In December 2015 Novo Banco (Portugal), the successor of Banco Espirito Santo (BES), completed the sale of its investment banking division to Haitong Securities (China), the division was renamed to Haitong Bank. Haitong Bank specializes in providing investment banking products and services.
In 2015 total assets of Haitong Bank, SA were 4 172,58 mln EUR. In 2018 the bank's net income was 1,45 mln EUR.
Haitong Bank, SA participates in the deposit guarantee scheme of Portugal. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. Haitong Bank, SA is a member of Fundo de Garantia de Depósitos (FGD) and makes its contributions into it.
Haitong Bank, SA is headquartered in Lisboa.