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Espírito Santo Financial Group
The Espírito Santo Financial Group (ESFG) is a Portuguese holding company with headquarters in Luxembourg, founded in 1984. The group represents the interests of the Portuguese ''Espirito Santo Group'', which has major investments in Portugal and Europe, Americas, Africa and Asia. The company is listed on the NYSE Euronext and the London Stock Exchange. The flagship of ESFG is the Banco Espírito Santo(BES), a full-service bank based in Lisbon. The bank has subsidiaries within and outside of the Portuguese-speaking business world. Through its subsidiaries, ESFG provides a series of banking services that are centered in the Banco Espirito Santo. These are general insurance services (Tranquilidade) and health services (BES Saúde). In addition to the Banco Espirito Santo in Portugal, Azores and Madeira, BES has branches in Luanda, as well as branches or offices in São Paulo, Praia, Madrid, London, Frankfurt, Paris, Warsaw, Lausanne, Macau, Panama City, Dubai, Miami, New York ...
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Africa
Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area and 20% of its land area.Sayre, April Pulley (1999), ''Africa'', Twenty-First Century Books. . With billion people as of , it accounts for about of the world's human population. Africa's population is the youngest amongst all the continents; the median age in 2012 was 19.7, when the worldwide median age was 30.4. Despite a wide range of natural resources, Africa is the least wealthy continent per capita and second-least wealthy by total wealth, behind Oceania. Scholars have attributed this to different factors including geography, climate, tribalism, Scramble for Africa, colonialism, the Cold War, neocolonialism, lack of democracy, and corruption. Despite this low concentration of wealth, recent economic expansion and the large and young ...
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São Paulo
São Paulo (, ; Portuguese for 'Saint Paul') is the most populous city in Brazil, and is the capital of the state of São Paulo, the most populous and wealthiest Brazilian state, located in the country's Southeast Region. Listed by the GaWC as an alpha global city, São Paulo is the most populous city proper in the Americas, the Western Hemisphere and the Southern Hemisphere, as well as the world's 4th largest city proper by population. Additionally, São Paulo is the largest Portuguese-speaking city in the world. It exerts strong international influences in commerce, finance, arts and entertainment. The city's name honors the Apostle, Saint Paul of Tarsus. The city's metropolitan area, the Greater São Paulo, ranks as the most populous in Brazil and the 12th most populous on Earth. The process of conurbation between the metropolitan areas around the Greater São Paulo ( Campinas, Santos, Jundiaí, Sorocaba and São José dos Campos) created the São Paulo Macro ...
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Luanda
Luanda () is the Capital (political), capital and largest city in Angola. It is Angola's primary port, and its major Angola#Economy, industrial, Angola#Culture, cultural and Angola#Demographics, urban centre. Located on Angola's northern Atlantic Ocean, Atlantic coast, Luanda is Angola's administrative centre, its chief seaport, and also the capital of the Luanda Province. Luanda and its metropolitan area is the most populous Portuguese language, Portuguese-speaking capital city in the world and the most populous Lusophone city outside Brazil, with over 8.3 million inhabitants in 2020 (a third of Angola's population). Among the oldest colonial cities of Africa, it was founded in January 1576 as ''São Paulo da Assunção de Loanda'' by Portuguese explorer Paulo Dias de Novais. The city served as the centre of the Slavery in Angola, slave trade to Brazil before its prohibition. At the start of the Angolan Civil War in 1975, most of the white Portuguese left as refugees, princ ...
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Madeira
) , anthem = ( en, "Anthem of the Autonomous Region of Madeira") , song_type = Regional anthem , image_map=EU-Portugal_with_Madeira_circled.svg , map_alt=Location of Madeira , map_caption=Location of Madeira , subdivision_type=Sovereign state , subdivision_name=Portugal , established_title= Discovery , established_date=1418-1419 , established_title2=Settlement , established_date2=c. 1425 , established_title3=Autonomous status , established_date3=30 April 1976 , named_for = en, wood ( pt, madeira) , official_languages= Portuguese , demonym= en, Madeiran ( pt, Madeirense) , capital = Funchal , government_type= Autonomous Region , leader_title1=Representative of the Republic , leader_name1=Irineu Barreto , leader_title2= President of the Regional Government of Madeira , leader_name2= Miguel Albuquerque , leader_title3=President of the Legislative Assembly , leader_name3=José Manuel Rodrigues , legislature= Legislative Assembly , national_representation=Nat ...
