Webank (Italy) is an Italian online bank.
History Managed for almost 10 years by We@Service, the internet services company for BPM Group, Webank became on 1 November 2009 an independent bank (WeBank S.p.A.) fully owned by Banca Popolare di Milano (BPM). Bpm “mette online” la sua prima Webank, Corrierecomunicazioni.it, 4 November 2009
On 9 March 2010, the Board of Directors of Banca Popolare di Milano S.c.a r.l. approved the acquisition of IntesaTrade SIM, an online brokerage securities company, renamed WeTrade SIM.
On 23 September 2014, the Board of Directors of BPM and the Board of Directors of Webank S.p.A. approved the merger by incorporation of Webank into BPM, becoming on 23 November 2014 the internet channel for banking and investment services for BPM Group. Progetto de fusione per incorporazione di Webank S.p.A. in Banca Popolare di Milano S.C.A.R.L., Gruppobpm.it, 14 June 2014
Awards
In 2019, it was awarded as Best Online Broker at the thirteenth edition of the Italian Certificate Awards In 2018, the German Institute of Quality and Finance rated the Webank loan as excellent In 2016, Webank's mobile application received a triple gold medal of the Mediastars award
References
External links
Webank Official Website Electronic Banking Guide