Banco BPM SpA - Company Profile
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Banco BPM SpA (Banco BPM) is a national cooperative banking group. The bank, along with local communities’ bank and subsidiaries, offers banking and financing products and services. Distribution network, non-interest income and adequate capital and liquidity are its key strengths, even as decline in strategic partnerships segment could be a cause for concern. The growing market for payments channels and economic outlook in Italy and strategic initiatives could offer ample growth opportunities to the bank. However, emergence of neobanks, risks related to online identity theft and hacking, and competition could pose various challenges to the bank.
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