Italy Interest Rates

The Italian economy with a population of 60.4 Million (Est 2010) ranks 10th in the world with a GDP PPP of 1.77 trillion and GDP PPP per capita of 29,418 vs 47,123 (United States) according to the IMF in 2010. Its national currency is the Euro (EUR). Bank deposits held for a fixed term in Italy are mostly certificates of deposits. According to CIA.gov its estimated inflation was 0.8% in 2009 and 1.4% in 2010.

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Italy Banks

Showing rates for 7 Bank deposit providers in Italy.
Bank Branch Founded Ownership
ING Direct Italia ING Direct Italia 12 2001 Foreign
Unicredit Unicredit 9,600 1895 N/A
Intesa Sanpaolo Intesa Sanpaolo 5,300 2007 N/A
Monte dei Paschi di Siena Monte Dei Paschi Di Siena 3,000 1472 Foreign
UBI Banca UBI Banca 1,700 2007 Local
HSBC Bank Italy HSBC Bank Italy 1995 Foreign
Standard Chartered Bank Italy Standard Chartered Bank Italy 1967 Foreign

Italy Discussion Activity

  • HSBC Bank Italy
    Q: I will be purchasing a residential property in the north of Italy in the coming months. I require to open an Italian bank account. I already have an Italian tax code. Can you tell me if I can open an account with HSBC in Como or Milan?

    Iain Mckerrow from Glasgow, United Kingdom
  • HSBC Bank Italy
    Q: What cities in Italy have HSBC branches? Can I withdraw funds from either my US or Canadian HSBC accounts at the Italian branches ?

    Neil from Seattle, United States