Intesa Sanpaolo is an Italian banking and financial services company headquartered in Turin, Italy. It was formed in January 2007 through the merger of Banca Intesa and Sanpaolo IMI, two of Italy's largest banks. Banca Intesa was founded in 1998 as a merger between Banca Commerciale Italiana and Cariplo, which were both established in the late 1800s.

Sanpaolo IMI, on the other hand, had its origins in Banca di Torino, founded in 1753, making it one of Italy's oldest banks. The merger of these two institutions created Intesa Sanpaolo, which quickly became the largest banking group in the country. Intesa Sanpaolo offers a wide range of products and services to its customers, including retail and corporate banking, asset management, insurance, and investment banking.

The bank operates through a network of branches, ATMs, and digital channels, providing financial solutions to individuals, businesses, and institutional clients. On a global scale, Intesa Sanpaolo has a significant presence not only in Italy but also in Central and Eastern Europe, the Middle East, and North Africa. The bank has subsidiaries and branches in countries such as Slovenia, Croatia, Serbia, Egypt, and several other countries.

Intesa Sanpaolo has also formed important partnerships and joint ventures to enhance its operations. In 2007, the bank entered into a strategic partnership with Russian bank VTB, acquiring a minority stake. It also has a joint venture with Allianz, one of the world's leading insurance companies, called Intesa Sanpaolo Vita.

In terms of market position, Intesa Sanpaolo is one of the leading banks in Italy and has a strong presence in the European banking sector. It is considered one of the largest banking groups in the Eurozone by market capitalization. Intesa Sanpaolo has been recognized for its financial stability and solid performance, consistently ranking among the top banks in Italy and Europe.

In recent years, the bank has focused on digital transformation and innovation, investing in advanced technology and improving its digital offerings. It has also been actively involved in sustainable finance and socially responsible initiatives, aligning its business operations with environmental and social goals. As of the latest available information, Intesa Sanpaolo continues to thrive as a prominent player in the banking industry, maintaining a strong market position in Italy and expanding its presence globally.

It remains committed to delivering value to its stakeholders and driving sustainable growth in the financial sector