Sanpaolo IMI
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| Sanpaolo IMI | |
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| Type | Public |
| Founded | 1563 as Compagnia di San Paolo |
| Headquarters | Turin, Italy |
| Key people | Alfonso Iozzo, CEO |
| Industry | Bank, Insurance |
| Revenue | € 9.726 bn (2004) |
| Employees | 44,000 (2006) |
| Website | Gruppo Sanpaolo IMI |
The Gruppo Sanpaolo IMI is one of Italy's major banking and insurance groups and it is based in Turin. It employs about 44,000 people and has about 7 million customers.
It has about 3,200 local offices where private, business and retail banking activities take place. It also manages savings and retirement funds.
Its main shareholders are the Compagnia di San Paolo and Banco Santander.
On August 24, 2006 a merger with Banca Intesa was announced. If the operation is successful the largest Italian bank would be created, and it would be one of the largest in the area of the euro.
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