Banco Montepio

Last updated • 1 min readFrom Wikipedia, The Free Encyclopedia

Banco Montepio
Company type Privately Held
Industry Banking
Founded1844
Headquarters
Lisbon, Portugal
Products Retail Banking [1]
Website bancomontepio.pt

Banco Montepio (Portuguese pronunciation: [mõtɨˈpiu] ), formerly Montepio Geral, legally incorporated as Caixa Económica Montepio Geral, Caixa Económica Bancária, S.A. is a Portuguese mutual savings organization, better known for its banking activity. [2] [3] Banco Montepio was established in 1844 and is headquartered in Lisbon. [4]

Contents

The Montepio group is headed by the Montepio Geral - Associação Mutualista and includes the Banco Montepio (banking holding), the Lusitania (insurance company), the Lusitania Vida (life insurances), [5] the Fundação Montepio (social solidarity foundation), the Futuro (pension fund management), the Montepio Gestão de Activos (investment fund management), the Residências Montepio (Senior residences management) and the Leacock (insurance broker company). [6]

It served as the official jersey sponsor of the Portuguese national basketball team at the 2011 EuroBasket in Lithuania. [7]

On 20 February 2019, Montepio released its new brand and became known as Banco Montepio. [8] [9] [10] In addition to the brand, the logo also was renovated: it now features just one pelican, and not two as it was previously. [11]

Banco Montepio has more than 200 branches nationwide and representation in France, Germany, Switzerland, Canada and the United States of America, in the cities of Paris, Frankfurt, Geneva, Toronto and Newark, respectively. [12]

History

Montepio was delisted from the Euronext stock exchange on 15 September 2017. [13]

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References

  1. "Caixa Económica Montepio Geral". Linkedln. Retrieved 8 February 2019.
  2. ECO (22 December 2023). "Banco Montepio". ECO (in European Portuguese). Retrieved 12 January 2024.
  3. Suspiro, Ana. "O que vai mudar no Montepio?". Observador (in European Portuguese). Retrieved 12 January 2024.
  4. "Caixa Económica do Montepio Geral". www.bportugal.pt (in Portuguese). Retrieved 12 January 2024.
  5. ECO (31 March 2023). "Montepio injeta 115 milhões na Lusitânia para "apagar" prejuízos". ECO (in European Portuguese). Retrieved 12 January 2024.
  6. Alves, Maria Teixeira (31 May 2022). "Mutualista Montepio passa de prejuízo a resultado consolidado positivo de 73 milhões em 2021". O Jornal Económico (in European Portuguese). Retrieved 12 January 2024.
  7. 2015 Elvis Evora Photos - Standard Life Team GB Men v Portugal - Basketball, Zimbio.com, Retrieved 8 July 2016.
  8. "Novo logótipo Banco Montepio". Logotipo.pt (in European Portuguese). 26 March 2019. Retrieved 12 January 2024.
  9. "Caixa Económica Montepio Geral muda de nome ainda este ano". Jornal Expresso (in European Portuguese). Retrieved 12 January 2024.
  10. "Marca Montepio vai manter-se mas nome poderá sofrer alterações". www.jornaldenegocios.pt (in European Portuguese). Retrieved 12 January 2024.
  11. ECO (16 February 2019). "Montepio tem nova cara. É esta a nova imagem do banco". ECO (in European Portuguese). Retrieved 3 March 2024.
  12. "The Bank". Banco Montepio. Retrieved 18 February 2024.
  13. "MONTEPIO". www.euronext.com. Euronext. Retrieved 8 February 2019.