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Azores
) , motto= ( en, "Rather die free than subjected in peace") , anthem=( en, "Anthem of the Azores") , image_map=Locator_map_of_Azores_in_EU.svg , map_alt=Location of the Azores within the European Union , map_caption=Location of the Azores within the European Union , coordinates = , subdivision_type = Country , subdivision_name = , established_title=Settlement , established_date=1432 , established_title3=Autonomous status , established_date3=30 April 1976 , official_languages= Portuguese , demonym= ( en, Azorean) , capital_type=Capitals , capital = Ponta Delgada (executive) Angra do Heroísmo (judicial)Horta (legislative) , largest_city = Ponta Delgada , government_type= Autonomous Region , leader_title1=Representative of the Republic , leader_name1=Pedro Manuel dos Reis Alves Catarino , leader_title2= President of the Legislative Assembly , leader_name2= Luís Garcia , leader_title3= President of the Regional Government , le ...
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Banco Espirito Santo
Banco may refer to: Places * Banc (Barcelona Metro), also called Banco, a closed metro stop on the Barcelona metro * Banco, Virginia, an unincorporated community * Banco, West Virginia, an unincorporated community * Banco National Park, a national park in Côte d'Ivoire * Banko, Guinea, a town and sub-prefecture in the Dabola Prefecture in the Faranah Region * Banko, Mali, a rural commune and village in the Cercle of Dioïla in the Koulikoro Region * Banko, a town in the Sekyere Kumawu district og Ghaba Arts and architecture * ''Banco'' (Banco del Mutuo Soccorso album), 1975 album by Italian progressive rock band Banco del Mutuo Soccorso * ''Banco'' (Sir Michael Rocks album), 2014 album by American rapper Sir Michael Rocks * ''Banco'' (novel), 1972 autobiography by Henri Charrière * Banco architecture, a West African type of mudbrick, and the architecture made with it * Banco (building material); fermented mud; made by fermenting mud with rice husks * Banco (typeface), a dec ...
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Community Of Portuguese Language Countries
The Community of Portuguese Language Countries (Portuguese language, Portuguese: ''Comunidade dos Países de Língua Portuguesa''; abbreviated as the CPLP), also known as the Lusophone Commonwealth (''Comunidade Lusófona''), is an international organization and political association of Lusophone nations across four continents, where Portuguese language, Portuguese is an official language. The CPLP operates as a privileged, multilateral forum for the mutual cooperation of the governments, economies, non-governmental organizations, and peoples of the ''Lusophone, Lusofonia''. The CPLP consists of Member states of the Community of Portuguese Language Countries#members, 9 member states and Member states of the Community of Portuguese Language Countries#Observers, 32 associate observers, located in Europe, South America, Asia, Africa and Oceania, totaling 37 countries and 4 organizations. The history of the CPLP began when it was founded in 1996, in Lisbon, by Angola, Brazil, Cabo Ver ...
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Lisbon
Lisbon (; pt, Lisboa ) is the capital and largest city of Portugal, with an estimated population of 544,851 within its administrative limits in an area of 100.05 km2. Lisbon's urban area extends beyond the city's administrative limits with a population of around 2.7 million people, being the 11th-most populous urban area in the European Union.Demographia: World Urban Areas
- demographia.com, 06.2021
About 3 million people live in the Lisbon metropolitan area, making it the third largest metropolitan area in the , after

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Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in ...
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Banco Espírito Santo
Banco Espírito Santo (BES) was a Portuguese bank based in Lisbon that on 4 August 2014 was split in two banks: Novo Banco, which kept its healthy operations, and a "bad bank" to keep its toxic assets. It once was the second-largest listed Portuguese bank and the ninth-largest contributor to the PSI-20 index. BES was the second-largest private financial institution in Portugal in terms of net assets (€80,700 million in March 2011), with an average market share of 20.3% in Portugal and 2.1 million clients. On 3 August 2014, Banco de Portugal, Portugal's central bank, announced a €4.4 billion bailout of BES that heralded the end of BES as a private bank. The bailout was funded by the Portuguese Resolution Fund ( pt, Fundo de Resolução). The bank was split into a healthy bank, Novo Banco, while the toxic assets remained in the existing bank until its liquidation in July 2016. It has since been proven that the administration of BES led by Ricardo Salgado "disobeyed the Ban ...
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Flagship
A flagship is a vessel used by the commanding officer of a group of naval ships, characteristically a flag officer entitled by custom to fly a distinguishing flag. Used more loosely, it is the lead ship in a fleet of vessels, typically the first, largest, fastest, most heavily armed, or best known. Over the years, the term "flagship" has become a metaphor used in industries such as broadcasting, automobiles, education, technology, airlines, and retail to refer to their highest profile or most expensive products and locations. Naval use In common naval use, the term ''flagship'' is fundamentally a temporary designation; the flagship is wherever the admiral's flag is being flown. However, admirals have always needed additional facilities, including a meeting room large enough to hold all the captains of the fleet and a place for the admiral's staff to make plans and draw up orders. Historically, only larger ships could accommodate such requirements. The term was also used b ...
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