Investment portfolio > Investments > Financial business and insurance

International banking

BPI

Year of investment: 1995

www.bancobpi.pt

The BPI Group is the third largest private financial group in Portugal in term of business volume. It is a multi-specialist financial group, focusing on banking activities through Banco BPI. It offers a complete line of financial services and products for corporate, institutional and individual customers. BPI ended 2009 with over €47 billion assets. It provides more than 1.5 million customers through a commercial network comprising more than 800 offices in Portugal and over 100 offices in Angola with more than 600 thousand customers.

2005 2006 2007 2008 2009 Jun-10
Note: the featured holdings represent financial holdings
Holding (%) 15.99% 25.00% 25.02% 29.38% 30.10% 30.10%
Representation on the Board 4 Board Members (4 of 25)
Key figures
Financial
figures
2009 2008 Variation
Business Volume 65,227 64,437 1%
Gross operating income 1,165 1,182 -1%
Net earnings (€m) 175 150 16%
Stock market figures 2009 2008 Variation
Market capitalisation (€m) 1,908 1,575 21%
Price per share € (31/12) 2.12 1.75 21%
Source: Annual Report 2008 and Earnings Release 2009. Market capitalisation: Bloomberg.

2009 Business Volume
  • Net loans (47.3%)
  • Deposits (32.3%)
  • Tradable securities and subordinated insurance debt (6.4%)
  • Capitalisation insurance (4.6%)
  • Off-balance sheet (9.4%)

Source: Annual Report 2008 and Earnings Release 2009.

Net profit (€m)
CAGR: -30.3% | 2006: 309 | 2007: 355 | 2008: 150

Source: Annual Report 2008 and Earnings Release 2009.

Dividends (€/Share)
2006: 0.16 | 2007: 0.187 | 2008: 0.0668

Source: Annual Report 2008 and Earnings Release 2009.