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Caixa Geral de Depósitos' headquarters in Lisbon. A Caixa Geral de Depósitos building in Porto. 1876 — Caixa Geral de Depósitos was founded under the aegis of the Junta de Crédito Público. 1880 — Caixa Económica Portuguesa was founded as a savings bank for Portugal's poorer classes. 1885 — The two Caixas merged.
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The bank was founded by Emperor Pedro II on 12 January 1861, as Caixa Economica e Monte de Socorro in Rio de Janeiro as a financial institution destined to collect national savings, mostly from the poor. Over the years, several similar institutions were created, until most of them were merged into present-day Caixa Econômica in 1967.
The foundation commonly dates itself to the 1990 creation of the Caixa d'Estalvis i Pensions de Barcelona (Spanish: Caja de Ahorros y Pensiones de Barcelona, "La Caixa") as a merger of the Caja de Ahorros y Monte de Piedad de Barcelona founded in 1844 and commonly known as Caja de Barcelona, founded in 1844, with the Caja de Pensiones para la Vejez y de Ahorros de Cataluña y Baleares, founded ...
It was created following the forced merger of the two major savings banks in the region, Caixa Galicia and Caixanova. This new caixa for Galicia became the fourth-largest in Spain with consolidated assets valued at €78.1 billion, [ 1 ] and fourth-largest in terms of savings accounts, with €108.4 billion - 6% of Spanish savings banks.
In 1965, the name became Sanchez de Caceres and in 1972 transformed into Banco de Extremadura. Then in 1994, Caixa Geral acquired Banco Simeón from Banesto. Banco Simeón had been founded in 1857 in Vigo, Spain. In 2002, Caixa Geral merged all three banks under the Banco Simeón name. In 2006, Banco Simeón changed its name to Banco Caixa Geral.
Banco Montepio (Portuguese pronunciation: [mõtɨˈpiu]), formerly Montepio Geral, legally incorporated as Caixa Económica Montepio Geral, Caixa Económica Bancária, S.A. is a Portuguese mutual savings organization, better known for its banking activity. [2] [3] Banco Montepio was established in 1844 and is headquartered in Lisbon. [4]
Multibanco's old logo (1985–2008). The Caixa Automático Multibanco (Multibanco ATM) was the first project developed by SIBS, founded in 1983, and started operating on September 2, 1985, with the installation of 12 terminals in the cities of Lisbon and Porto.