Banks in Italy

Banks in Italy

Summary

Banks in Italy industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• Banking industry involves the activities of banks and similar institutions that offer financial services such as savings, loans, mortgages, and related services to businesses and consumers. Market value represents the total assets held by banks or related institutions in a country in a year. The market share represents the total asset held by the companies in the specific year. Geographical segmentation measures the total assets held by commercial banks of a particular region.
• The Italian banking industry recorded assets of $4,696.2 billion in 2024, representing a compound annual growth rate (CAGR) of 1.8% between 2019 and 2024.
• The bank credit segment accounted for the industry's largest proportion in 2024, with total assets of $2,325.8 billion, equivalent to 49.5% of the industry's overall value.
• The Italian banking industry grew by 4.6% in 2024, primarily driven by the decline in bank lending rates, which reduces borrowing costs and encourages greater credit uptake. Lower lending rates stimulate demand for personal and business loans, leading to an expansion in the bank credit segment, which directly increases the total assets held by banks. According to the European Central Bank, the bank lending rate in Italy was reduced to 5.0% in December 2024, down from 5.7% in December 2023, facilitating broader access to credit.

• Save time carrying out entry-level research by identifying the size, growth, and leading players in the banks market in Italy
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in Italy
• Leading company profiles reveal details of key banks market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Italy banks market with five year forecasts

• What was the size of the Italy banks market by value in 2024?
• What will be the size of the Italy banks market in 2029?
• What factors are affecting the strength of competition in the Italy banks market?
• How has the market performed over the last five years?
• How large is Italy’s banks market in relation to its regional counterparts?