Banca del Piemonte

What Banca del Piemonte does

Banca del Piemonte SpA is a privately held regional Italian bank founded in 1912, headquartered in Turin at Via Cernaia 7, and controlled by the Venesio family. It operates as a società per azioni with a single shareholder (unico socio) and is not listed on any public exchange. The bank serves two primary customer segments: retail individuals and families (Privati e Famiglie) and small-to-medium enterprises, professionals, and businesses (Imprese), distributing its services through a network of over 40 physical branches concentrated in the Piedmont region with an extension to Milan. Its go-to-market combines relationship-led branch banking with a multi-channel digital platform (BPnow for retail internet banking, CO.RE. Banking for corporate treasury, BP eDesk for digital document management, and BP OpenToYou for online-only customers), supplemented by video consultation via Microsoft Teams, iOS and Android mobile apps, and ATM infrastructure.

The product portfolio spans core banking (current accounts, deposit accounts, payment cards via Nexi partnership including debit, credit, prepaid, and Telepass), lending (mortgages including the green Soluzione BP Casa Green, personal loans, salary-backed loans via AVVERA, and business credit from short-term to global facilities, leasing, and digital factoring via Credimi), and fee-generating services (PNRR advisory, subsidized financing access, investment products via Kepler Cheuvreux, wealth management and private banking, and bancassurance distribution through Italiana Assicurazioni and Grifo Holding). Authentication and security are handled through Mobile Token BP (retail) and Key Token BP (corporate), with PSD2-compliant open banking access. The business model is traditional commercial banking: net interest income from lending, transaction and service fees from payments and accounts, and recurring distribution commissions on insurance and investment products. The bank reports a 15.8% Common Equity Tier 1 ratio (described as one of the most capitalized in Europe), holds 400 Banca d'Italia capital quotes, and is led by CEO Camillo Venesio, who also serves as Vice President of ABI (Associazione Bancaria Italiana).

Name

Banca del Piemonte

Legal name

Banca del Piemonte SpA

Website

https://bancadelpiemonte.it

Company type

Private

Founded year

1912

Operating status

Operating

Headcount range

251–500 employees

Short description

Banca del Piemonte is a privately held regional Italian bank founded in 1912, headquartered in Turin, serving retail and SME customers through 40+ branches and digital banking platforms across the Piedmont region and Milan.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

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

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

akta.pro secondary industries

Retail Wealth & Bancassurance Distribution (Investment & Insurance via Bank) (FSABAAAJ), Consumer & Retail (CPG, Food, Apparel) (FSABACAM)

Keywords

• Retail banking services
• Corporate banking
• Wealth management
• Mortgage lending
• Business financing

Headquarters

HQ city

Turin

HQ country

Italy

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Traditional banking interest income from lending products including mortgages (Soluzione BP Casa, Soluzione BP Casa Green), personal loans, and business financing
2. Commission Income: Fees from payment services, card transactions, and account management services
3. Investment Products: Distribution of investment products, insurance products, and financial instruments
4. Insurance Distribution: Bancassurance partnership with Italiana Assicurazioni for insurance product distribution

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Banca del Piemonte is a regional Italian bank providing retail and corporate banking services through 40+ branches in Piedmont and proprietary digital platforms. Its core offerings include current and deposit accounts, mortgages (Soluzione BP Casa and BP Casa Green), personal and salary-backed loans, Nexi-branded payment cards, POS and digital payment services, and short-, medium- and long-term business financing including leasing, factoring, and PNRR/subsidized loan advisory. The bank also distributes investment, insurance, and private banking/wealth management products.

Product overview

Banca del Piemonte operates as a regional Italian bank offering a comprehensive banking platform serving both private individuals and business customers. The product portfolio centers on three main pillars: (1) Core banking services including current accounts (Conto INcontra BP Self), deposit accounts, and internet banking platforms (BPnow for retail, CO.RE. Banking for corporates); (2) Lending products encompassing mortgages (ADESSOpuoi CASA), personal loans (Soluzione BP Prestito, Chirografario), and salary-backed loans (Cessione del Quinto via AVVERA partnership); and (3) Payment services including Nexi-branded cards (debit, credit, prepaid), POS terminals, and mobile payment integrations (Fitbit Pay, Garmin Pay). For business customers, the bank provides specialized services including short and medium-term credit facilities, leasing, factoring (via Credimi), and subsidized financing programs including PNRR access. Digital security is supported by Mobile Token BP and Key Token BP authentication tools. The bank has developed partnerships with key fintech providers (Credimi for factoring, AVVERA for loans, Kepler Cheuvreux for investments) while maintaining proprietary digital platforms. Sustainability initiatives are consolidated under the BP Green sub-brand, while financial education for youth is delivered through BP FutureProof.

