novobanco
BankingLisbon, Portugal1001-5000 Employees
NOVO BANCO is a Portuguese bank that serves around 1.7 million customers and manages €48 billion in assets, accounting for about 9.2% of the market as of March 2026. It operates an omnichannel model that combines secure digital channels with a branch and corporate center network of roughly 300 locations across the country. The bank is based in the Lisbon metropolitan area and serves individuals, families, and businesses to support Portugal’s economic development in a sustainable and responsible manner. In April 2026, BPCE, SA acquired all of novobanco’s share capital and integrated the bank into Groupe BPCE, representing a major milestone in its evolution. This affiliation provides access to strengthened financial capacity, specialized expertise, and technology platforms aligned with a long-term strategy focused on Portugal’s sustainable development. The bank maintains a proximity-based distribution approach and ongoing community engagement through social, cultural, and financial inclusion initiatives, aiming to support both the public and private sectors.
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