Novo Banco dos Açores, SA

 (4.0; 3 ratings)
4.0 3
Business Focus
regional universal banking

Novo Banco is a successor of Banco Espírito Santo (BES) establised in August 2014 by the Bank of Portugal as a bridge bank (or a "good bank") to rescue assets and liabilities of BES. The only owner of Novo Banco is a special bank Resolution Fund, the fund will continue to own the bank until the bank is sold to new owners. Novo Banco provides products and services in retail and investment banking, asset management and insurance. Novo Banco dos Açores, SA operates as a subsidiary of Novo Banco, SA (Portugal).

Services

retail banking
investment management
asset management
insurance

Products

current accounts
credit cards
debit cards
savings accounts
time deposit accounts
investment funds
consumer loans

Financials

Total Assets of Novo Banco dos Açores, SA
Net_income of Novo Banco dos Açores, SA
Total Assets (2015)
743.60 mln EUR
Net Income (2015)
3.87 mln EUR

In 2015 total assets of Novo Banco dos Açores, SA were 743,60 mln EUR. In 2015 the bank's net income was 3,87 mln EUR.

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Fundo de Garantia de Depósitos (FGD)
Covered Depositors
natural persons
legal entities
Covered Accounts
current accounts
savings accounts
time deposit accounts

Novo Banco dos Açores, 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. Novo Banco dos Açores, SA is a member of Fundo de Garantia de Depósitos (FGD) and makes its contributions into it.

Contacts

R. Hintze Ribeiro, nºs 2/8, 9500-049, Ponta Delgada, Portugal

Novo Banco dos Açores, SA is headquartered in Ponta Delgada.

Bank Identifiers

BIC (SWIFT)
BESAPTPA
LEI
549300EP6JOM2CY64233
Company Number
512061840
MFI ID
PT160

Bank History

Previous Name
Banco Espírito Santo dos Açores, SA

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See Also

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