November 17, 2017
Financial Quotes
" The waste of money cures itself, for soon there is no more to waste. "

M.W. Harrison

Banks in

Intesa Sanpaolo is one of the most important financial groups of the world, widely acknowledged for the stability and the solidity of the businesses it runs on a global scale. Intesa Sanpaolo is the leader of the Italian banking market, it operates in over 40 countries and has a strong presence both in the Central and Eastern Europe and in the Mediterranean area. One of the strategic goals that the Intesa Sanpaolo group is committed to at a global level targets the constant growth and improvement of services on the retail market as well as and on the corporations market, aiming to strengthening its status as one of the most important financial players and a LEADER bank in all the countries it operates in, Romania included. The Commercial Bank Intesa Sanpaolo Romania S.A. (Intesa Sanpaolo Bank) is the name under which it officially operates in Romania, starting with the 14th of January 2008, the biggest financial group from Italy and one of the first 10 in the world. The history of this bank on the local market started since 1996 in the West of the country, at Arad, as a financial institution specialized in products and services for small and medium enterprises (SMEs). After the global merger between the Intesa and Sanpaolo IMI groups, the bank has stepped into a new development phase, as Romania became a strategic market and a priority for the rapid expansion of the new Intesa Sanpaolo group. At present Intesa Sanpaolo Bank follows an accelerated strategy of organic growth at the local level, which is meant to push the bank forward as a universal financial institution with national coverage and distribution. The objective of the Bank is to become a quality leader, offering its customers innovative products and services that will make a difference on the Romanian banking market. Intesa Sanpaolo Bank has a national network of branches and offices across all the country.
General Informations
HQ Address: B-dul Revolutiei nr. 88, Arad, Romania
Opening Times: N/A
Phone: 0257 308 200
Fax: 0257 285 998; 0257 285 335
Web: Intesa Sanpaolo Bank Romania
Branches: 77 Founded: 2007

Intesa Sanpaolo is one of the top banking groups in the European Union, the largest in Italy. Intesa Sanpaolo was created on January 1, 2007, through the merger of two leading Italian banking groups, Banca Intesa and Sanpaolo IMI. The first steps toward the merger process were taken on August 26, 2006, when the Boards of Directors of the two banks approved the guidelines for a merger plan. The plan was then agreed by the Boards on October 12 and ratified by the Extraordinary Shareholders' Meetings of the two banks on December 1 of the same year. Banca Intesa was formed in 1998 from the merger of Cariplo and Banco Ambrosiano Veneto. In 1999, Banca Commerciale Italiana (BCI) joined the Intesa Group. With the subsequent merger of BCI into Banca Intesa (May 2001), the group took the name IntesaBci. In December 2002 the Shareholders' Meeting resolved the change of the company name to Banca Intesa, effective as of January 1, 2003. Sanpaolo IMI was formed in 1998 from the merger of Istituto Bancario San Paolo di Torino and IMI (Istituto Mobiliare Italiano). These two banks were highly complementary: Istituto Bancario San Paolo di Torino was specialised in retail lending, IMI, a public entity founded in 1931 to support the reconstruction of the national industrial system, was a leading business and investment bank.
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