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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
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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With 190,000 employees, the bank is organized into three major business areas: Commercial, Personal Banking & Services (CPBS); Investment & Protection Services (IPS); and Corporate & Institutional Banking (CIB). BNP Paribas is listed on Euronext Paris and is a component of the Euro Stoxx 50 stock market index. It is the second largest bank in ...
Williams & Glyn's Bank (see Royal Bank of Scotland) Williams Deacon's Bank (constituent of Williams & Glyn's Bank) An extensive list of British banks can be found in Wellings and Gibb, Bibliography of Banking Histories Vol. I: Domestic Banks (1995) ISBN 0 9526727 0 7
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.
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 ...