novobanco

novobanco is the fourth largest bank in Portugal, serving around 1.7 million customers, managing €48 billion in assets, and holding a 9.2% overall market share as of March 2026.

In April 2026, BPCE, SA acquired 100% of novobanco’s share capital. The integration into Groupe BPCE, one of Europe’s leading banking groups, marks a defining milestone in novobanco’s evolution and long term strategy. Supported by strengthened financial capacity and a shared long term vision, novobanco is further reinforcing its commitment to Portuguese families and businesses with confidence, stability, and purpose.

This new chapter provides novobanco with access to specialised expertise, advanced technological platforms, and a strategic vision fully aligned with Portugal’s sustainable economic development.

Novobanco operates through an omnichannel relationship model, delivering a seamless and convenient banking experience that combines secure, intuitive digital channels with a modern, proximity based distribution network of approximately 300 branches and corporate centres nationwide.

The bank invests continuously in the development of its 4,100 employees and plays an active role in the community through social, cultural, and financial inclusion initiatives. Our purpose is to support Portugal’s economic development for individuals, businesses, and society as a whole, in a sustainable and responsible way.