15 April 2017

OK, so you’ve decided to open a bank account. You have done your research and have found some banking ‘possibilities.’ They look fine to you, and you appear to be acceptable to them. With that first hurdle over, you need to apply some more selection criteria. When choosing a bank to dump your hard earned cash into, there are factors you must take into account (besides of course privacy and confidentiality)…………..stability.

Stability – is it a solid, well-established solvent bank that has an almost impossible chance of folding?

There is no reason to save your hard-earned cash from your taxman, only to have it disappear into a virtual black hole due to instability. These days with the internet, it is relatively easy for anyone to set up a bank. All you need is a license, a strong database, few fantastic software engineers and some paperwork to carry out and boom you’re an online bank owner. Consequently, before investing any money, make sure the bank you are investing in is run by professional bankers and not by some Italian teenager with good web programming and design skills, who just decided last month that it would be profitable to be a bank president!. It’s no news anymore that Italian banks are going through one of their greatest economic challenges of all time and a whole of them are far from stable as it stands. However, there are some banks in Italy who have stood the time of time and simply get better with age, just like an Italian grape wine; ladies and gentlemen I present to you two of the most stable banks in the land of Italy.

Unicredit Bank Group

 Intesa Sanpaolo bank Group.

The Unicredit bank Tower in Milan is seen by many as a symbol of a resurgent Italy: a measure of how far the country has come since the depths of its post-crisis recession. Fitting then that UniCredit’s chief executive, Federico Ghizzioni could use the imposing 231m-tall skyscraper to announce a blueprint that he said would guarantee the future of Italy’s largest bank by assets.

Unicredit bank is an Italian global banking and financial services company and its network spans 50 markets in 17 countries, with more than 8,500 branches and over 147,000 employees. Its strategic position in Western and Eastern Europe gives the group one of the region’s highest market shares. The company is a component of the Euro Stoxx 50stock market index which simply consolidates how big they are and how they can almost never go down.

In recent years, UniCredit has consolidated its position in Austria, Germany, and Italy and these three countries collectively represent one of the continent’s wealthiest transnational regions. The Unicredit bank group has strengthened its presence both through organic growth and strategic acquisitions. And as a matter of fact, the best bank in Italy by ranking and would never go down.


Intesa Sanpaolo is another banking group which was formed by the merger of Banca Intesa and Sanpaolo IMI banks. The merger brought together two major Italian banks with shared values so as to increase their opportunities for growth, enhance service for retail customers and significantly support the development of businesses and make an important contribution to the country’s growth.

Intesa Sanpaolo is among the top banking groups in the euro zone, with a market capitalization of about 36.3 billion euro.

Intesa Sanpaolo is the leader in Italy in all business areas (retail, corporate, and wealth management). The Group offers its services to 11.1 million customers through a network of approximately 4,000 branches well distributed throughout the country with market shares no lower than 12% in most Italian regions.

The bank has a selected presence in Central Eastern Europe and Middle Eastern and North African areas with approximately 1,200 branches and 7.8 million customers belonging to the Group’s subsidiaries operating in commercial banking in 12 countries.

The bank is being rated as the second best bank in Italy, behind the almighty Unicredit bank and has taken the right decisions down the years to get the stability other banks can only dream of.

The above banks discussed above are 2 of the very best banks anywhere in the country Italy.

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