Abanca Corporación Bancaria, SA, Sucursal em Portugal (formerly NCG Banco, SA, Sucursal em Portugal)

Abanca Corporación Bancaria (ABANCA) is a Spanish bank, established in 2011. The bank provides retail and corporate banking services. Abanca Corporación Bancaria, SA, Sucursal em Portugal operates as a branch of Abanca Corporación Bancaria, S.A. (Spain).

Bank Category

Branches of foreign banks

Services

Retail Banking
Corporate Banking

Products

Abanca Corporación Bancaria, SA, Sucursal em Portugal participates in deposit guarantee scheme of Spain. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

Av. Marechal Gomes da Costa, 1131, 4150-360, Porto, Portugal

Abanca Corporación Bancaria, SA, Sucursal em Portugal is located in Porto.

Bank Identifiers

BIC (SWIFT)
CAGLPTP1LBU
MFI ID
PT170

Business Summary

Services
retail banking
corporate banking
Products
current accounts
debit cards
savings accounts
time deposit accounts
credit cards
consumer loans
car loans
mortgage loans (2.29 - 2.29 %)

Abanca Corporación Bancaria, SA, Sucursal em Portugal provides products and services in the areas of retail banking, corporate banking. The range of products offered by Abanca Corporación Bancaria, SA, Sucursal em Portugal includes current accounts, debit cards, savings accounts, time deposit accounts, credit cards, consumer loans, car loans, mortgage loans (2.29 - 2.29 %).

Products

Mortgage Loans

Mortgage loans are secured loans used for real estate financing purposes (for example, purchase of a new or existing property, construction of an own property, property renovation) without paying the entire value up front. A mortgage loan is secured by the collateral of specified real estate property and is repaid in installments. Mortgage loans offered by Abanca Corporación Bancaria, SA, Sucursal em Portugal are shown in the table below.

Updated on 11 December 2018

Sales Region
Portugal
Currency
EUR
Interest Rate (p.a.)
2.29 %
Max. Mortgage Term
45 years

Portugal: This product is offered to Portuguese residents only. When clicking on the product link you will be redirected to the product page in Portuguese.

See Also

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

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

All branches of EU-banks operating in Portugal participate in deposit guarantee schemes of their home countries. This means that Abanca Corporación Bancaria, SA, Sucursal em Portugal participates in the deposit guarantee scheme of Spain.

In the case of Abanca Corporación Bancaria, SA, Sucursal em Portugal failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Covered Accounts  credit balances on accounts, nominative deposit certificates constituted in the EU
Covered Currencies  all
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) 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.

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).

BIC of Abanca Corporación Bancaria, SA, Sucursal em Portugal and its components are shown in the table below.

BIC  CAGLPTP1LBU
Bank BIC Code  CAGL
Country Code  PT (Portugal)
Location Code  P1
Branch Code  LBU

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.

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.

MFI ID of Abanca Corporación Bancaria, SA, Sucursal em Portugal is shown in the table below.

MFI ID  PT170

European Presence: 3 banks in 3 countries

Abanca Corporación Bancaria, SA, Sucursal em Portugal operates under the brand name Abanca. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Portugal

  •  (this bank) Abanca Corporación Bancaria, SA, Sucursal em Portugal (Porto)

Spain

Switzerland