Novo Banco S.A., Succursale de Luxembourg

 (3.7; 3 ratings)
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Business Focus

wealth management

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 S.A., Succursale de Luxembourg operates as a branch of Novo Banco, SA (Portugal).

Bank Category

Branches of foreign banks

Services

retail banking
investment management
asset management
insurance

Products

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

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

Deposit Guarantee

Guarantee Fund
Fundo de Garantia de Depósitos (FGD)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

Novo Banco S.A., Succursale de Luxembourg 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 S.A., Succursale de Luxembourg is a member of Fundo de Garantia de Depósitos (FGD) and makes its contributions into it.

Contacts

1, rue Schiller, L-2519, LUXEMBOURG, Luxembourg
+352 27 36 25 00
+352 27 36 25 01

Novo Banco S.A., Succursale de Luxembourg is located in LUXEMBOURG.

Bank Identifiers

BIC (SWIFT)
BESCLULL
MFI ID
LUB00388

Bank History

Start Date
August 2014

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