Banco BPM S.p.A. is an Italian banking group formed on January 1, 2017, through the merger of Banco Popolare and Banca Popolare di Milano. It ranks as the third-largest financial services provider in Italy by total assets, with a strong presence in Northern Italy.
The group operates over 1,400 branches, employs more than 20,000 people, and serves around 4 million customers. It provides a wide range of services including retail and corporate banking, private banking, investment banking, asset management, bancassurance, consumer finance, and payments.
Headquartered in Milan (registered office) and Verona (general office), Banco BPM is listed on the Milan Stock Exchange and focuses on credit intermediation and financial services for households, SMEs, and corporates.
Also known as Banco BPM Group and Gruppo Banco BPM.
Facility backs Liverpool Bay CCS (operational 2028; 4.5 Mt/yr rising to 10 Mt by 2030s), funds other projects (L10, Bacton, Ravenna option); 13-bank syndicate; 30% built
€9bn 5‑year revolver with 2‑year extension option refinancing prior €6bn and €3bn lines; provided by 28 banks, ~40% oversubscription, maintains financial flexibility and extends maturity
