Banco BIC Português, SA

Banco BIC Português, S.A., which operates under the EuroBic brand, is a Portuguese commercial bank headquartered in Lisbon that provides retail and corporate banking services such as current and savings accounts, term deposits, payment services, cards, consumer credit, mortgages, SME lending, cash management, and trade finance, accessible through a branch network, online banking, and a mobile app. The bank expanded its footprint by acquiring the nationalized Banco Português de Negócios (BPN) in 2012 and integrating its operations. It is classified as a less significant institution within the European banking union framework and is supervised by Banco de Portugal under the Single Supervisory Mechanism; eligible deposits are protected by the Portuguese Deposit Guarantee Fund up to €100,000 per depositor, per bank, in line with EU law. Account opening follows Portuguese KYC/AML requirements and typically requires valid identification and tax documentation, with policies for non-residents and remote onboarding subject to the bank’s criteria and applicable regulation. The shareholder base has historically included Angolan investors and has been the subject of changes and regulatory scrutiny in recent years, with governance and compliance measures adjusted accordingly; any ongoing corporate transactions or ownership updates are typically disclosed through official communications. Pricing, terms and digital features vary by product and client segment and are set out in the bank’s published price lists and pre-contractual information, including any applicable maintenance, transfer, or early-repayment fees defined by Portuguese regulation and the bank’s tariff schedule.