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Banco Internacional de São Tomé e Príncipe (BISTP) is the largest and oldest commercial bank in
The bank was formed when the government converted
Official website
{{DEFAULTSORT:Banco Internacional de Sao Tome e Principe Banks of São Tomé and Príncipe Banks established in 1993 1993 establishments in São Tomé and Príncipe São Tomé
São Tomé and Príncipe
São Tomé and Príncipe (; pt, São Tomé e Príncipe (); English: " Saint Thomas and Prince"), officially the Democratic Republic of São Tomé and Príncipe ( pt, República Democrática de São Tomé e Príncipe), is a Portuguese-speaking i ...
. It consists of a head office and 14 branches. Its name translates to International Bank of São Tomé and Príncipe.
History
The bank was formed when the government converted National Bank of São Tomé and Príncipe
National may refer to:
Common uses
* Nation or country
** Nationality – a ''national'' is a person who is subject to a nation, regardless of whether the person has full rights as a citizen
Places in the United States
* National, Maryland, ce ...
from a combined central, development, and commercial bank into a pure central bank, Central Bank of São Tomé and Príncipe
The Central Bank of São Tomé and Príncipe ( pt, Banco Central de São Tomé e Príncipe or BCSTP) is the central bank of São Tomé and Príncipe, a Portuguese-speaking island nation off the western equatorial coast of Central Africa.
History
...
, on March 3, 1993. The government joined with two Portuguese banks, Banco Nacional Ultramarino and Banco Totta e Açores
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 natio ...
, to establish BISTP. The government owned 42%, and the two banks shared 52%. (The government had created National Bank of São Tomé and Príncipe in 1975 out of the branch of Banco Nacional Ultramarino. The bank, therefore, in a sense can trace its history back to Banco Nacional Utlramarino's entry in 1868.) The Portuguese bank, Caixa Geral de Depósitos, which had acquired Banco Nacional Ultramarino in 1988, merged with it fully in 2001. In 2000, Banco Santander acquired Banco Totta e Açores and disposed of its interest in BISTP to Caixa Geral de Depósitos, which now owns 52% of BISTP. It became an entirely a private company in 2003. In 2007, it had three branches, the number expanded to 14 in 2014 in two islands.
In 2009, it had announced that the banking services started to offer online under the name ''BISTP KWA Non''"São Tomé e Príncipe: «BISTP Kwa Non» oferece novo serviço aos santomenses", Jornal Digital, (Portuguese), 7 July 2009
See also
*List of companies of São Tomé and Príncipe
São Tomé and Príncipe is a Portuguese-speaking island nation in the Gulf of Guinea, off the western equatorial coast of Central Africa. It consists of two archipelagos around the two main islands: São Tomé and Príncipe, located about apa ...
References
External links
Official website
{{DEFAULTSORT:Banco Internacional de Sao Tome e Principe Banks of São Tomé and Príncipe Banks established in 1993 1993 establishments in São Tomé and Príncipe São Tomé