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 banking group as a result of their transformation into joint-stock companies.
With 25,000 employees and 2,500 branches, Gruppo Banco BPM is the third-largest banking group in
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 productive regions such as Lombardy, Veneto and Piedmont.
Its strong local presence has made it a national leader in several high value-added businesses, being
in a unique position to take advantage of its widespread network, a portfolio of highly recognisable
brands and cross-selling opportunities between product factories.
In the Group’s revamped core business model, human resources represent a key element, being
handled through a clear programme of personnel management and development, with major
investments in training and new commercial skills. Moreover, the strong tradition of cooperative banks
has inspired the new banking group to pursue a mission to create lasting value for shareholders and
local areas through sustainable growth and profitability.