Banking in Rome primarily deals with the activities including business banking, issuing loans and credit, withdrawing funds, maintaining savings and checking of up dated balance. A considerable number of banks in Rome provide a wide array of financial services including investment banking and financial advisory services.
Leading Banks in Rome
Some of the leading banks in Rome include:
- Arab Italian Bank
- UniCredit SpA
- Banca Nazionale del Lavoro
- Crédito Italiano
- Cassa di Risparmio
- Sanpaolo
- Banca Intesa
- Banca di Roma
Banking Services in Rome
Most of the leading banks in Rome like Arab Italian Bank and UniCredit SpA provide some beneficial banking services including letters of credit, project and export trade finance, risk and liquidity management services and selection of trade counterparts.
One of the prominent banks in Rome, Arab Italian Bank targets to promote financial and economic partnership between North Africa, European countries and Middle East countries.
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Most of the leading financial establishments in Rome stress on four major business areas. These are retail division, Italian subsidiary banks division, corporate division and International subsidiary banks division.
The retail division mainly provides services to small businesses, medium enterprises, non-profit organizations and individuals. The services include wealth management, retail banking, industrial credit and private banking.
The Italian Subsidiary Banks Division principally includes banking subsidiaries in regional markets in Italy.
The corporate division provides services to financial institutions and public administrations. The services of corporate division include structured finance services, merchant banking, mergers and acquisitions and capital market.
The International subsidiary banks division mainly provides commercial and retail banking to foreign subsidiaries.
Banking Hours in Rome
From Monday to Friday, the banks in Rome remain open from 8.30 am to 1 pm, and again from 3 pm to 4 pm. The timings may change depending on special occasions and local variations.
The banking sector of Rome forms the backbone of the financial structure of the Roman economy.
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