Gruppo Banco BPM commences on 1 January 2017 following the merger of two major cooperative banks, Banco Popolare and Banca Popolare di Milano, which have created a solid, profitable and sustainable group as a result of their transformation into joint-stock companies.

With 25,000 employees and 2,300 branches, Gruppo Banco BPM is the third-largest banking group in Italy. It serves 4 million customers through an extensive and complementary distribution network and a comprehensive multi-channel model, benefiting from a leadership position in Northern Italy, particularly in Lombardy, Veneto and Piedmont.