Banif Financial Group

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name: Banif Financial Group

hot: 647



Banif Financial Group (Banif Financial Group) is an international financial services group in Portugal with operations in Europe, South America, North America, Africa and Asia. Banif Financial Group was established by Horacio Roque on January 15, 1988, and took over the bankrupted savings bank defunct Caixa Económica do Funchal.

In 1995, Banif Financial Group established offices in Caracas, Venezuela and South Africa, in 1996 in Sao Paulo, Brazil, and in 2008 in St. Julian, Malta. In March 1992, Banif Financial Group was listed on the Lisbon and Porto stock exchanges. In 2002, Banif Securities acquired Brazilian brokerage firm Indusval and listed on the New York Stock Exchange.

Banif Financial Group is headquartered in Funchal, Portugal. Its chief executive officer is Jorge Sao Tome, and its chairman is Luis Amado. In 2010, its revenue was 552.5 million euros, operating income was 58.1 million, profit was 33.4 million, total assets were 15.71 billion euros, total equity was 1.279 billion euros, and 5,400 employees.

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