Differentiator

Problem solved

Functional benefit

Brands

• BP FutureProof: A section of Banca del Piemonte dedicated to young people who want to take control of their future, providing practical knowledge about economic and financial topics.
• BP Green
• BPnow
• CO.RE. Banking
• BP eDesk
• INcontra BP Self
• BP OpenToYou
• Soluzione BP Casa
• Soluzione BP CASA GREEN
• BP Next
• BP NeTive

Products and services

• Conto INcontra BP Self (Retail Current Account) Standard current account offering basic banking services for private individuals, with online accessibility and in-person branch support.
• Conto Deposito (Deposit Account) Deposit account offering promotional interest rates for private savings, with various duration options.
• Soluzione BP Casa (Mortgage) Mortgage product for purchasing or renovating primary or secondary homes, available with fixed or variable rates, financing up to 80% of property value and 30-year maximum duration.
• Soluzione BP Casa Green (Green Mortgage) Green mortgage for sustainable home purchases, part of the BP Green sustainability initiative for energy-efficient properties.
• Soluzione BP Prestito (Personal Loan) Personal loan product for private customers covering various consumer financing needs.
• Cessione del Quinto (Salary-Backed Loan) Salary or pension-backed loan (up to one-fifth of income) for private customers, distributed through the AVVERA partnership for debt consolidation and personal financing.
• Chirografario (Unsecured Personal Loan) Unsecured personal loan without collateral for private customers with flexible financing needs.
• Carta di Debito Nexi BP (Debit Card) Debit card with contactless NFC payments, online shopping protection, and ATM access, issued through the Nexi partnership.
• Carta Nexi Prepaid BP (Prepaid Card) Reloadable prepaid card for controlled spending and online purchases.
• Carte di Credito Nexi BP (Credit Cards) Credit card products with flexible repayment options, installment features, and wearable payment tokenization via Fitbit Pay and Garmin Pay.
• Telepass Family (Toll Payment Service) Electronic toll collection service for highway and tunnel payments, managed through the Telepass partnership.
• POS (Point of Sale Terminals) Point of sale terminal solutions for businesses to accept card payments efficiently and securely.
• Incassi Ri.Ba, Mav e Sdd (Collection Services) Collection services including Ri.Ba (ricevuta bancaria), Mav (pagamento mediante avviso), and SDD (Sepa Direct Debit) for business receivables management.
• Crediti a Breve Termine (Short-Term Business Credit) Short-term credit facilities for businesses covering working capital and liquidity needs.
• Crediti a Medio Lungo Termine (Medium/Long-Term Business Credit) Medium and long-term credit solutions for business investments and expansion projects.
• Crediti Global (Comprehensive Business Credit Facility) Comprehensive global credit facility combining multiple financing instruments for complete business financial needs.
• Leasing Financial and operating leasing solutions for equipment, vehicles, and real estate for business customers.
• Factoring Factoring services including receivables advance through the Credimi digital platform for invoice management and business liquidity.
• Finanziamenti Agevolati e PNRR (Subsidized Financing and PNRR Advisory) Subsidized financing programs and PNRR (Piano Nazionale di Ripresa e Resilienza) funding opportunities for business development and innovation projects.
• Investimenti e Consulenza (Investment and Advisory Services) Investment advisory and wealth management services including portfolio management and financial planning, supported by the Kepler Cheuvreux partnership.
• Private Banking e Wealth Management High-net-worth individual services including personalized wealth management, succession planning, and investment advisory through dedicated private bankers.
• Prodotti Assicurativi (Insurance Products) Insurance products distributed through the Italiana Assicurazioni and Grifo Holding partnership, including property and risk protection policies.
• Protezione (Personal and Family Protection) Personal and family protection products including life insurance, unemployment coverage, and mortgage protection linked to mortgage loans.
• Conto Corrente Business (Business Current Account) Current account product for businesses and professionals to support day-to-day operations, payments, and treasury.
• Carte Aziendali (Business Payment Cards) Corporate credit, debit, deposit, and Viacard payment cards for business expense management, issued through the Nexi partnership.

