Banco BIC Português, SA

Contacts 
    Address  1050-020, Portugal, Lisboa, Avenida António Augusto de Aguiar, 132

Bank Identifiers 
    BIC (SWIFT)  BPNPPTPL
    MFI ID  PT79
Deposit Guarantee  Yes (up to 100 000 EUR per depositor)
Financial Positions 
    Total Assets (2013)  5 445.48 mln EUR ↑ (+37.91%)
    Total Equity (2013)  364.27 mln EUR ↑ (+1.91%)
Profit and Loss 
    Operating Income (2013)  122.56 mln EUR ↑ (+17.42%)
    Net Income (2013)  2.50 mln EUR

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

BIC

BIC (Business Identifier Code) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

BIC  BPNPPTPL
Bank BIC Code  BPNP
Country Code  PT (Portugal)
Location Code  PL
Branch Code  -

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).


MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

MFI ID  PT79

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.


Deposit Guarantee

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Portugal are obliged to participate in Portuguese deposit guarantee scheme.

In the case of Banco BIC Português, SA failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Covered Accounts  any type of deposit, certificates of deposit
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information: Deposit Guarantee Scheme in Portugal

ECB Minimum Reserves Requirements (MRR)

Minimum reserves is the minimum amount of reserves a credit institution is required to hold with a central bank.

Subject to MRR by ECB  Yes
Exempt from MRR by ECB  No

Financial Positions

In 2013 total assets of Banco BIC Português, SA were 5 445.48 mln EUR. Growth compared to the previous period (2012) was 37.91%. The evolution of the total assets of Banco BIC Português, SA is shown at Chart 1 below.

Total Assets of Banco BIC Português, SA.
Chart 1. Total Assets of Banco BIC Português, SA.

Recent changes in total assets of Banco BIC Português, SA and its main components are shown in Table 1.

2012 2013 % Change
Cash and deposits with Central Banks 74.9 165.4 +120.88% ↑
Loans to banks 967.1 586.9 -39.31% ↓
Loans to other clients 2 361.8 3 014.8 +27.65% ↑
Total Assets 3 948.7 5 445.5 +37.91% ↑
Table 1. Recent changes in total assets of Banco BIC Português, SA (mln EUR).

Recent changes in total liabilities of Banco BIC Português, SA and its main components are shown in Table 2.

2012 2013 % Change
Bank deposits 436.2 643.7 +47.58% ↑
Deposits from other clients 2 393.7 3 804.7 +58.94% ↑
Total Liabilities 3 948.7 5 445.5 +37.91% ↑
Table 2. Recent changes in total liabilities of Banco BIC Português, SA (mln EUR).

Profit and Loss

Recent changes in gross profit of Banco BIC Português, SA and its main components are shown in Table 3.

2012 2013 % Change
Interest Income 152.6 193.9 +27.05% ↑
Interest Charges -96.2 -105.5 +9.63% ↑
Net Interest Income 56.4 88.4 +56.74% ↑
Commission Income 46.5 32.2 -30.64% ↓
Commission Charges -12.1 -10.0 -17.47% ↓
Table 3. Recent changes in gross profit of Banco BIC Português, SA (mln EUR).

In 2013 net income of Banco BIC Português, SA was 2.50 mln EUR. Decline compared to the previous period (2012) was -131.40%. The evolution of the net income of Banco BIC Português, SA is shown at Chart 2 below.

Net Income of Banco BIC Português, SA.
Chart 2. Net Income of Banco BIC Português, SA.

Related Information on Portugal

Economy and Banking Sector of Portugal

List of Banks in Portugal

Share on Google+