Banco Português de Investimento

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Banco Português de Investimento (BPI ) is a private Portuguese universal bank. It operates in the banking business with companies, institutional and private clients. As Sociedade de Investimentos Portuguêsa it was founded in 1981 by Artur Santos Silva. It is the third largest private Portuguese financial group with assets of 112.9 billion Euros (2009). Chairman and CEO Fernando Ulrich. Headquartered in Porto. The Bank's shares are listed on the PSI 20.

The group commercial bank Banco BPI has more than 1.4 million customers, individuals, businesses and institutions. Through its multi-channel distribution network of 674 branches, 30 investment centers and branches, the bank specializes in home loans through a network of external companies. The Bank operates mainly in Portugal, and Spain, Angola and Mozambique. In Angola, BPI leader in corporate banking and its activity is achieved a 25 % market share through its 50.1 % stake in the Angolan Banco de Fomento Angola ( BFA) with 750,000 customers (as of December 2010). In Mozambique, the BPI holds a 30 percent stake in the bank BCI Fomento.

On October 25, 2007, BPI has a merger proposal to Banco Comercial Português, the largest private bank in Portugal addressed. The Board of Directors of BCP has rejected the proposal.

The largest shareholders of BPI (August 2012): 46.22 % of shares are held by the Catalan bank Criteria CaixaCorp, the Angolan investor Isabel dos Santos holds 19.43 percent shares and the German alliance holds 8.8 percent.

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