Overview
Description
Banca Monte dei Paschi di Siena S.p.A. is a prominent financial institution based in Italy, widely recognized for its historical significance as the world's oldest surviving bank, established in 1472. The bank primarily functions to provide consumer and corporate banking services, focusing on activities such as lending, deposits, and wealth management. Its operations are predominantly concentrated in Italy, with a strong client base across retail, small and medium enterprises, and larger corporations.
Some of the bank's notable features include its extensive network of branches and ATMs across the country, providing accessibility and convenience to its customers. Banca Monte dei Paschi di Siena is involved in various sectors, including personal finance, investment banking, insurance services, and specialized lending tailored to support both private and public sector investments.
In the financial market landscape, the bank plays a crucial role in the Italian economy, contributing to financial stability and growth through its wide range of financial products and services. Despite facing challenges in recent years, the bank remains a key player in the Italian banking sector, continually adapting to changing market dynamics and regulatory environments.
About
CEO
Mr. Luigi Lovaglio
Employees
16678
Address
Piazza Salimbeni 3
Siena, 53100, SI
Italy
Siena, 53100, SI
Italy
Phone
39 0577 29 41 11
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Banks - Regional
Country
United States
MIC code
PINX