Montepio (), formerly Montepio Geral, is a
Portuguese
Portuguese may refer to:
* anything of, from, or related to the country and nation of Portugal
** Portuguese cuisine, traditional foods
** Portuguese language, a Romance language
*** Portuguese dialects, variants of the Portuguese language
** Portu ...
mutual savings organization, better known for its banking activity. Banco Montepio was established in 1844 and is headquartered in
Lisbon.
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 hedge ...
company), the Lusitania Vida (
life insurances), the Fundação Montepio (social solidarity foundation), the Futuro (
pension fund management), the Montepio Gestão de Activos (
investment fund
An investment fund is a way of 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 advantages in ...
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 negotia ...
company).
It served as the official jersey sponsor of the
Portuguese national basketball team
The Portugal men's national basketball team ( pt, Seleção Portuguesa de Basquetebol) represents Portugal in international basketball competition. The team is controlled by the Portuguese Basketball Federation.
Portugal doesn't have much histo ...
at the
2011 EuroBasket
EuroBasket 2011 was the 37th men's European Basketball Championship, held by FIBA Europe. The competition was hosted by Lithuania. This was the second time EuroBasket had been held in Lithuania, the country having also hosted the 1939 cha ...
in Lithuania.
On February 20, 2019, Montepio released its new brand and became known as Banco Montepio.
History
Montepio was delisted from the
Euronext
Euronext N.V. (short for European New Exchange Technology) is a pan-European bourse that offers various trading and post-trade services.
Traded assets include regulated equities, exchange-traded funds (ETF), warrants and certificates, bonds, ...
stock exchange on the 15th of September 2017.
References
External links
Official Website
Banks of Portugal
Mutual organizations
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