Novo Banco is a reference institution in the Portuguese financial system, with over 1,4 million clients (3rd largest private financial institution in Portugal by net assets).
Novo Banco was created on August 2014, after a resolution measure was applied by Bank of Portugal to Banco Espírito Santo (BES), and it is subject to the legal and regulatory framework applicable to Portuguese banks.
Novo Banco is a universal bank with a wide offer and a well-defined approach to each of its business segments – Corporate & Retail Banking, International Operations, Asset Management, among others.
It has an average market share of 18% and operates across all areas of financial services.
With a strong franchise in the Corporate and International Banking segments, backed by a focused commercial approach, Novo Banco has a staff of 4,400 and about 350 branches widespread throughout Portugal.
In Corporate Banking, Novo Banco is a leading institution with a clear focus on the SME and Mid-Cap segment.
It has a market share of 20% in Trade Finance and 15% in Corporate, where 70% of large corporate and 58% of SMEs are Novo Banco clients.
The bank has also 20 Corporate Centres widespread in Portugal, 2 large Corporate Centres and a Team of specialized bankers committed to support Portuguese companies with their international business and expanding abroad.
Carlos Patriarca Ferreira -Senior Relationship Manager – DCI - [email protected]