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Caixa Geral de Depósitos
State-owned enterprise
Industry Banking
Founded 1876 (1876)
Headquarters Lisbon, Portugal
Website www.cgd.pt

Caixa Geral de Depósitos (CGD) (Portuguese pronunciation: [ˈkajʃɐ ʒɨˈɾaɫ dɨ dɨˈpɔzituʃ]) is a Portuguese state-owned banking corporation, and the second largest bank in Portugal. CGD is Portugal's largest public sector banking corporation, 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.


Caixa Geral de Depósitos' headquarters in Lisbon.
  • 1876 — Caixa Geral de Depósitos was founded under the aegis of the Junta de Crédito Público.
  • 1880 — Caixa Económica Portuguesa was founded as a savings bank for Portugal's poorer classes.
  • 1885 — The two Caixas merged.
  • 1896 — CGD was spun off from the Junta de Crédito Público. This was followed by the creation of Caixa de Aposentações for wage earners and Monte de Piedade Nacional, a pawnbroking operation.
  • 1918 — CGD developed general banking operations.
  • 1924 — CGD acquired Banco Financial Português in Brazil.
  • 1969 — CGD, a public service subject to the state's administrative rules, became a state-owned company.
  • 1974 – CGD acquired a 5% stake in Banco Itaú when Itaú acquired Banco Português do Brasil, founded in 1918.
  • 1975 — CGD established a branch in Paris.
  • 1988 — CGD acquired Banco Nacional Ultramarino. With it, CGD got Ultramarino's ownership in several operations abroad, including Banco Internacional de São Tomé e Príncipe.
  • 1991 — CGD acquired Banco de Extremadura in Spain and Chase Manhattan Bank España. Banco de Extramadura traces its origins back to 1939. In 1965, the name became Sánchez de Cáceres and in 1972 transformed into Banco de Extremadura. After CGD acquired it, Chase Manhattan Bank España became Banco Luso-Español.
  • 1993 — CGD became an exclusively state-owned public company
  • 1995 — CGD's acquired Banco Simeón, in Spain, from Banesto. Banco Simeón had been founded in 1857 in Vigo, Spain.
  • 1997 — CGD established Banco Comercial e de Investimentos in Mozambique.
  • 1998 — CGD acquired Banco Bandeirantes in Brazil, to which it transferred some accounts from Banco Financial Português. It also established a branch in Cape Verde, which in 1999 it converted to a subsidiary, Banco Interatlântico, of which it now owns 70%.
  • 2000 — CGD acquired Banco Comercial do Atlântico, making the CGD Group the most important financial institution in Cape Verde. CGD also acquired the Mundial Confiança insurance company and Banco Totta & Comercial Sotto Mayor de Investimento, which it later renamed Caixa-Banco de Investimento. CGD acquired majority control of Banco Internacional de Sao Tome e Principe. CGD sold Banco Bandeirantes to Brazil's Unibanco in return for a 12% share in Unibanco. At the time, CGD held a 4.6% stake in Banco Itaú, which it was forced to give up under conflict of interest rules.
  • 2001 — CGD opened a branch in Dili, East Timor. CGD also merged in Banco Nacional Ultramarino, effectively ending its separate existence, though the name survives in CGD's subsidiary in Macau. Lastly, CGD merged Banco Franco Portugũes into its Paris branch.
  • 2002 — CGD combined its three commercial banks in Spain: Banco Luso-Español, Banco de Extremadura, and Banco Simeón, into one bank under the Banco Simeón name.
  • 2004 — CGD took a controlling interest of 91% in the South African bank holding company, Mercantile Lisbon Bank Holdings Limited (MLBH) (now known as Mercantile Bank Holdings Limited) .
  • 2005 — The alliance between CGD and Unibanco dissolved, with CGD selling its shares.
  • 2006 — Banco Simeón changed its name to Banco Caixa Geral.
  • 2008 — On 28 February, the Central Bank of Brazil authorized CGD to set up Banco Caixa Geral-Brasil in Brazil.

Business units[edit]

CGD engages in, inter alia, retail banking, commercial banking, investment banking and venture capital, asset management, specialised credit, and insurance

Retail banking[edit]

Consumer finance, mortgage lending, credit cards, and deposits to individuals, businessmen, and micro companies

Commercial banking[edit]

Loans, current accounts, investment project financing, discounting bills, venture capital, factoring, equipment and property leasing, syndicated loans, underwriting services to large companies, small and medium enterprises, and the government sector

Corporate finance[edit]

Acquisitions, mergers, restructuring, privatizations, subscription and placement of securities, securitization, preparation and organization of syndicated loans, investment management, financial analysis of markets and companies, and advisory services

Trading and sales segment[edit]

Management of the securities portfolio and issued debt instruments; and money and foreign exchange markets, repo and security loan, and wholesale brokerage operations, as well as offers derivative instruments, and loans and advances to other credit institutions


Various life and non-life insurance products

Asset management[edit]

Open or closed unit trust and property funds, and wealth management funds

International operations[edit]

Caixa operates internationally through a variety of branches, affiliates, and subsidiaries





External links[edit]

Original courtesy of Wikipedia: http://en.wikipedia.org/wiki/Caixa_Geral_de_Depósitos — Please support Wikipedia.
This page uses Creative Commons Licensed content from Wikipedia. A portion of the proceeds from advertising on Digplanet goes to supporting Wikipedia.
1970 videos foundNext > 



Vídeo institucional da Caixa Geral de Depósitos

A Caixa Geral de Depósitos é patrocinadora do Green Project Awards Portugal.

