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Home > Company Index > Banking > Banking - Europe > Banca Monte dei Paschi di Siena SpA

Banca Monte dei Paschi di Siena SpA
 PROFILE
Banca Monte dei Paschi di Siena SpA (BMPS) is becoming a feeder in the eat-or-be-eaten world of Italian banking. Among Italy's 10 largest banks, BMPS and subsidiaries provide consumer and business banking services at more than 1,900 branches and offices located throughout Italy. It also offers mutual funds and insurance products. The bank has limited operations in about 15 other countries. Banca Monte dei Paschi, which claims to be the oldest bank in the world, was founded in 1472 to help the poor. It is controlled by the Fondazione Monte dei Paschi. The bank has an alliance with Telecom Italia Mobile to operate PaschiInRete, an online mobile banking service using wireless application protocol.

 COMPETITION
Banca di Roma (BRM)
IntesaBci S.p.A. (BIN)
Sanpaolo IMI S.p.A. (IMI)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 7,589.90
1-Yr. Sales Growth: 10.0%
Employees: 28,046
Revenue per employee: $270,623.26

 KEY PEOPLE
• Divo Gronchi
    CEO

 CONTACT INFO
Via Dell' Abbadia, 5
53100 Siena, Italy
Phone: 39-0577-294-494
Fax: 39-0577-294-313
Online: Web Site

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