Caixa Económica Montepio Geral

Identification
Instrument name
CAIXA ECONÓMICA MONTEPIO GERAL
Symbol
MPIO
ISIN code
PTCMHUIM0015
Exchange / Market
Euronext
Trading location
Lisbon
Products family
Stocks
Capitalization compartment
Compartment B
ICB
Banks
Activity description

<p>
Caixa Econ&oacute;mica Montepio Geral is a banking group organized around 3 areas of activity:</p>
<ul>
<li>
retail bank;</li>
<li>
asset management: investment mutual funds, real estate funds and pension funds;</li>
<li>
insurance.</li>
</ul>
<p>
At the end of 2012, the group had EUR 13.3 billion in current deposits and EUR 15.7 billion in current loans.<br />
Products and services are marketed through a network of 468 agencies located in Portugal (458) Angola (9) and Cape Verde, and through 6 representative offices worldwide.</p>

Website address
http://www.montepio.pt
Operation
IPO date
Issue type
Initial Public offering
Catégorie
IPO
Capital raised
200m€

Company profile

Caixa Económica Montepio Geral (CEMG) is in 6th position in the banking sector in Portugal. The companies of the CEMG Group which exercise their activity outside Portugal are Banco MG Cabo Verde, Soc. Unipessoal, Finibanco Angola and BTM (Mozambique). The activity is organized around six areas:
  • retail banking;
  • commercial banking;
  • social economy banking;
  • investment banking;
  • specialized credit;
  • real estate assets management.
At the end of 2016, products and services are marketed through a network of 360 banking branches located primarily in Portugal (327).

Source: Cofisem - Last Update: 05 Oct 2017
Key Executives
Chairman of the Executive Board José Félix Morgado
Member of the Executive Board Luis Gabriel Moreira Maia Almeida
Member of the Executive Board Jorge Manuel Viana de Azevedo Pinto Bravo
Member of the Executive Board Joao Carlos M. da Cunha Neves
Member of the Executive Board Joao Belard da Fonseca Lopes Raimundo
Member of the Executive Board Luis Miguel Resende de Jesus
Member of the Executive Board Fernando Ferreira Santo
Source: Cofisem - Last Update: 14 Aug 2017
Key figures
Millenium 2016 2015 2014 2013 2012
Net banking income 353,000 455,474 784,499 377,677 430,506
General operating costs 259,400 332,783 314,647 306,761 316,503
Gross Operating Income 69,300 96,096 442,776 37,564 70,447
Cost of risk -243,100 -360,736 -643,227 -397,334 -232,119
Operating profit -173,800 -264,640 -200,451 -359,770 -161,672
Equity-Accounted companies' contribution to results 200 -3,910 -5,275 -12,682 -6,086
Current profit before tax -173,600 -268,550 -205,727 -372,452 -167,758
Net income -86,500 -242,170 -185,377 -296,473 3,193
Net income (group share) -243,407 -186,953 -298,626 2,099
Fiscal year end 12.16 12.15 12.14 12.13 12.12
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: 05 Oct 2017
Shareholder information
Montepio Geral 100.00 %
Source: Cofisem - Last Update: 14 Aug 2017