Caixa Geral Depósitos - Dar a volta

Director de Comunicação: Francisco Viana Responsável de Comunicação: Rita Rodrigues/ Cláudia Piconarte/ Tânia Moura e Silva Agência: McCann ...

A vision of the future | Caixa Geral de Depositos | The New Economy Videos

The New Economy investigates Caixa Geral de Depositos, our Best Sustainable Banking Group in Portugal for two years running. How has CGD become a ...

Caixa Geral de Depósitos (2011)

Campaña Caixa Geral de Depósitos, Marzo 2011. Música: Walk it off de Angus & Julia Stone.

Caixa Geral de Depósitos - Rock in Rio Lisboa 2014

Do BagJump passando pela Rock Street, até à zona de convidados da CGD. Foi assim que surpreendemos a cidade do rock, no Rock in Rio Lisboa.

Caixa Geral de Depósitos-Scolari

Caixa Geral de Depósitos - Soluções Portugueses residentes no estrangeiro. Anúncio com Felipe Scolari.

Salto das Estrelas - Caixa Geral de Depósitos

Ativação da Caixa Geral de Depósitos no Rock in Rio Lisboa 2014.

Parabéns Caixa Geral de Depósitos pelos 137 anos!

http://www.facebook.com/sportingclube... http://www.twitter.com/sporting_cp http://gplus.to/sporting http://www.sporting.pt.

Mariza - Minh' Alma (Anúncio Caixa Geral de Depósitos)

Novo anúncio publicitário da Caixa Geral de Depósitos para portugueses residentes no estrangeiro. Mariza é a nova imagem da CGD, e aqui está o primeiro ...

1970 videos foundNext > 

5034 news items


Tue, 22 Sep 2015 08:33:45 -0700

A Caixa Geral de Depósitos vai tentar vender em leilão 190 imóveis, com preços base a variar entre os 14 mil e os 101 mil euros. De acordo com a empresa leiloeira Euro Estates, trata-se de valores que se situam 30% abaixo dos preços de mercado.


Fri, 25 Sep 2015 12:31:50 -0700

Bloco de Esquerda acusou a Caixa Geral de Depósitos (CGD) de obstrução à campanha eleitoral da candidata pelo círculo da Europa, funcionária do banco, por não lhe ter sido concedida dispensa de funções. “Apesar de todas as diligências, a Caixa Geral ...

Correio da Manhã

Tue, 08 Sep 2015 05:16:44 -0700

A dependência bancária da Caixa Geral de Depósitos de Abraveses, em Viseu, foi hoje assaltada por dois homens que levaram o dinheiro que se encontrava em caixa, antes de se colocarem em fuga, disse fonte da PSP de Viseu. De acordo com o ...
Jornal Hardmusica
Sun, 20 Sep 2015 07:36:25 -0700

A terceira edição do Festival Caixa Alfama terminou este sábado e o Jornal Hardmúsica falou com Rita Mata dos Santos, responsável da Caixa Geral de Depósitos no Festival. Rita Mata dos Santos está presente pela Caia Geral de Depósitos no Festival ...
Wed, 23 Sep 2015 05:33:45 -0700

Banco Santander Totta and Santotta – Internacional SGPS announced on 8 July the sale of its 49 percent stake in Partang SGPS to Caixa Geral de Depósitos (CGD), an the Portuguese state bank now owns the entire share capital of the company. With this ...
Wed, 30 Sep 2015 07:26:15 -0700

Caixa Geral de Depositos and Banco Comercial Portugues are the largest contributors to the fund, although the potential costs for each individual bank depends on their relative capital and profitability levels as well as on any deferral mechanism ...


Thu, 24 Sep 2015 06:59:26 -0700

Para o Bloco de Esquerda, “esta atitude da Caixa Geral de Depósitos é condenável, pelo facto de se tratar de uma instituição pública, mas sobretudo atendendo ao seu papel insubstituível junto da diáspora portuguesa, que sempre aconselharia um maior ...

The Portugal News

The Portugal News
Wed, 23 Sep 2015 02:45:00 -0700

International credit agency Standard & Poor's announced on Tuesday that it had upgraded its rating for Portugal's Banco Santander Totta and saw an improved outlook for two others, Caixa Geral de Depósitos and Banco Comercial Português. S&P upgrades ...

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