Banca Monte Dei Paschi Di Siena Spa, founded in 1472 and headquartered in Siena, Italy, is one of the oldest banks in the world, established with the intent to support local economic development. The bank specializes in a range of financial services, including retail banking, wealth management, and commercial banking solutions tailored for both individual and business clients.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Banca Monte Dei Paschi Di Siena launched its first bond issuance in the late 20th century, with its most notable issuances occurring in 2014 during its recapitalization efforts, followed by a significant issue of Tier 2 bonds in 2017 aimed at enhancing its financial stability. Currently, the bank's bond yields are competitive within the industry, reflecting its evolving creditworthiness, particularly after the restructuring initiated as part of the 2017 and 2021 recapitalization processes, including a €2.5 billion increase in capital. The bank has also been active in issuing green bonds, adding another layer of appeal for socially conscious investors.