novobanco, S.A. is a Portuguese bank that was established on August 4, 2014, by the Bank of Portugal to rescue assets and liabilities of Banco Espírito Santo (BES). It is one of Portugal's largest private banks, offering a comprehensive range of financial products and services to individual customers, corporations, and institutional clients. These include retail banking, commercial banking, investment banking, asset management, and insurance. novobanco is committed to supporting the Portuguese economy and providing innovative financial solutions to its customers.
Serves as the central hub for strategic decision-making, corporate governance, risk management, and overall operational management of novobanco's national and international activities.
Located on Avenida da Liberdade, one of Lisbon's most prestigious and central avenues, known for its historical buildings, luxury shops, and business centers. The building itself is a modern, prominent office structure.
The work culture at novobanco's headquarters emphasizes professionalism, customer focus, innovation, and resilience, reflecting its journey and commitment to rebuilding trust and stability in the Portuguese financial system.
The headquarters is significant as the command center of a major Portuguese financial institution that plays a crucial role in the national economy. Its location underscores its importance and accessibility.
novobanco's global presence is primarily concentrated in Portugal, but it also maintains branches and representative offices in key international markets, particularly in Europe (e.g., Spain, France, Luxembourg) and Lusophone countries (e.g., Cape Verde). These international operations support Portuguese businesses operating abroad, cater to Portuguese communities in other countries, facilitate international trade finance, and provide private banking services.
Avenida da Liberdade 195
Lisboa
Lisbon
Portugal
Address: Avenida da Boavista 1203, 4100-130 Porto, Portugal (Example of a major branch/regional office)
To support the economic activity and financial needs of customers in the Porto metropolitan area and the broader northern region, offering tailored financial solutions and local market expertise.
Address: Paseo de la Castellana, 110, 28046 Madrid, Spain (novobanco Sucursal en España)
To facilitate cross-border business between Portugal and Spain, offering specialized financial services and leveraging its understanding of both Iberian markets.
Address: 42 Avenue Montaigne, 75008 Paris, France (novobanco Sucursal en France)
To provide financial services to the Portuguese community abroad and support bilateral economic relations between France and Portugal.
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As of April 2025, NOVO BANCO' leadership includes:
NOVO BANCO has been backed by several prominent investors over the years, including:
The executive team at novobanco has seen some stability at the top leadership levels, with key figures like CEO Mark Bourke continuing their roles. There may have been non-executive director changes or appointments at levels below the main Executive Committee. For instance, there were some board member changes and re-elections discussed at the 2023 General Meeting.
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novobanco primarily uses the email format combining the employee's first name and last name, separated by a dot, followed by '@novobanco.pt'. Variations might exist for specific departments or legacy systems.
[first].[last]@novobanco.pt
Format
maria.silva@novobanco.pt
Example
85%
Success rate
ECO Sapo • May 10, 2024
novobanco reported a net profit of 208.5 million euros in the first quarter of 2024, an increase of 57% compared to the same period last year. This growth was driven by a rise in net interest income and controlled costs....more
Reuters • February 29, 2024
Novobanco posted a record net profit of 980.6 million euros ($1.06 billion) in 2023, up 65% from the previous year, mainly driven by higher interest rates that boosted its financial margin. The bank also improved its solvency ratios....more
The Portugal News • March 1, 2024
novobanco announced record profits of €743.1 million for 2023, a significant increase from the previous year. This performance was attributed to a favorable interest rate environment and efficient management....more
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