BELGRADE (SERBIA) (ITALPRESS) – “Intesa Sanpaolo is a natural partner for the public sector, businesses and families in Serbia as it already is in Italy: in the country, as well as elsewhere in the CEE area, we are a leader in the banking market and we bring the guarantee of solidity and the ability to invest in the long term, of a group recognized by the markets as a European leader, with about 74 billion in capitalization.” This was said by Paola Papanicolaou, Chief of International Banks Division of Intesa Sanpaolo, who spoke in Belgrade at the Italy-Serbia Business Forum. “Intesa Sanpaolo’s International Banks Division is the natural bridge between Italy and the countries of Central and Eastern Europe,” Papanicolaou continued, “in which we are investing significantly, to consolidate our position as a leading financial institution.”In Serbia, we are the market leader with 6.8 billion deposits, 1.4 million customers and customer loans of more than 5.5 billion: a key country for our development strategies, Italy being the third largest trading partner, with an interchange, of about 4 billion euros, which we are actively engaged in supporting,” he added. “In the last four years we have contributed to the economy with about 2.5 billion annually in new loans, and a growth of about 12 percent per year, paying particular attention to the business sector, both large and medium and small. Similarly, we are an interlocutor with government institutions for infrastructure and system projects, as well as participating in development initiatives alongside major supranational financial institutions, such as the European Investment Bank and the European Bank for Development and Reconstruction. We also help accelerate the ESG and Green transformation of our clients: in 2024 alone, new financing in the area amounted to 1.1 billion euros. “Intesa Sanpaolo is the largest group in Europe by market capitalization, with about 74.3 billion euros, and manages 1 trillion euros in total assets, with more than 21 million clients globally. The group is present in 40 countries.In Serbia, through Banca Intesa Beograd, Intesa Leasing and Intesa Invest, the group has been a market leader for more than 20 years.The bank in Serbia leads the market with 9 billion euros in total assets and 1.4 million customers. Loans to customers are growing: +12% 3-year CAGR, rising from around €1.8 billion in 2021 to €2.6 billion in 2024. “Banca Intesa contributes significantly to the growth of the Serbian economy with €2.5 billion in new lending annually (average of the last 4 years) and 12% growth per year, with a focus on large companies and SMEs, thus supporting the sustainable growth of the country. We also support small businesses and entrepreneurs, who are the backbone of the local economy, through various programs. According to available data, one in four companies in Serbia is a client of Banca Intesa,” Papanicolaou stressed. “We are strongly committed to contributing to the development of the country. In the context of a more integrated and stable European economy, we confirm our commitment to remain a reference point for the growth of the Serbian economy, both in financial terms and in the areas of social responsibility, culture and environment.”
– Intesa Sanpaolo Photos –
(ITALPRESS).
