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Webank
IndustryBanking
Founded1999
HeadquartersMilan, Italy
ProductsBanking
Number of employees
174 (2009)
Websitewww.webank.it

Webank (Italy) is an Italian online bank.

History

Managed for almost 10 years by We@Service, the internet services company for BPM Group, Webank became on 1 November 2009 an independent bank (WeBank S.p.A.) fully owned by Banca Popolare di Milano (BPM).[1]

On 9 March 2010, the Board of Directors of Banca Popolare di Milano S.c.a r.l. approved the acquisition of IntesaTrade SIM, an online brokerage securities company, renamed WeTrade SIM.[2]

On 23 September 2014, the Board of Directors of BPM and the Board of Directors of Webank S.p.A. approved the merger by incorporation of Webank into BPM, becoming on 23 November 2014 the internet channel for banking and investment services for BPM Group.[3]

Awards

References

  1. ^ (in Italian) Bpm “mette online” la sua prima Webank, Corrierecomunicazioni.it, 4 November 2009
  2. ^ "Reports and Financial Statements of Banca Popolare di Milano and the BPM Group" (PDF).
  3. ^ (in Italian) Progetto de fusione per incorporazione di Webank S.p.A. in Banca Popolare di Milano S.C.A.R.L., Gruppobpm.it, 14 June 2014

External links

Banking in Italy
Categories