Banco Montepio (), 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. Banco Montepio was established in 1844 and is headquartered in
Lisbon
Lisbon ( ; ) is the capital and largest city of Portugal, with an estimated population of 567,131, as of 2023, within its administrative limits and 3,028,000 within the Lisbon Metropolitan Area, metropolis, as of 2025. Lisbon is mainlan ...
.
The Montepio group is headed by the Montepio Geral - Associação Mutualista and includes the Banco Montepio (banking holding), the Lusitania (
insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect ...
company), the Lusitania Vida (
life insurance
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract
A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typical ...
s), the Fundação Montepio (social solidarity foundation), the Futuro (
pension fund
A pension fund, also known as a superannuation fund in some countries, is any program, fund, or scheme which provides pension, retirement income. The U.S. Government's Social Security Trust Fund, which oversees $2.57 trillion in assets, is the ...
management), the Montepio Gestão de Activos (
investment fund
An investment fund is a way of investment, investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group such as reducing the risks of the investment by a significant percentage. These ad ...
management), the Residências Montepio (Senior residences management) and the Leacock (
insurance broker
An insurance broker is an intermediary who sells, solicits, or negotiates insurance on behalf of a client for compensation. An insurance broker is distinct from an insurance agent in that a broker typically acts on behalf of a client by negoti ...
company).
It served as the official jersey sponsor of the
Portuguese national basketball team at the
2011 EuroBasket in Lithuania.
On 20 February 2019, Montepio released its new brand and became known as Banco Montepio. In addition to the brand, the logo also was renovated: it now features just one pelican, and not two as it was previously.
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.
History
Montepio was delisted from the
Euronext
Euronext N.V. (short for European New Exchange Technology) is a European bourse that provides trading and post-trade services for a range of financial instruments.
Traded assets include regulated equities, exchange-traded funds (ETF), warrant ...
stock exchange on 15 September 2017.
References
External links
Official Website
Banks of Portugal
Mutual organizations
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