What Banks in Italy Had the Most Employees in 2018?

Top Banks by Number of Employees
Banking | Italy | February 21, 2020
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Excel Sheet

Based on a comparison of 14 banks in Italy in 2018, UniCredit SpA had the most employees, followed by Intesa Sanpaolo and Cassa Depositi e Prestiti.

UniCredit SpA employed 97,775 persons in 2018, down 5.78% when compared to the previous year. Historically, the bank's workforce hit an all time high of 174,519 persons in 2008 and an all time low of 16,011 in 1992.

Average cost reached EUR 5,486 per month per month per employee, 1.42% less than a year ago. This figure was EUR 4,787 per month some 10 years ago.

Comparing UniCredit SpA with its closest peers, Intesa Sanpaolo had 92,117 employees with average cost of EUR 5,366 per month per person, Cassa Depositi e Prestiti operated with 32,020 people (and EUR 5,093 per month per employee) and Monte dei Paschi di Siena had 23,129 employees in 2018 with cost EUR 23,129 per month per head.

You can see all the banks employees data on the Employees indicator page or you can download a report on the Italian banks in the report section.

Employees Unit 2012 2013 2014 2015 2016 2017 2018 2019
Banca Mediolanum 2,257 2,432 2,651 2,012 2,005 ...
Banca Nazionale del Lavoro 13,718 13,628 13,371 13,294 13,175 ...
Banca Popolare di Sondrio 3,061 2,596 3,115 3,156 3,202
Banco BPM 17,179 11,441 ... 24,330 23,263
BPER Banca 11,718 11,593 11,447 11,635 11,653
Cassa Depositi e Prestiti ... ... ... 33,015 31,193 32,256 ...
Credit Agricole Italia 8,165 8,424 8,197 8,269 10,271 ...
Credito Emiliano 3,061 2,596 3,115 3,156 3,202
Credito Valtellinese 4,188 2,649 4,123 4,055 3,791
Intesa Sanpaolo 93,845 89,486 90,134 89,126 96,892
Mediobanca 3,673 3,688 3,790 4,036 4,798
Monte dei Paschi di Siena 28,417 25,961 25,731 25,566 23,463
UBI Banca 18,358 18,132 17,200 17,560 21,818
UniCredit SpA 146,421 143,520 125,510 117,659 103,771
AVERAGE 29,246 27,235 25,857 26,261 25,361 25,254 24,201 26,611