Novo Banco photograph

Novo Banco

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Owners Lone Star Funds
Portuguese
Ceo António Manuel Palma Ramalho
HeadquartersLisbon
Portugal
Total assets52. 33 billion EUR (2016)
SubsidiariesBanco Best
Novo Banco Dos Açores
Date of Reg.
Date of Upd.
ID962609
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About Novo Banco


Novo Banco is a Portuguese bank introduced on 4 August 2014 by the Bank of Portugal to rescue assets and liabilities of Banco Espírito Santo. BES was the second largest private financial institution in Portugal in terms of net assets, as well as one of the oldest and most reputed Portuguese banks.

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