Founded in 1472, Monte dei Paschi di Siena is the world’s oldest bank still in operation. Today it leads one of the major Italian banking groups with significant market shares in all the areas of business in which it operates.
The Montepaschi Group is active across Italy and in the major international financial markets with operations centred around traditional retail and commercial banking services and with a particular focus on households and small and medium enterprises.
The Group operates in all key business areas: leasing, factoring, corporate finance and investment banking.
The insurance-pension sector is covered by a strategic partnership with AXA while asset management activities are based on the offer of investment products of independent third parties.
The Group combines traditional services offered through its network of branches and specialised centres with an innovative self-service and digital services system enhanced by the skills of the network of financial advisors through Widiba Bank.
Foreign banking operations are focused on supporting the internationalisation processes of corporate clients in all major foreign financial markets.
Banca Monte dei Paschi di Siena and its subsidiaries operate in the different segments of the banking and financial industry with activities ranging from traditional banking to special purpose loans, asset management, bancassurance and investment banking.
Monte Paschi Fiduciaria may take on the custody of assets in its capacity as trustee and act as a protector in trusts.
Banca Widiba (Wise-Dialog-Bank) is the Group’s direct bank, offering a comprehensive and customisable online platform to over 600 personal advisors throughout Italy. Widiba manages a full range of savings and investment products and services on a daily basis. Moreover, it offers a totally paperless customer experience and enjoys a satisfaction rating of 4.8/5, based on more than 500,000 reviews.
Its relationship model is rooted in the expertise of its network of advisors, awarded the PF Awards in 2018. The network uses Robo 4 Advisor systems to help clients make an informed choice when defining their objectives and the most appropriate means of achieving same.
Monte Paschi Banque SA is the Group bank that support commercial trade and investments of Italian companies abroad.