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History

Banca Intesa is a Russian subsidiary bank of the Intesa Sanpaolo Group, one of the top banking groups in the euro zone and leader in Italy in all business areas.

The Bank provides banking services to enterprises and to individuals under the General Banking License of the Central Bank of the Russian Federation No. 2216 dated May 6, 2015.

The history of Banca Intesa dates back to 1992, when the European Bank for Reconstruction and Development set up the KMB Bank. It was one of the first Russian banks to focus on financing for small and medium enterprises, which was just emerging in Russia in the middle of the nineties.

At the beginning of 2005, the Italian Banking Group Intesa Sanpaolo, reinforcing its Russian market presence, acquired a controlling stake in the KMB Bank. As a result of this deal, Intesa Sanpaolo became one of the major foreign investors in the Russian banking sector.

The Bank acquired the corporate name Banca Intesa in January 2010 following the incorporation of the Group's subsidiary bank of the same name, established by Intesa Sanpaolo in 2003 and focused on financing large Russian companies and Italian firms working in the Russian market. Banca Intesa was the first Russian bank to be wholly owned by an Italian bank.

After the merger, which was officially completed on January 11, 2010, the Bank progressed to a new stage of evolution. The reorganized Bank upgraded its business strategy as a full-service bank and started operating on the basis of its rich experience in the corporate and SME business sector.

Regional branch network of the bank covers 22 Russian regions from Kaliningrad to Vladivostok.

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