Portuguese Banks and Their Expansion in Portuguese-Language Countries

  • Anabela Sérgio
Part of the Palgrave Macmillan Studies in Banking and Financial Institutions book series (SBFI)


Several Portuguese banks have been established in Portuguese-language countries for a long time, with different strategies and aims. These banks are Banco BIC; Montepio, under the brand of Finibanco Angola; Millennium bcp (Banco Comercial Português); BPI (Banco Português de Investimentos), under the brand of Banco de Fomento Angola (BFA); and CGD (Caixa Geral de Depósitos), the only state-owned bank. These banks are operating in several countries, including Angola, Mozambique, Cape Verde, Guinea-Bissau, Timor, and Brazil, with different levels of strength and geographical coverage. Individual analyses of each bank’s performance, strategies, and aims follow.


Retail Banking Initial Public Offer Branch Network Portuguese Company Investment Center 
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© Anabela Sérgio 2016

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  • Anabela Sérgio

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