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Banco Português de Investimento (Portuguese pronunciation: [ˈbɐ̃ku puɾtuˈɣeʒ ðɨ ĩvɨʃtiˈmẽtu], "Portuguese Investment Bank"), or simply BPI, is a Portuguese private investment bank, currently owned by finance multinational CaixaBank. Founded in 1981, it runs the banking business with companies, institutional and private clients.
Banco Espírito Santo : bailed-out by the Portuguese state in 2014 and re-organised into Novobanco; Banco Português do Atlântico; Banco Português de Negócios : sold to the Angolese Bank Banco BIC in 2012; Banco Privado Português; Banif Financial Group : bailed-out by the Portuguese state in 2015 and sold to Banco Santander
The Banco de Portugal (Portuguese pronunciation: [ˈbɐ̃ku ðɨ puɾtuˈɣal], lit. ' Bank of Portugal ' ) is the Portuguese member of the Eurosystem and has been the monetary authority for Portugal from 1846 to 1998, issuing the Portuguese escudo .
Portugal's central bank is the Banco de Portugal, which is an integral part of the European System of Central Banks. The largest Portuguese banks are Banco Comercial Português and the state-owned Caixa Geral de Depósitos. [138] Portuguese banks hold strategic stakes in other sectors of the economy, including the insurance sector.
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Carlos da Silva Costa (born November 3, 1949, in Oliveira de Azeméis) is a Portuguese economist who served as Governor of the Bank of Portugal from June 7, 2010 [1] to July 20, 2020, when he was succeeded by Mário Centeno.
1995 — CGD's acquired Banco Simeón, in Spain, from Banesto. Banco Simeón had been founded in 1857 in Vigo, Spain. 1997 — CGD established Banco Comercial e de Investimentos in Mozambique. 1998 — CGD acquired Banco Bandeirantes in Brazil, to which it transferred some accounts from Banco Financial Português.
Portugal's Finance Minister Fernando Teixeira dos Santos told a press conference after a special cabinet meeting that the government was to assure deposits in BPN, and that the management of BPN was to be given to the Caixa Geral de Depósitos (Portugal's public bank) under Bank of Portugal's (Banco de Portugal, the Portuguese Central Bank) supervision from November 3, 2008, to prevent a ...