PRESS RELEASE

INTESA SANPAOLO NAMED ITALY’S “BANK OF THE YEAR” BY THE BANKER

 

Turin, 2 December 2022 – Intesa Sanpaolo has been named “Bank of the Year in Italy” for the third consecutive year by The Banker, the Financial Times Group’s leading publication for the banking sector, on the occasion of the “Bank of the Year Awards 2022”.

Intesa Sanpaolo stood out for its role in supporting Italy’s National Recovery and Resilience Plan, providing more than €400 billion in new lending to the real economy, including €270 billion for businesses and €145 billion for households. In the context of the post-pandemic Recovery Plan, Intesa Sanpaolo is providing around €150 billion for households, communities and inclusion; €75 billion for the circular economy and green transition; and €60 billion for infrastructure, transportation and urban regeneration.

Furthermore, as part of the Group’s 2022-2025 Business Plan, Intesa Sanpaolo renewed its commitment to being a world-leading social impact bank, providing contributions of €500 million to support people in need and a project to provide 8,000 social housing units for young people and seniors, one of the largest social housing programs in Italy.

Intesa Sanpaolo’s support of Italy’s real economy continues in light of the current economic difficulties – driven by increasing prices and high energy costs – with extraordinary measures dedicated to businesses and households, with an allocation of €35 billion. Intesa Sanpaolo has also made one-off contributions totaling nearly €90 million to help the Group’s own People manage the increasing cost of living.

Carlo Messina, CEO of Intesa Sanpaolo, commented: “The prestigious recognition received once again underlines our commitment as the leading banking group in Italy to supporting growth that is both sustainable and inclusive. Social inequality is growing: this is the time for businesses to demonstrate concretely that they are socially responsible, using their resources to the benefit of the community”.

Regarded as the industry standard for assessing banks globally since 1926, The Banker’s “Bank of the Year” recognizes the world’s leading institutions. A rigorous and highly-analytical process is made to reach each “Bank of the Year” decision.

 

 

Intesa Sanpaolo

Media and Associations Relations

International and Digital Media Communications

international.media@intesasanpaolo.com

 

 

About Intesa Sanpaolo

Intesa Sanpaolo is Italy’s leading banking group – serving families, businesses and the real economy – with a significant international presence. Intesa Sanpaolo’s distinctive business model makes it a European leader in Wealth Management, Protection & Advisory, highly focused on digital and fintech. An efficient and resilient Bank, it benefits from its wholly-owned product factories in asset management and insurance. The Group’s strong ESG commitment includes providing €115 billion in impact lending by 2025 to communities and for the green transition, and €500 million in contributions to support people most in need, positioning Intesa Sanpaolo as a world leader in terms of social impact. Intesa Sanpaolo is committed to Net Zero by 2030 for its own emissions and by 2050 for its loan and investment portfolios. An engaged patron of Italian culture, Intesa Sanpaolo has created its own network of museums, theGallerie d’Italia, to host the bank's artistic heritage and as a venue for prestigious cultural projects.

 

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