HAITONG BANK, S.A. (Portugal)

Address

R. Alexandre Herculano, 38 - Edifício Quartzo, 1269-180, Lisboa, Portugal

BIC

ESSIPTPLXXX

Overview

Business Focus

investment banking

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. Haitong Bank also accepts retail deposits.

Performance

In 2023, HAITONG BANK, S.A. achieved the position of 16th largest bank in Portugal with a market share of 0.65%; its total assets grew by 0.38%.

Additionally, the bank became the 18th bank in relation to its loans-to-deposits (L/D) showcasing 77.11% L/D ratio in 2023.

Deposit Protection

Deposits up to 100,000 EUR are covered by Portuguese deposit guarantee scheme in HAITONG BANK, S.A.

Market Share (#16 in Portugal)

Ratios

RoA

0.50%

RoE

1.95%

L/D

77.11%

Services

corporate banking

investment banking

asset management

retail banking

Clients

private individuals

companies

Area Served

Portugal

Germany

Spain

Products

time deposit accounts (0.25 - 3.61 %)

International Transfers

SWIFT Transfers

SEPA Credit Transfers

SEPA Instant Transfers

SEPA Direct Debits

SEPA Direct Debits B2B

Financials

Total Assets (2023)

2,443.88 mln EUR (+0.38%)

Net Income (2023)

12.25 mln EUR (+2,164.92%)

Number of Employees (2023)

402 (+3.61%)

HAITONG BANK, S.A. is the 16th largest bank in Portugal in terms of total assets. In 2023 its total assets were 2 443,88 mln EUR, providing the bank with the market share of 0.65%. In 2023 the bank's net income was 12,25 mln EUR. HAITONG BANK, S.A. had 402 employees in 2023.

Deposit Guarantee

Guarantee Fund

Fundo de Garantia de Depósitos (FGD)

Protected Amount

up to 100,000 EUR

Eligible Depositors

natural persons
legal entities

Covered Accounts

current accounts
savings accounts
time deposit accounts

HAITONG BANK, S.A. participates in the deposit guarantee scheme of Portugal which 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, S.A. is a member of Fundo de Garantia de Depósitos (FGD) and makes its contributions into it.