Caixa Geral de Depósitos
Portuguese public banking institution / From Wikipedia, the free encyclopedia
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Caixa Geral de Depósitos (CGD) (Portuguese pronunciation: [ˈkajʃɐ ʒɨˈɾal dɨ ðɨˈpɔzituʃ]) is a Portuguese state-owned banking corporation, and the largest bank in Portugal, established in Lisbon in 1876.[1]
This article includes a list of general references, but it lacks sufficient corresponding inline citations. (October 2012) |
Company type | State-owned enterprise |
---|---|
Industry | Banking |
Founded | 10 April 1876 (1876-04-10) |
Headquarters | Lisbon, Portugal |
Key people | Paulo Macedo (CEO) |
Website | www |
CGD now has presence in 23 countries spanning four continents through branches, representative offices or direct equity interests in local financial institutions. CGD is the largest Portuguese financial group, with the highest domestic market shares in key areas such as customer deposits, loans and advances to customers, mortgages, insurance, mutual funds and real estate leasing (11.4%). Based on assets, it ranks 109 in terms of the world’s major banks. CGD is the 69th largest European bank.
CGD has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.[2][3]