Intesa Sanpaolo is “Bank of the Year in Western Europe” according to The Banker

Image of one of the Intesa Sanpaolo offices in Milan illuminated with the colors of the Italian flag

Intesa Sanpaolo has been awarded as ‘Bank of the Year in Western Europe’ and ‘Bank of the Year in Italy’ by The Banker, the specialist publication of the Financial Times Group.

The award marks the first time that an Italian bank has received the recognition as best bank in Western Europe.

In its selection, The Banker’s panel of international judges considered Intesa Sanpaolo’s strong financial performance and the successful merger with UBI Banca that has created an Italian banking champion able to successfully compete at the European level.

The panel gave particular importance to the vital role Intesa Sanpaolo has played in supporting the Italian economy and society throughout the COVID-19 pandemic.

The Banker also noted Intesa Sanpaolo’s taking the lead in the development of Italy’s green economy.

Intesa Sanpaolo was also recognized in Croatia and in Serbia with PBZ receiving the ‘Bank of the Year in Croatia’ award and Banca Intesa Beograd receiving the ‘Bank of the Year in Serbia” award.