Caixa geral de depositos S.A.

Caixa Geral de Depósitos, S.A. is a Portuguese state‑owned universal bank headquartered in Lisbon, founded in 1876, operating across retail, corporate, and public‑sector banking. The group offers current and savings accounts, term deposits, consumer credit, mortgages, SME and corporate lending, trade finance, cash management, cards compatible with the Multibanco network, and investment and savings solutions distributed through its asset management and investment banking subsidiaries (including Caixa Gestão de Ativos and Caixa – Banco de Investimento). Distribution combines a nationwide branch and ATM network in Portugal with online and mobile channels under the CaixaDirecta brand, and the bank supports domestic and SEPA payments, including PSD2/open‑banking connectivity and strong customer authentication. Internationally, CGD maintains select operations serving Portuguese communities and trade corridors, notably through Banco Nacional Ultramarino in Macau and units in markets such as France and Luxembourg, while having reduced its footprint in recent years through disposals of certain non‑core subsidiaries. Supervision is conducted under the European Banking Union framework by the European Central Bank in cooperation with Banco de Portugal, and eligible deposits are protected by the Portuguese Deposit Guarantee Fund up to the statutory limit of EUR 100,000 per depositor. The bank distributes insurance products via bancassurance partnerships and is subject to Portuguese rules on basic payment accounts and fee transparency, offering a minimum‑services account in line with national regulation. In the past decade CGD implemented an EU‑approved restructuring and recapitalization program focused on balance‑sheet cleanup and efficiency, with ongoing attention to capital, liquidity, and non‑performing exposure reduction. Mortgage and consumer credit underwriting follows Banco de Portugal macroprudential guidelines on maturities, loan‑to‑value, and borrower affordability.