SRP reviewed some of the best-selling products across European markets in the first half of 2025.

Italy: Protection Certificate Memory Coupon – €490m (US$571.4m) BPER Banca, formerly known as Banca Popolare dell'Emilia Romagna, was the issuing company behind Europe’s highest selling product in H1 2025, according to SRP data. This five-year capital protection certificate offers access to the Eurostoxx Utilities Index. It pays a conditional memory coupon of 1.80% per semester, providing the index closes at or above its initial level on the semi-annual valuation date. Otherwis