Banca Sistema products, services and reviews
Rating, reviews, address, contact info, branches, phone numbers, fixed deposits, savings and card accounts offered by Banca Sistema
3.80%
Annual fee
Free
Cashback
No
Annual fee
Free
Cashback
No
Interest rates up to 3.80%
Open and manage directly on PickTheBank Platform
Terms from 3 months to 5 years
Annual interest payments
Protected by Deposit Guarantee System up to 100.000 EUR

Banca Sistema
4.1
Italy
Credit ratings
Deposit Guarantee Scheme (DGS)
Deposit Guarantee Scheme (DGS) member. Deposits up to €100k per person are covered
S&P
BBB
Moody’s
-
Fitch
-
About Banca Sistema
Banca Sistema S.p.A. is an Italian banking group headquartered in Milan, founded in 2011 and listed on Euronext Milan (Borsa Italiana). The bank’s business model centers on factoring trade receivables owed by the Italian public administration, complemented by consumer lending via salary- and pension-backed loans (CQS/CQP) and collateralized lending through its pawnbroking arm (ProntoPegno). Funding is supported by retail time deposits offered online alongside other deposit products, with wholesale sources used as needed. Earnings are primarily driven by net interest income from factoring and lending, with ancillary fee income from credit management. Risk is shaped by concentration in public-sector receivables—typically lower counterparty default risk but exposed to payment timing and legal/administrative processes—and by household exposure through CQS/CQP, where credit is mitigated by assignment of a portion of salary/pension and insurance coverage; pawnbroking loans are secured by pledged assets and are generally short term. For retail savers, time deposits carry fixed maturities, limited or no early withdrawal options, and rate tiers by term; funding and redemption occur via bank transfer. Deposits are protected by the Italian Interbank Deposit Protection Fund (FITD) up to EUR 100,000 per depositor, per bank, subject to statutory conditions. The bank operates under the prudential framework of the Single Supervisory Mechanism and Bank of Italy regulation, with capital and liquidity metrics disclosed in annual and Pillar 3 reports. Key factors to monitor include factoring turnover and collection times from the public sector, cost of risk and non-performing exposure trends, capital ratios (e.g., CET1), liquidity coverage and net stable funding ratios, interest rate sensitivity, and the mix and pricing of retail versus wholesale funding. Results can be sensitive to public-sector payment dynamics, competition for retail deposits, and rate cycles; prospective customers and investors should review current deposit terms, fees, and the latest financial statements and regulatory disclosures before making decisions.
Banca Sistema Deposit guarantee scheme participation
Banca Sistema participates in the deposit guarantee scheme of Italy which applies to all deposit accounts made by natural persons, legal entities and covers up to up to 100,000 EUR (or equivalent in local currency) per bank per depositor.
Banca Sistema Countries of operations
Banca Sistema offers their savings products in Italy
Products offered by Banca Sistema and interest rates
Banca Sistema offers 7 deposits and 0 savings accounts in EUR.
Banca Sistema offers the following fixed deposits in EUR in Italy: 3 months deposit - 2%; 6 months deposit - 2.05%; 12 months deposit - 2.35%; 24 months deposit - 2.45%; 36 months deposit - 2.55%.
Best interest rates in Italy
Fixed deposits offered by Banca Sistema
Loans offered by Banca Sistema
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Bank identifiers
BIC number
BSISITMM
Name
Banca Sistema
Country
Italy