WeBank (Italy) - Wikipedia

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Webank

Industry	Banking
Founded	1999; 25 years ago (1999)
Headquarters	Milan, Italy
Products	Banking
Number of employees	174 (2009)
Website	www.webank.it

Webank (Italy) is an Italian online bank.

History

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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

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In 2019, it was awarded as Best Online Broker at the thirteenth edition of the Italian Certificate Awards
In 2018. the German Institute of Quality and Finance rated the Webank loan as excellent
In 2016, Webank's mobile application received a triple gold medal of the Mediastars award

References

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^ (in Italian) Bpm “mette online” la sua prima Webank, Corrierecomunicazioni.it, 4 November 2009
^ "Reports and Financial Statements of Banca Popolare di Milano and the BPM Group" (PDF).
^ (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 Archived 2017-08-01 at the Wayback Machine

External links

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Related topics	List of banks in Italy Associazione Bancaria Italiana Associazione di Fondazioni e di Casse di Risparmio S.p.A. Associazione Nazionale fra le Banche Popolari Fondo Interbancario di Tutela dei Depositi Italian National Resolution Fund

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