Caixa Geral de Depósitos (CGD) is Portugal's largest bank, controlled entirely by the Portuguese government. CGS is a universal bank with a significant retail and corporate banking market share in Portugal. In addition, CGS offers specialist financial services, investment banking, and insurance.

Services

• retail banking
• private banking
• corporate banking
• investment banking
• asset management
• insurance

Area Served

• Portugal

Products

• current accounts
• debit cards
• credit cards
• prepaid cards
• savings accounts
• time deposit accounts
• consumer loans
• mortgage loans (2.43 - 2.43 %)

Caixa Geral de Depósitos, S.A.'s total assets in 2021 were 96 368,36 million EUR. The bank's net income in 2021 was 441,53 million EUR.

Fitch and Moody's have assigned ratings to Caixa Geral de Depósitos, S.A. Fitch has granted the bank a long-term credit rating of BB+ (speculative). Moody's granted the bank a Baa1 (lower medium grade) long-term credit rating. Caixa Geral de Depósitos, S.A. participates in Portugal's deposit guarantee plan.This scheme applies to deposits of up to 100,000 EUR per bank and depositor.

Founded: 10 April 1876
Headquarters: Lisbon, Portugal

Website: https://www.cgd.pt/Particulares/Pages/Particulares_v2.aspx

The Banco Comercial Portugues was founded in 1985. Banco Comercial Portugues was renamed Millennium BCP and Banque BCP in 2004. Banco Comercial Portugues is a universal bank that offers a variety of retail, private, corporate, and investment banking products and services.

Services

• retail banking
• private banking
• business banking
• corporate banking
• investment banking
• insurance

Area Served

• Portugal

Products

• current accounts
• debit cards
• prepaid cards
• credit cards
• savings accounts
• time deposit accounts
• consumer loans
• car loans
• mortgage loans (2.14 - 2.14 %)

Banco Comercial Portugues, SA (BCP or Millennium BCP) had total assets of 69 326,94 million EUR in 2021. The bank's net income in 2021 was 90,06 million EUR.

Fitch and Moody's have assigned ratings to Banco Comercial Portugues, SA (BCP or Millennium BCP). Fitch has granted the bank a long-term credit rating of BB (speculative). Moody's granted the bank a Baa2 (lower medium grade) long-term credit rating. Banco Comercial Portugues, SA (BCP or Millennium BCP) participates in Portugal's deposit guarantee scheme. This scheme applies to deposits of up to 100,000 EUR per bank and depositor.

Founded: 1985
Headquarters: Porto, Portugal

Website: https://ind.millenniumbcp.pt/en/Institucional/Pages/Institucional.aspx

The Bank of Portugal established Novo Banco as the successor of Banco Esprito Santo (BES), which was established in August 2014 as a bridging bank (or "good bank") to rescue BES's assets and liabilities. The only owner of Novo Banco is a unique bank Resolution Fund, which will keep ownership of the institution until it is sold to new investors. Novo Banco offers goods and services in insurance, asset management, retail, and investment banking.

Services

• retail banking
• business banking
• corporate banking
• institutional banking
• insurance

Area Served

• Portugal
• internationally
• Germany

Products

• current accounts
• debit cards
• credit cards
• prepaid cards
• savings accounts
• time deposit accounts (2.75 - 3.00 %)
• investment funds
• consumer loans
• car loans
• mortgage loans (2.28 - 2.28 %)

NOVO BANCO, S.A.'s total assets in 2021 were 44 341 million EUR. The bank's net income in 2021 was EUR 225,91 mln.

Moody's has rated NOVO BANCO, S.A. The bank's long-term credit rating from Moody's is B1 (very speculative). Participating in Portugal's deposit guarantee program is NOVO BANCO, S.A.Accounts up to 100,000 EUR per bank and depositor are covered under this program.

Founded: August 4, 2014
Headquarters: Lisbon, Portugal

Website: https://www.novobanco.pt/english

Banco Português de Investimento (Banco BPI, eng: Portuguese Investment Bank) was founded in 1981 as SPI - Sociedade Portuguesa de Investimentos. CaixaBank (Spain) has owned Banco BPI since 2018. Banco BPI focuses on commercial and retail banking, as well as investment banking, asset management, and insurance.

Services

• retail banking
• private banking
• business banking
• corporate banking
• insurance

Area Served

• Portugal
• internationally

Products

• current accounts
• debit cards
• credit cards
• prepaid cards
• savings accounts
• time deposit accounts
• indexed deposit accounts
• structured products
• consumer loans
• car loans
• mortgage loans (2.83 - 2.83 %)

Banco BPI, SA's total assets in 2021 were 41 192,53 million EUR. The bank's net income in 2021 was 293,37 million EUR.

Fitch and Moody's have assigned ratings to Banco BPI, SA. Fitch has granted the bank a long-term credit rating of BBB (good credit quality). Moody's granted the bank a Baa1 (lower medium grade) long-term credit rating. Banco BPI, SA participates in Portugal's deposit guarantee scheme. This scheme applies to deposits of up to 100,000 EUR per bank and depositor.

Founded: 6 October 1981
Headquarters: Porto, Portugal

Website: https://www.bancobpi.pt/en/retail

One of the biggest banks in Portugal, Banco Santander Totta is a commercial bank with roots dating back to 1843. In Portugal, Banco Santander Totta operates as a universal bank, providing services and products in retail, private, corporate, and investment banking. Mortgages for non-residents are the focus of Banco Santander Totta's London branch, which was founded in 1993.

Services

• retail banking
• private banking
• business banking
• corporate banking
• institutional banking

Area Served

• Portugal
• internationally

Products

• current accounts
• debit cards
• prepaid cards
• credit cards
• savings accounts
• time deposit accounts
• consumer loans
• car loans
• mortgage loans (3.44 - 3.44 %)

Banco Santander Totta, SA's total assets in 2021 were 58 900,20 million EUR. The bank's net income in 2021 was 303,34 million EUR.

Fitch and Moody's have assigned ratings to Banco Santander Totta, SA. Fitch has granted the bank a long-term credit rating of BBB+ (good credit quality). Moody's granted the bank a Baa1 (lower medium grade) long-term credit rating. Banco Santander Totta, SA, participates in Portugal's deposit guarantee scheme. This scheme applies to deposits of up to 100,000 EUR per bank and depositor.

Founded: 1988
Headquarters: R. Mesquita 6, 1070-238 Lisboa

Website: https://www.santander.pt/