Identification
Instrument name
BANIF - BANCO INTERNACIONAL DO FUNCHAL
Symbol
BANIF
ISIN code
PTBAF0AM0002
Exchange / Market
Euronext
Trading location
Lisbon
Products family
Stocks
Market organization
EuronextLisbon
ICB
Banks
Activity description

<p>
Banif - Banco Internacional do Funchal is a banking group organized essentially around 5 areas of activity:</p>
<ul>
<li>
network banking: sales of classic and specialized banking products and services (real estate lending, consumer credit, leasing, factoring, etc.);</li>
<li>
investment, finance, and market banking: financial engineering (merger-acquisition consulting, stock operations, etc.), investment capital, currency, exchange, and stock market operations, brokerage services, specialized financing (for projects, assets, real estate, etc.);</li>
<li>
asset management;</li>
<li>
insurance;</li>
<li>
other: security conversion, commission sales, etc.</li>
</ul>
<p>
<em>Source : Cofisem</em></p>

Website address
Operation
IPO date
Issue type
Initial Public offering
Catégorie
IPO
Operation calendar

<p>
Listing date : 21/12/2012<br />
Trading date: 21/12/2012</p>

Company profile

Banif - Banco Internacional do Funchal is a banking group organized around 3 areas of activity:
  • commercial banking (94.5% of Net Interest Income): sales of classic and specialized banking products and services (real estate lending, consumer credit, leasing, factoring, etc.);
  • asset management (4.1%);
  • investment, finance, and market banking (1.4%): financial engineering, investment capital, currency, exchange, and stock market operations, brokerage services, specialized financing, etc.
At the end of 2014, the group managed EUR6.5 billion in current deposits and EUR6.8 billion in current credits. Products and services are marketed through a network of 204 locations worldwide.

Source: Cofisem - Last Update: 24 Dec 2015
Key Executives
Chief Executive Officer Jorge Humberto Correia Tomé
General Secretary Bruno Miguel dos Santos de Jesus
Chairman of the Board Luis Filipe Marques Amado
Investor Relations Teresa Martinho
Source: Cofisem - Last Update: 21 May 2015
Key figures
Millenium 2014 2013 2012 2011 2010
Net banking income 207,988 194,100 184,192 340,024 322,141
General operating costs 183,589 630,200 294,391 182,804 185,466
Gross Operating Income 5,682 -436,100 -143,784 142,979 122,477
Cost of risk -271,838 -531,881 -34,206 -8,581
Operating profit -266,156 -436,100 -675,665 108,773 113,896
Equity-Accounted companies' contribution to results -22,391 800 1,080
Current profit before tax -288,547 -435,300 -674,585 -24,784 -9,280
Net income -294,286 -470,100 -577,629 -15,699 564
Net income (group share) -295,361 -470,300 -576,353 -15,699 564
Fiscal year end 12.14 12.13 12.12 12.11 12.1
Length of fiscal year (month) 12 12 12 12 12
Currency & Unit EUR - thousands EUR - thousands EUR - thousands EUR - thousands EUR - thousands
Account Standards
Source: Cofisem - Last Update: 24 Dec 2015
Shareholder information
Portuguese State 60.53 %
HSR Estate 6.50 %
Auto-Industrial, Investimentos e Participaçoes 1.87 %
Source: Cofisem - Last Update: 21 May 2015