Bcc Milano

Name

Bcc Milano

Legal name

Banca di Credito Cooperativo di Milano S.c.

Website

https://bccmilano.it

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

501–1,000 employees

Short description

BCC Milano is an Italian cooperative bank operating 61 branches across Lombardy, serving retail customers, businesses, professionals, and non-profit organizations with current accounts, mortgages, loans, insurance, and investment products as part of Gruppo BCC Iccrea.

Ownership category

akta.pro rank

Product category

Cooperative Banking

NAICS

Commercial Banking (52211), Credit Unions (522130)

SIC

State Commercial Banks (6022), Commercial Banks, Nec (6029)

akta.pro primary industry

Cooperative Banks (Member-Owned Commercial/Retail) (FSABAEAF)

akta.pro secondary industry

Federations/Centrals & Cooperative Banking Networks (2nd-Tier Co-ops) (FSABAEAL)

Keywords

• Cooperative banking services
• Retail banking products
• Mortgage lending services
• Open banking APIs
• Member-owned banking

Headquarters

HQ city

Carugate

HQ country

Italy

HQ region

Europe

Offices59 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Interest Income: Traditional banking revenue from interest margins on loans, mortgages, and credit products extended to retail customers, businesses, and professionals.
2. Fee and Commission Income: Revenue from account maintenance fees, transaction fees, payment services, investment product distribution commissions, and insurance intermediation.
3. Investment Products Distribution: Distribution of investment products including funds, bonds, and financial instruments with associated distribution fees and commissions.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Bcc Milano is a cooperative bank (Banca di Credito Cooperativo) operating under the Gruppo Bancario Cooperativo Iccrea. It provides retail and commercial banking products including current accounts, credit cards, loans, mortgages (Mutuo ScegliMi), insurance, investments, and savings products, delivered through 61 physical branches across Lombardy and digital channels including the RelaxBanking online platform. The bank also offers online lending via Crediper, a solidarity crowdfunding platform (VIS), investment products distributed in partnership with UBS, and a dedicated member portal (E20BCC).

Product overview

Bcc Milano operates as a cooperative bank (Banca di Credito Cooperativo) within the Gruppo Bancario Cooperativo Iccrea. The bank offers a comprehensive portfolio of retail and commercial banking products and services, including current accounts, credit cards, loans, mortgages (Mutuo ScegliMi), online lending (Crediper), insurance, and investment products. Digital banking services are delivered primarily through RelaxBanking platform. The bank also provides specialized offerings including solidarity crowdfunding (VIS), investment products (UBS Orizzonte 2032), and dedicated services for private individuals, businesses, and non-profit organizations. Membership benefits are accessible through E20BCC portal with exclusive advantages such as reduced loan processing fees.

Differentiator

Problem solved

Functional benefit

Brands

• RelaxBanking: Digital banking platform and online services
• Crediper
• VIS
• E20 BCC

