| Business Summary | | Espírito
Santo
Financial
Group
S.A.
(ESFG)
is
the
holding
company
of
the
financial
interests
of
the
Espírito
Santo
Group.
ESFG
provides
a
global
and
diversified
range
of
financial
products
to
its
clients,
including
commercial
banking,
insurance,
merchant
banking
and
stockbrokerage
and
asset
management
in
Portugal
and
internationally.
ESFG's
business
is
primarily
centered
in
Portugal,
where
the
majority
of
its
investments
are
located.
Its
components
are
engaged
in
a
wide
variety
of
financial
services
centered
on
Banco
Espírito
Santo. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ESF
engages
in
a
broad
range
of
banking
activities,
including
commercial,
investment,
stockbroking
and
private
banking,
and
a
full
line
of
insurance
operations.
For
the
fiscal
year
ended
12/31/00,
interest
income
rose
29%
to
EUR1.75
billion.
Net
int.
income
after
loan
loss
prov.
rose
11%
to
EUR510.5
million.
Earnings
rose
27%
to
EUR106.3
million.
Net
interest
income
reflects
higher
interest
on
loans,
partially
offset
by
a
higher
cost
of
funds.
Net
income
reflects
higher
fee
income. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Ricardo Salgado | Chairman | Jose Santo Silva | Vice
Chairman | Jose Carlos Cardoso Castella | Sr.
VP | Erich Dahler | Sr.
VP | Mario Fernandes Cardoso | Sr.
VP |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|