Banco Finantia consolidated results for the first half of 2021
Banco Finantia recorded consolidated net profit of €11.8 million in the first half of 2021, an increase of 25% compared to the same period in 2020, and financial strength, measured by the Common Equity Tier 1 (CET1) ratio, stood at 27.1%, among the highest in European banking. Financial operations, fees and other income amounted to […]
Banco Finantia consolidated results for 2020
In 2020, Banco Finantia increased its financial strength, measured by the Common Equity Tier 1 (CET1) ratio, to 27.3%, one of the highest in European banking. Net income for the year amounted to €23.7 million and net interest income reached €55.7 million. Operating costs decreased by 8% compared to 2019. Customer deposits totalled €950 million, […]
A success story in Spain
Portugalglobal magazine, the official publication of AICEP – the Portuguese Trade & Investment Agency, specialising in current economic and business topics with a focus on the internationalisation of companies, Portuguese exports and investment in Portugal and abroad, highlighted Banco Finantia Spain as a success story in the neighbouring country in its February 2021 edition. In […]
Banco Finantia Spain renews its corporate website
Adapting its design to new ways of communicating our business model to customers and the banking market. It will be possible to access our products and services in a more visual and intuitive way, increasing functionality and user experience but without forgetting the essence that has characterised us over the years. An improvement with a […]
Covid-19 Contingency Plan
In view of the current context relating to the Covid-19 pandemic, which concerns us all as individuals and citizens, Banco Finantia has been developing measures to ensure that the interests of its customers and employees continue to be properly safeguarded, under any circumstances. In view of the current context relating to the Covid-19 pandemic, which […]
Banco Finantia once again leads in Financial Strength and Efficiency in Portugal
Banco Finantia was considered, for the second consecutive year, the most solid (financial soundness) and the most efficient (cost-to-income) among the seven main banks operating in Portugal, according to the 2019 Ranking prepared by the prestigious British magazine The Banker. According to the same study, Banco Finantia ranks fifth in financial soundness and ninth in […]
Banco Finantia’s consolidated results for 2018
Banco Finantia recorded consolidated net profit of €38.6 million in 2018, achieving a pre-tax return on equity (ROE) of 10.2%. Banco Finantia’s financial strength, as measured by the Common Equity Tier 1 (CET1) ratio, reached 21%, one of the highest levels among European banks. Net interest income amounted to €60.5 million, slightly above the previous year’s figure. […]
Banco Finantia acts as co-dealer in EFACEC’s bond issue
-The MARF, BME’s fixed income market, recorded a new issuance by the Portuguese company EFACEC Power Solutions, SPGS, with a total value of €58 million. The bonds issued have a nominal value of €100,000, a five-year maturity — with maturity scheduled for July 2024 – and will pay an annual coupon of 4.5%. BEKA Finance […]
Banco Finantia Spain moves forward in Open Banking with partner Raisin
Banco Finantia Spain, in line with the Finantia Group’s strategy, has partnered with the Berlin-based German open banking platform RAISIN. This platform, like its partner Savedo in Portugal, allows consumers in the countries covered by the platform to access higher deposit rates from various international banks through a single website. Raisin is one of Europe’s leading fintech companies and has […]
Banco Finantia in the ranking of the 140 Portuguese brands with the highest financial and reputational value
Banco Finantia is included in the 2019 Brand Reputation Value study carried out by the multinational On Strategy and published today in Jornal de Negócios. This ranking includes companies from a wide range of sectors and industries. This study aims to assess the financial reputation of brands in Portugal and “results from the application of […]