Banks in Portugal


BCP	Espírito Santo	Banif	Portugues de Negocios	Santander Totta

Banco Best – A financial institution operating in the areas of banking, asset management and trading. Shareholder structure includes Grupo Banco Espírito Santo (GBES) companies, Espírito Santo Financial Group and Saxo Bank that holds 25% of Banco Best’s capital. As of December 2011, the Bank had assets of 493.4 million euros.
Banco Comercial Português (Millennium BCP) – The largest Portuguese private bank and the second bank in terms of market share. As of December 2011, it had about 890 local branches and total assets of EUR 93.482 billion. BCP was established in 1985 and is headquartered in Porto.
Banco de Portugal – The central bank of the Portuguese Republic. It was founded in November 1846 and is headquartered in Lisbon. It also has branch in Oporto, a number of agencies in mainland Portugal and two regional delegations.
Banco Espírito Santo (BES) – The largest Portuguese bank by market capitalization and the second largest private-sector bank by total assets (EUR80.75 billion at March 2012). The Bank has a presence in 25 countries and employs over 9,800 people.
Banif Financial Group – A Portuguese international financial services group. It was founded in 1988 following the take over of Caixa Económica do Funchal. With assets of €16.5 billion, Banif Group comprises over 50 financial companies and employs more than 6,000 people. The Bank has operations in Europe, Asia, South and North America and Africa.
Banco Nacional Ultramarino (BNU) ceased existence as an independent entity in Portugal following its merger with Caixa Geral de Depósitos in 2001. It continues operations under the Banco Nacional Ultramarino brand in the Chinese SAR of Macau.
Banco Português de Investimento (BPI) – The fourth largest Portuguese private financial group with total assets of EUR44.75 billion (3/2012). The company serves over 1.6 million customers through a network of over 650 branches. BPI is primarily operates in Portugal and Spain, Angola and Mozambique.
Banco Português de Negócios (BPN) – A Portuguese financial institution established in 1993. The Bank was nationalized in conformance with the provisions of Law no. 62-A/2008, of 11 November 2008. As of December 2010, BPN had total assets of EUR 7.02 billion and negative equity capital of EUR 2.14 billion.
Banco Santander Totta – One of the largest banks in Portugal. The Bank employs over 5,700 people and has about 700 branches in Portugal. It was named the ”Best bank in Portugal” by Global Finance and Euromoney magazines and “Bank of the Year in Portugal” by The Banker in 2011. For the third consecutive year, Santander Totta is elected as Best Bank and Most Solid Large Bank in Portugal, by Exame magazine. As at December 2011, Santander Totta had consolidated assets of EUR 40.12 billion.
Barclays Bank Portugal – A subsidiary of Barclays plc, a British global financial services provider.
BBVA Portugal was created in June 1991. As of December 2011, the company had EUR 7.15 billion in total assets and EUR 6.47 billion in customer loans.
Caixa Económica Montepio Geral (CEMG) – A credit institution held by Montepio Geral – Associacao Mutualista. The company was established in 1844 and is headquartered in Alfragide, Portugal.
Caixa Geral de Depósitos (CGD) – The largest bank in Portugal with the highest domestic market shares in key areas. CGD Group’s consolidated assets totalled EUR 123. 44 billion as of March 31, 2012.
Espírito Santo Financial Group (ESFG) – A Portuguese financial services holding company with headquarters in Luxembourg. It has a leading position in the banking and insurance markets in Portugal. Banco Espírito Santo Group is the banking arm of ESFG.