IBL Istituto Bancario del Lavoro
BankingLazio, Italy501-1000 Employees
IBL Istituto Bancario del Lavoro is a mid-sized Italian bank based in Rome, Lazio. It offers a range of banking products, including Cessione del quinto (salary-backed loans), general loans, and deposit accounts. The institution operates a network of branches distributed across Italy to serve a nationwide client base. Its customer focus centers on individuals seeking credit and savings solutions, with lending products designed to accommodate salary-backed borrowing alongside standard deposit services. A notable development from the information provided is a 2016 transaction where Barclays PLC sold a portfolio of salary-secured loans in Italy to IBL Banca SpA, reflecting activity in expanding its lending portfolio in the Italian market.