BNP Paribas has been selected by BPER Banca to provide custody and settlement services for the complete portfolio of BPER Banca’s Italian and foreign securities, representing a total of EUR110bn (USD120bn) of assets. The mandate consolidates BPER Banca’s multi-year partnership with BNP Paribas, which includes settlement services for selected institutional clients’ portfolios.
Founded over 150 years ago, BPER Banca is the parent company of Italy’s third-largest listed banking group in total deposits and footprint, with over 1,600 branches, 20,000 employees and more than 5 million clients.