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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
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that customers ...
Multibanco is a Portuguese interbank network.It is the largest interbank network in Portugal owned and operated by SIBS (Sociedade Interbancária de Serviços S.A.), that links the ATMs of 27 banks in Portugal, totaling 12,700 machines as of December 2014. [1]
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A universal bank is a type of bank which participates in many kinds of banking activities and is both a commercial bank and an investment bank as well as providing other financial services such as insurance. These are also called full-service financial firms, although there can also be full-service investment banks which provide wealth and ...
The bank was founded by royal charter in 1846, during the reign of Queen Maria II of Portugal, by a merger of the Banco de Lisboa , the first bank founded in Portugal, and insurer Companhia Confiança Nacional. The bank has branch offices in: Castelo Branco, Coimbra, Évora, Faro, Funchal, Leiria, Porto (Caixa Filial), Viseu.
The bank is primarily active in Portugal and Spain, Angola and Mozambique. In Angola, BPI is the market leader in corporate banking and its activity reached a 25% market share on its 50.1% stake in Banco de Fomento Angola (BFA) with 750,000 customers (as at December 2010). In Mozambique, the BPI maintains a 30 percent stake in the bank BCI Fomento.
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]