Banco Interatlântico
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Banco Interatlântico
Banco Interatlântico is a Cape Verdean commercial bank. Its headquarter is at Avenida Cidade de Lisboa in Praia. The bank was established in July 1999 as a subsidiary of the Portuguese Caixa Geral de Depósitos Caixa Geral de Depósitos (CGD) () is a Portugal, Portuguese state-owned banking corporation, and the largest bank in Portugal, established in Lisbon in 1876. CGD now has presence in 23 countries spanning four continents through branches, repres .... The CGD Group now owns 70% of Banco Interatlântico.History
Banco Interatlântico


See also

* List of companies in Cape Verde *
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Commercial Bank
A commercial bank is a financial institution that accepts deposits from the public and gives loans for the purposes of consumption and investment to make a profit. It can also refer to a bank or a division of a larger bank that deals with wholesale banking to corporations or large or middle-sized businesses, to differentiate from retail banks and investment banks. Commercial banks include private sector banks and public sector banks. However, central banks function differently from commercial banks, despite a common misconception known as the "bank analogy". Unlike commercial banks, central banks are not primarily focused on generating profits and cannot become insolvent in the same way as commercial banks in a fiat currency system. History The name ''bank'' derives from the Italian word ''banco'' 'desk/bench', used during the Italian Renaissance era by Florentine bankers, who used to carry out their transactions on a desk covered by a green tablecloth. However, traces of ...
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Praia
Praia (, Portuguese for "beach") is the capital and largest city of Cape Verde.Cape Verde, Statistical Yearbook 2015
Instituto Nacional de Estatística
Located on the southern coast of Santiago island within the group, the city is the seat of the ...
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Santiago, Cape Verde
Santiago (Portuguese language, Portuguese for “James, son of Zebedee, Saint James”) is the largest island of Cape Verde, its most important agricultural centre and home to half the nation's population. Part of the Sotavento Islands, it lies between the islands of Maio, Cape Verde, Maio ( to the east) and Fogo, Cape Verde, Fogo ( to the west). It was the first of the islands to be settled: the town of Ribeira Grande (now Cidade Velha and a UNESCO World Heritage Site) was founded in 1462. Santiago is home to the nation's capital city of Praia. History The eastern side of the nearby island of Fogo, Cape Verde, Fogo collapsed into the ocean 73,000 years ago, creating a tsunami high which struck Santiago. In 1460, António de Noli became the first to visit the island. Da Noli settled at ''Ribeira Grande'' (now Cidade Velha) with his family members and Portuguese from Algarve and Alentejo in 1462.
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Cape Verde
Cape Verde or Cabo Verde, officially the Republic of Cabo Verde, is an island country and archipelagic state of West Africa in the central Atlantic Ocean, consisting of ten volcanic islands with a combined land area of about . These islands lie between west of Cap-Vert, the westernmost point of continental Africa. The List of islands of Cape Verde, Cape Verde islands form part of the Macaronesia ecoregion, along with the Azores, the Canary Islands, Madeira and the Savage Isles. The Cape Verde archipelago was uninhabited until the 15th century, when Portuguese Empire, Portuguese explorers colonized the islands, establishing one of the first Age of Discovery, European settlements in the tropics. Due to its strategic position, Cape Verde became a significant location in the Atlantic slave trade, transatlantic slave trade during the 16th and 17th centuries. The islands experienced economic growth during this period, driven by their role by the rapid emergence of merchants, priva ...
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Commercial Bank
A commercial bank is a financial institution that accepts deposits from the public and gives loans for the purposes of consumption and investment to make a profit. It can also refer to a bank or a division of a larger bank that deals with wholesale banking to corporations or large or middle-sized businesses, to differentiate from retail banks and investment banks. Commercial banks include private sector banks and public sector banks. However, central banks function differently from commercial banks, despite a common misconception known as the "bank analogy". Unlike commercial banks, central banks are not primarily focused on generating profits and cannot become insolvent in the same way as commercial banks in a fiat currency system. History The name ''bank'' derives from the Italian word ''banco'' 'desk/bench', used during the Italian Renaissance era by Florentine bankers, who used to carry out their transactions on a desk covered by a green tablecloth. However, traces of ...
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Avenida Cidade De Lisboa
Avenida Cidade de Lisboa is an avenue west of the center of Praia, Santiago island, Cape Verde. It runs along the neighbourhoods of Várzea, Achadinha and Chã de Areia. It is one of the major arterial roads of the city. The street is named for Praia's town twinning with the city of Lisbon, Portugal. It runs south to north, west of the Plateau (city centre). The annual carnival parade takes place on Avenida Cidade de Lisboa.Inventário dos recursos turísticos do município da Praia
Direcção Geral do Turismo
Notable buildings along the street: *Palácio do Governo *

Caixa Geral De Depósitos
Caixa Geral de Depósitos (CGD) () is a Portugal, Portuguese state-owned banking corporation, and the largest bank in Portugal, established in Lisbon in 1876. CGD now has presence in 23 countries spanning four continents through branches, representative offices or direct equity interests in local financial institutions. CGD is the largest Portuguese financial group, with the highest domestic market shares in key areas such as customer deposits, loans and advances to customers, mortgages, insurance, mutual funds and real estate leasing (11.4%). Based on assets, it ranks 109 in terms of the world's major banks. CGD is the 69th largest European bank. CGD has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank. History *1876 — Caixa Geral de Depósitos was founded under the aegis of the Junta de Crédito Público. *1880 — Caixa Económica ...
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List Of Companies In Cape Verde
Cape Verde, officially the Republic of Cabo Verde, is an island country spanning an archipelago of 10 volcanic islands in the central Atlantic Ocean. Located off the coast of West Africa, the islands cover a combined area of slightly over . Most of the nation's GDP comes from the service industry. Cape Verde's economy has been steadily growing since the late 1990s, and it is now officially considered a country of average development, being only the second country to have achieved such transition, after Botswana in 1994. Cape Verde has significant cooperation with Portugal at every level of the economy, which has led it to Fixed exchange rate, link its currency (the Cape Verdean escudo) first to the Portuguese escudo and, in 1999, to the euro. Notable firms This list includes notable company, companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are in ...
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List Of Banks In Cape Verde
This is a list of commercial banks in Cape Verde, as updated in late 2024 by the Bank of Cape Verde. List of commercial banks * Banco BAI Cabo Verde, S.A., part of Banco Angolano de Investimentos Group * Banco Caboverdiano de Negócios, S.A., majority-owned by insurance group IMPAR * Banco Comercial do Atlântico, S.A. * Banco Interatlântico, S.A., part of CGD Group * Banco de Fomento Internacional - BFI Bank, S.A. * Caixa Económica de Cabo Verde, S.A., state-owned * Ecobank Cabo Verde, S.A., part of Ecobank Group * International Investment Bank, S.A. (formerly Banco Internacional de Cabo Verde, S.A. / Banco Espírito Santo de Cabo Verde), owned by Bahrain-based iiB Group Holdings WLL ''Banks in liquidation'' * Banco BIC Cabo Verde, S.A., formerly Banco Português de Negócios (IFI), S.A. * Banco Privado Internacional, S.A. See also * List of banks in Africa External links Website of Bank of Cape Verde (Portuguese) References {{Economy of Cape Verde Banks Cape ...
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Banks Of Cape Verde
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancien ...
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Companies Based In Praia
A company, abbreviated as co., is a Legal personality, legal entity representing an association of legal people, whether Natural person, natural, Juridical person, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the State (polity), state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * List of legal entity types by country, business entities, whose aim is to generate sales, revenue, and For-profit, profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limi ...
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