| Business Summary | | Banco
Comercial
Portugues,
S.A.
(BCP)
is
a
limited
liability
company
(a
sociedade
anonima)
that,
together
with
its
subsidiary
companies
(collectively,
the
Group),
comprises
a
full-service
banking
organization
in
Portugal.
The
Company's
primary
activities
include
deposit
taking
from
individual
and
corporate
customers;
short-term
lending;
trade
finance;
credit
cards;
transfer
of
funds;
custody
of
securities;
foreign
exchange
dealing;
treasury
services,
and
money
market
operations.
Through
its
subsidiaries,
the
Company
also
engages
in
related
financial
activities,
including
life,
casualty
and
automobile
insurance;
asset
and
fund
management;
medium-
and
long-term
lending;
mortgage
lending;
consumer
finance;
factoring;
equipment
and
real
estate
leasing;
capital
market
operations;
corporate
finance;
investment
banking;
business
appraisals;
venture
capital
financing,
and
securities
brokerage. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Banco
Comercial
Portugues
is
a
financial
institution
engaged
in
personal,
commercial
and
investment
banking,
insurance
and
asset
management.
For
the
six
months
ended
6/30/01,
interest
income
rose
21%
to
PTE345.1
billion.
Net
interest
income
after
LLP
rose
13%
to
PTE113.25
billion.
Net
income
increased
95%
to
PTE70.92
billion.
Interest
income
reflects
higher
interest
earning
assets,
partially
offset
by
lower
net
interest
margins.
Earnings
reflect
lower
staffing
costs. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Jorge Manuel Jardim Goncalves | Chairman | Christopher De Beck | Vice
Chairman | Filipe de Jesus Pinhal | Vice
Chairman |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|