Products and services

• RelaxBanking Online and mobile banking platform providing account management, transactions, document downloads, and access to banking services for retail and business customers. Links to trasparenza bancaria (banking transparency) and fogli informativi (information sheets).
• Mutuo ScegliMi Mortgage loan product with fixed rate at 2.70% (TAEG 2.91% for classes A and B) and variable rate (Euribor 3 months + 0.45% spread). Maximum financing €400,000, maximum duration 30 years for energy classes A and B and 25 years for other classes.
• Crediper Online lending product offered by BCCs adhering to Gruppo BCC Iccrea that allows online loan simulation and application through a digital channel.
• VIS Solidarity crowdfunding platform operated by BCC Milano that supports fundraising for social projects through periodic crowdfunding events and community-driven campaigns.
• UBS Orizzonte 2032 Multi-asset global investment product with capital guarantee offering exposure to global markets with a disciplined approach, distributed by BCC Milano in partnership with UBS as 'UBS Orizzonte 2032 con Garanzia'.
• Portale Soci (E20BCC) Digital portal for bank members/soci providing access to exclusive services, shareholder information, and member-only offerings including discounts on loan processing fees and 10 basis points reduction on mortgage rates.
• Current Accounts (Conti Correnti) Current account products offered across three customer segments: individuals and families (Privati e famiglie), businesses and professionals (Imprese e professionisti), and entities and non-profits (Enti e no profit). Bank stamp duty on securities accounts waived for 2026 up to €2,000 annually for qualifying customers.
• Credit Cards (Carte) Credit card products available for retail and business customers, supported by a card blocking service reachable from Italy and abroad.
• Insurance and Pensions (Assicurazioni e Previdenza) Insurance and pension products distributed by BCC Milano as an IVASS-registered insurance intermediary (RUI registration D000027222), offered across retail, business, and non-profit customer segments.
• Loans and Financing (Finanziamenti) Personal and business financing products including consumer loans and business loans, with preferential terms for cooperative members including a 50% discount on loan processing fees.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature2 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Gruppo Bancario Cooperativo IccreacoreChannel Partner/ Reseller/ DistributorBCC Milano is an integral member of the Gruppo Bancario Cooperativo Iccrea, Italy's largest cooperative banking group. The group provides centralized services, technology platforms (including RelaxBanking), product development, risk management, and regulatory coordination. Members maintain operational autonomy while benefiting from shared infrastructure and brand.
• CBI GlobecoreTechnology or IntegrationCBI Globe provides the open banking infrastructure for PSD2 compliance, enabling Third Party Providers to access account information services and payment initiation. BCC Milano, through its group membership, participates in this national open banking ecosystem.
• UBSminorStrategic or Co-development PartnerBCC Milano offers UBS investment products including 'UBS Orizzonte 2032 con Garanzia', a multi-asset global investment product with capital guarantee, distributed through the bank's branch network.
• Fondazione TavecchiominorOthersBCC Milano supports Fondazione Tavecchio through its mutual aid and social responsibility programs, with the foundation presenting at the bank's Social Balance Sheet 2024 event.
• LILT Milano Monza BrianzaminorOthersBCC Milano partners with LILT (Lega Italiana per la Lotta contro i Tumori) Milano Monza Brianza, supporting their social projects as part of the bank's community support initiatives.
• Cooperativa La MeridianaminorOthersBCC Milano supports Cooperativa La Meridiana, a social cooperative, through its mutual aid programs, with the cooperative presenting at the bank's Social Balance Sheet 2024 event.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• BPER Banca: BPER Banca is one of Italy's top 5 commercial banks with strong presence in Lombardy and northern regions — competing with BCC Milano in retail mortgages, SMB lending, and deposit gathering.
• Banco BPM: Banco BPM is a major listed Italian commercial bank formed from the merger of Banco Popolare and BPM — directly competes with BCC Milano for retail, SMB, and mortgage customers across northern Italy including Lombardy.
• Crédit Agricole Italia (Cariparma): Crédit Agricole Italia (formerly Cariparma) is a major Italian retail and corporate bank with strong Lombardy presence — competing head-on with BCC Milano in mortgages, current accounts, and SMB banking.

Direct peers

• Banca Sella: Banca Sella is an Italian family-owned commercial bank with strong focus on SMBs, digital banking innovation, and open banking — directly comparable as a regional/tech-forward Italian bank competing for the same retail and SMB segments.
• Banca di Credito Cooperativo di Roma: BCC Roma is one of Italy's largest cooperative banks operating in the Rome metropolitan area under Gruppo BCC Iccrea — directly comparable to BCC Milano as a major urban-area BCC with similar member-owned model, retail/SMB focus, and Iccrea group affiliation.
• Cassa Centrale Banca: Cassa Centrale Banca is the second major Italian cooperative banking group (Trentino-based), coordinating over 60 BCCs nationwide — directly comparable to Gruppo BCC Iccrea / BCC Milano as a competing cooperative banking federation with similar structure, members, and products.

Emerging players

• Illimity Bank: Illimity is an Italian digital-native challenger bank focused on SME lending, distressed credit, and digital banking — competes with BCC Milano for SMB customers in Lombardy while representing the digital-first competitive threat to traditional cooperative banks.
• Banca Aidexa: Banca Aidexa is an Italian digital SME-focused challenger bank providing online lending and treasury products — competes with BCC Milano for digitally native SMB customers in Lombardy looking for faster, digital-first banking alternatives.
• Banca Mediolanum: Banca Mediolanum is an Italian retail-focused bank with strong advisory, bancassurance, and digital wealth management offering — competes with BCC Milano for affluent retail and family-segment clients, especially for investment and insurance products.

Others

• Iccrea Banca: Iccrea Banca is the parent company and central institution of Gruppo BCC Iccrea — provides centralized treasury, technology, and product services to BCC Milano and other member banks; a direct counterparty and ecosystem enabler rather than a competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/bcc_milano
• YouTubeyoutube.com/BCCMilano
• Facebookfacebook.com/BCCMilano
• LinkedInit.linkedin.com/company/bccmilano
• Instagraminstagram.com/bcc_milano

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bcc Milano