Banco BPM is Italy’s third largest listed banking Group, as measured by total assets, net customer loans, direct funds and number of branches, serving almost 4 million customers through a deeply rooted multi-channel distribution network.The Group was established on 01 January 2017, through the merger between former Banco Popolare and former Banca Popolare di Milano, with the concurrent transformation into a joint-stock company and with a listing of the new stock on the Milan Stock Exchange. Banco BPM enjoys a leading position in northern Italy, where almost 80% of its domestic franchise is rooted, with a market share of about 7.5%, with strongholds in particular in the productive regions of Lombardy (13.5%), Piedmont (11.3%) and Veneto (8.8%).Banco BPM is a fully fledged financial services provider operating in a wide range of businesses, which on top of the core commercial and retail banking activities include also its position in various value-added businesses, such as Private Banking, Asset Management, Bancassurance, Corporate and Investment Banking and Consumer Credit. Leveraging on a well-integrated multi-channel approach in which the branch franchise (about 1,800 outlets at year-end 2020) is increasingly supported by digital banking activities, the Group is well positioned to capture cross-selling opportunities through a wide range of products and services related to well-known brands, both through its own product companies as well as through strategic partnerships and joint ventures.