wholly owned subsidiary industry banking founded 1864 in lisbon portugal headquarters macau products financial services number of employees 400 2013 parent caixa geral de dep sitos 2001 website www.bnu.com.mo banco nacional ultramarino portuguese pronunciation b ku n siu na u t m inu ; chinese ; english national overseas bank was a portuguese bank with operations throughout the world especially in portugal s former overseas provinces . it ceased existence as an independent legal entity in portugal following its merger with caixa geral de dep sitos the government owned savings bank in 2001 . the bank continues operations today under the banco nacional ultramarino brand in macau a chinese special administrative region and former portuguese colony where it is also licensed to issue macanese pataca banknotes . contents 1 timeline 2 banknotes 3 see also 4 references 5 external links timeline edit bnu logo bas relief at banco nacional ultramarino lisbon of the coats of arms of the portuguese empire and various of its colonies bnu macau bnu tower in macau banco nacional ultramarino bnu was established in lisbon portugal in 1864 as a bank of issue for portuguese overseas territories . the next year it opened branches in luanda angola and praia cabo verde . three years after that in 1868 bnu opened branches in s o tom and pr ncipe goa and mozambique . in 1901 bnu lost its banking monopoly but retained its note issuing monopoly in the countries in which bnu operated . the next year bnu opened branches in macau and in bolama portuguese guinea present day guinea bissau . just before world war 1 in 1912 bnu opened branches in dili east timor present day timor leste and in brazil . 1919 bnu established a representative office in stanleyville and a branch in paris . 1920 bnu established a representative office in bombay . 1926 bnu lost its note issuing monopoly in angola with creation of banco de angola . bnu transferred its branch in stanleyville to banco de angola . 1 1929 bnu established anglo portuguese colonial and overseas bank its subsidiary in london and converted its branch in paris to a subsidiary banque franco portugaise d outre mer . in 1952 bnu closed its branches in india . in 1965 bnu banco portugu s do atl ntico banco de angola and the south african company general mining and finance founded bank of lisbon and south africa . this was later renamed mercantile lisbon bank . in the 1970s bnu bought a stake in banque interatlantique in luxembourg and established a representative office in london . in 1974 the portuguese government nationalized bnu following the carnation revolution . immediately thereafter in 1975 local governments nationalized bnu s interests in mozambique which became banco de mo ambique and in s o tom and pr ncipe which became national bank of s o tom and pr ncipe . in 1993 the government split national bank into a central bank central bank of s o tom and pr ncipe and a commercial bank banco internacional de sao tome e principe . in cape verde bnu s interests became bank of cape verde . in 1993 the government spun off the commercial banking operations into a new bank banco comercial do atlantico . 1988 portuguese government owned caixa geral de dep sitos became the majority shareholder of bnu with the republic of portugal the sole other shareholder . 1991 bnu opened a branch in london . 1993 bnu opened a branch in zhuhai a special economic zone of china . 1993 caixa geral de dep sitos cgd became the majority shareholder in banque franco portugaise d outre mer . in 2002 cgd closed the bank by merging its operations into cgd s branch in paris . 1995 the chinese government confirmed that bnu would remain a note issuer in macao until at least 2010 . 1999 bnu opened representative offices in mumbai and panjim goa and a branch in dili timor leste . 2000 bnu reached an agreement with the administration of macau special administrative region of the people s republic of china under which bnu remains an agent of the treasury . 2001 bnu and caixa geral de dep sitos merged through incorporation of bnu into caixa geral de dep sitos ; banque franco portugaise d outre mer became a branch of caixa geral ; on july 1 2000 the macau branch of banco nacional ultramarino became a bank incorporated in macau sar under the name banco nacional ultramarino s.a. but remained wholly owned subsidiary of caixa geral de dep sitos retaining until 2010 its functions as a note issuer and agent of the treasury . 2002 caixa geral acquired majority ownership 64.8 % of the south african focused bank holding company mercantile lisbon bank holdings limited mlbh now known as mercantile bank holdings limited which operates the mercantile bank . banknotes edit mop 100 banknotes issued by bnu the monetary authority of macao has authorized two banks to issue banknotes denominated in macanese pataca the bank of china and banco nacional ultramarino s.a. cgd s subsidiary in macau . 2 3 owing to macau s portuguese colonial past the languages on the banknotes features portuguese as well as chinese . the banco nacional ultramarino introduced its first pataca notes in 1906 in denominations of 1 5 50 and 100 pataca . the next year it introduced 10 and 25 pataca notes . the bnu began to issue lower value notes with 5 10 and 50 avo notes in 1920 and 1 and 20 avo notes in 1942 . in 1944 it introduced a 500 pataca note . after 1952 coins replaced denominations below 10 patacas . the bank discontinued the 25 pataca note in 1958 . previous note designs included the coat of arms of portugal ; the current issue bnu s corporate logo has replaced the coat of arms . the current issue of bnu banknotes is banco nacional ultramarino 2005 series banknote value dimensions color obverse reverse printed date mop 10 138 69 mm yellow purple statue of deusa a m of macau bnu building august 8 2005 mop 20 143 71.5 mm violet macau international airport august 8 2005 mop 50 148 74 mm brown sai van bridge august 8 2009 mop 100 153 76.5 mm blue largo do senado august 8 2005 mop 500 158 79 mm green macau tower august 8 2005 mop 1000 163 81.5 mm orange macau cultural centre august 8 2005 the 2005 series of bnu was printed by hong kong note printing limited hong kong . see also edit macanese pataca mercantile bank holdings limited caixa geral de dep sitos references edit mambu ma khenzu e. 2006 . a modern history of monetary and financial systems of congo 1885 1995 . lewiston new york edwin mellen p. 132 . bnu banknotes online exhibition . banco nacional ultramarino s.a. macau . archived from the original on 7 december 2008 . retrieved 2008 11 06 . dead link issuance of banknotes . bank of china macau . archived from the original on 2008 06 11 . retrieved 2008 11 06 . external links edit banco nacional ultramarino branch in macao v t e banks of macau monetary authority of macao banco delta asia banco nacional ultramarino china construction bank macau esp rito santo financial group macau chinese bank industrial and commercial bank of china macau banco ocbc weng hang s.a. category banks of macau list of banks in china list of banks in hong kong retrieved from https en.wikipedia.org w index.php title banco nacional ultramarino & oldid 737171583 categories banks of macaubanks of portugaldefunct companies of portugalbanks established in 1864banks disestablished in 20011864 establishments in portugalhidden categories all articles with dead external linksarticles with dead external links from september 2010articles containing traditional chinese language textpages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages deutschespa olfran ais portugu s edit links this page was last modified on 1 september 2016 at 04 30 . text is available under the creative commons attribution sharealike license ; 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