Banif Financial Group
Banif Financial Group (Portuguese: Banif - Grupo Financeiro) was a Portuguese international financial services group associated with Banco Internacional do Funchal. The company had a presence in Europe, South America, North America, Africa and Asia. In 2015, it was bailed-out by the Portuguese state and sold to Santander Group.
| Company type | Sociedade Anónima |
|---|---|
Traded as | Euronext: BNF |
| Industry | Financial services |
| Founded | 1988 in Funchal, Portugal |
| Founder | Horácio Roque |
| Defunct | December 21, 2015 |
| Fate | Nationalised and sold to Santander Group |
| Successor | Banco Santander Portugal |
Key people | Jorge Tomé (CEO), Luís Amado (Chairman) |
| Products | Retail and investment banking, insurance, asset management, private equity, factoring |
| Revenue | €552.5 million (2010) |
| €58.1 million (2010) | |
Net income | €33.4 million (2010) |
| Total assets | €15.71 billion (end 2010) |
| Total equity | €1.279 billion (end 2010) |
Number of employees | 5,400 (end 2010) |
| Website | www.grupobanif.pt |
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