Italian bank targets immigrants

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It was back in 2003 that our sister site first wrote about the immi-merce trend, noting the increasing prevalence of businesses catering to immigrants. Fast forward to today, and we see Extrabanca, a major Italian bank offering services tailor-made for foreign citizens. About four million foreign citizens live in Italy, according to the Italian Statistics Institute, almost a quarter of them in Milan. No huge surprise, then, to see Extrabanca open its first branch in that Italian city earlier this year. With a multilingual staff representing 11 nationalities, Extrabanca aims to open as many as 40 branches in Italy by…

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