Finibanco
Porto, Portugal · Finance and Banking
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#Corporate Banking
#Retail Banking
#Insurance
Finibanco is a Finance and Banking company based in Porto, Portugal, founded in 1993, with 1000-5000 employees. Finibanco's profile is verified on Enterprise League.
Overview
Founded in 1993, Finibanco S.A. is a small Portuguese bank with 172 branches (2008 ye). Finibanco S.A. is part of Finibanco Group (recently acquired by Montepio Group).
Finibanco Group is a Portuguese financial group which encompasses, a bank (Finibanco, S.A.), an Angolan bank (Finibanco Angola, S.A.), a credit financial institution (Finicrédito, Instituição Financeira de Crédito, S.A.) and an asset management company (Finivalor – Sociedade Gestora de Fundos Mobiliários, S.A.) .
In 2010 Group Montepio successfully concluded a take-over bid for the total share capital of Finibanco Holding SGPS (Finibanco Group's ultimate holding). In the present Montepio owns nearly 100% of Finibanco Group and a merger between Montepio (a bank owned by Montepio Geral Associação Mutualista) and Finibanco S.A. is expected at short term.
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