two major Italian banks reality characterized by common values which are aggregated to grow, to better serve families and further contribute to enterprise development and growth of the country.
The mark of Intesa Sanpaolo is an expression of history and values of two players in the credit sector in Italy - Banca Intesa and Sanpaolo IMI - have agreed to combine their energies and resources to create the largest banking group in Italy and a of the largest in Europe.
Intesa Sanpaolo was created on 1 January 2007 by the merger of two major Italian banks reality Banca Intesa and Sanpaolo IMI.
The first steps towards the integration process begins on August 26 2006 when the Boards of Directors of both banks approved the guidelines of the proposed merger, then ratified on October 12 and endorsed by the respective Extraordinary Shareholders on 1 December of that year.
Intesa Sanpaolo is among the first groups eurozone bank with a market capitalization of 29.5 billion euros and is leader in Italy in all business areas (retail, corporate and wealth management). Through a network of 6518 branches capillary and well distributed throughout the territory, with market shares above 15% in most regions, offering its services to approximately 11.4 million customers.
Intesa Sanpaolo growth strategy seeks to create solid value and sustainable in economic and financial, social and environmental issues, built on the confidence of all the stakeholders and based on the following values:
In view of relations and dialogue between Intesa and Sanpaolo communities in which it operates, the cultural projects are a practical way to ensure the active participation of the life of the country and contribute to its cultural development, as well as economic and social development.
Recognizing the principle of "civic responsibility" the reference priority of its social and cultural policies, the Bank's engagement in the culture is realized by combining constantly initiatives designed and made by - from self-goals - other actions in which a partnership is expressed active support and promotion of institutions of great relevance and scientific training.
The interventions initiated and handled directly by Intesa Sanpaolo move mainly on three pillars:
The share capital subscribed and paid amounted to euro 6.646.547.922,56.
A large group as bank Intesa Sanpaolo has a significant impact on social and environmental context in which carries on business. E 'responsibility for the Group therefore act not only by profit but with the objective of creating value for all those with whom enters into the report.
The strength of two big banks, combining sustainability with the financial objectives for long-term, the new group can further strengthen the commitment towards the creation of value extended to all stakeholders - customers, employees, shareholders, suppliers, environment and the community at large - and confirm the importance of corporate social responsibility as part of its strategy.
The Group is convinced that the choices socially and environmentally sustainable choices are also economically successful and believes it can create sustainable value over time only if the conduct of the following three solid lines - that economic financial, social and environmental - and if it is cemented by a transparent corporate governance.
Revenue: USD 48.305 billion
Net income: USD 9.923 billion
Total assets: USD 837.6 billion