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Home > Company Index > Banking > Banking - Europe > Banca Nazionale del Lavoro S.p.A.

Banca Nazionale del Lavoro S.p.A.
 PROFILE
Everyone has wanted a piece of Banca Nazionale del Lavoro (BNL) since the Italian government's decision to privatize the bank, one of Italy's largest. BNL has about 700 locations throughout Italy; it also has a strong foreign presence with over 30 offices in some 20 countries. The bank caters to the needs of businesses and public entities, with an emphasis on medium-sized clients. Upon BNL's privatization, Spain's Banco Bilbao Vizcaya Argentaria bought 10%, followed by Assicurazioni Generali, which owns about 7%. BNL plans to take part in technology initiatives and internal restructuring regimens.

 COMPETITION
Banca di Roma (BRM)
IntesaBci S.p.A. (BIN)
UniCredito Italiano S.p.A. (UC)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 6,159.50
1-Yr. Sales Growth: 2.5%
Employees: 24,700
Revenue per employee: $249,372.47

 KEY PEOPLE
• Davide Croff
    CEO
• Ricardo Lupe
    CFO

 CONTACT INFO
Via Vittorio Veneto, 119
Rome, Italy
Phone: 39-06-47-02-1
Fax: 39-06-47-02-7336
Online: Web Site

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