Sanpaolo IMI S.p.A. was an Italian banking and insurance conglomerate, based in Turin.
On 24 August 2006, a merger with Banca Intesa was announced, which on 1 December 2006 was approved by the joint meetings of the shareholders of Banca Intesa and Sanpaolo IMI.
Sanpaolo IMI was formed by many mergers of banks, which in 1998 Istituto Bancario San Paolo di Torino merged with Istituto Mobiliare Italiano.
Sanpaolo IMI had about 3,200 local offices where private, business and retail banking activities take place.
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