Quantifiable outcome

• 15.8% CET1 ratio - among the most capitalized banks in Europe

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

Feature7 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Italiana AssicurazionicoreStrategic or Co-development Partner · 15 July 2020Bancassurance partnership with Italiana Assicurazioni for distribution of insurance products, in collaboration with Grifo Holding.
• Grifo HoldingcoreStrategic or Co-development Partner · 15 July 2020Bancassurance partnership together with Italiana Assicurazioni for comprehensive insurance product distribution.
• AVVERA (Gruppo Credem)coreStrategic or Co-development Partner · 12 November 2019Distribution partnership for personal loans and loans with fifth-of-salary (cessione del quinto) through Banca del Piemonte's 40+ branches. The agreement includes significant digitalization of procedures to offer innovative services to customers.
• Gruppo CredemcoreStrategic or Co-development Partner · 3 July 2019Agreement in the field of asset management partnerships, enabling distribution of Credem's wealth management products.
• Reale Mutua Basket TorinominorGTM or Marketing PartnerSports sponsorship partnership supporting basketball team with brand visibility and community engagement initiatives.
• Scuola HoldenminorGTM or Marketing PartnerCultural partnership supporting the Seven Springs music festival organized by Scuola Holden in Turin.
• Lingotto MusicaminorGTM or Marketing PartnerLong-standing partnership for classical music concerts and cultural events at Lingotto.
• Novipiù Junior CasaleminorGTM or Marketing PartnerFive-year sponsorship of youth basketball team supporting local sports and community values.
• SwitchominorOthersReferral partnership for utility management services (electricity and gas provider switching) for mortgage customers.
• NexicoreTechnology or IntegrationCard processing and payment services partnership for credit cards, debit cards, and POS terminals.
• ABI (Associazione Bancaria Italiana)coreOthersMembership in Italian Banking Association; CEO Camillo Venisio serves as Vice President of ABI.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Emerging players

• Illimity Bank: Italian digital-native bank specializing in SME lending, factoring, and distressed credit; comparable because it competes for the same SME financing, factoring, and digital banking customers that BdP serves through its Credimi partnership.
• Hype: Italian mobile-first neobank targeting retail customers with low-cost current accounts and digital services; competing for the same mass-market Italian retail deposits and daily-banking relationship that is core to BdP's franchise.

Broad incumbents

• Intesa Sanpaolo: Italy's largest banking group with dominant Piedmont presence through its heritage UBI franchise; competes broadly across the same retail, SME, and private banking segments as BdP.
• Banco BPM: One of Italy's largest banking groups with deep presence across northern Italy including Piedmont; comparable because it serves the same retail and SME segments and competes head-to-head for regional deposits and SME lending.
• UniCredit: Major pan-European bank with a large Italian retail and corporate network; overlaps with BdP in retail deposits, mortgages, and SME/corporate lending across northern Italy.
• BPER Banca: Top-five Italian banking group with material Piedmont and northern Italy presence; comparable retail/SME and corporate banking franchise that competes with BdP across deposits, mortgages, and SME financing.

Direct peers

• Banca Sella: Privately owned Italian banking group with strong digital and innovation focus; comparable because it serves Italian retail and SME customers through a tech-forward omni-channel model of similar size.
• Banca Mediolanum: Italian retail/private bank with strong wealth management and bancassurance distribution; comparable because it competes directly for Italian retail savings, advisory, and bancassurance products through multi-channel distribution.
• Banca Popolare di Sondrio: Italian popular/cooperative bank of similar size and regional orientation; comparable because it competes for retail deposits, mortgages, and SME lending using a relationship-led, omni-channel model across northern Italian regions.
• Credem (Gruppo Credem): Mid-sized Italian banking group with strong retail and private banking franchise; highly comparable given the existing BdP–AVVERA and asset management partnerships, similar segment targeting, and overlap in distribution of personal loans.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/bancadelpiemonte
• LinkedInlinkedin.com/company/banca-del-piemonte

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Banca del Piemonte