Company:Banco Finantia Spain
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| Type | Open Capital Company |
|---|---|
| Industry | Financial Services |
| Founded | 1987 |
| Headquarters | Madrid, España |
Area served | España |
| Products | Banking services, financial services, bank deposits |
| Website | https://www.finantia.es [1] |
Banco Finantia Spain is an independent Spanish bank belonging to the Banco Finantia Group, of Portuguese origin. Banco Finantia Spain is a member of the Spanish Banking Association with the code 0220.
The Bank’s headquarters are currently in Madrid, and the bank is also present in Barcelona and Valencia, as part of the Banco Finantia Group which has an international presence in Portugal (Lisbon and Porto), the United Kingdom (London), the United States (New York and Miami), Malta and Brazil (São Paulo).
The activities of the Finantia Group are focused on Personal Banking, Capital Markets, Business Advisory Services and Specialized Financing. In Spain, its activity is focused on a personalized service in wealth management and financial markets. Its Private Banking activities are concentrated in the Iberian Peninsula and the company’s Investment Banking activities operate principally between the Iberian Peninsula and Latin America, in addition to the markets of Turkey, Russia and the Commonwealth of Independent States.
History
Banco Finantia Spain began its activities in 1987 with the Banco Finantia Group in Spain and the Sociedad de Servicios Financieros Finantia. It was renamed Banco Finantia after obtaining its banking licence in 1992.[1] In 2001, the Banco Finantia Group absorbed Banco Esfinge, a Spanish bank, and the company Inverbolsa A.V.B., which became part of Banco Finantia. It operated until the end of 2018 as Banco Finantia Sofinloc, which is when it changed its name to Banco Finantia Spain.
The principal shareholders of Banco Finantia are:
- Finantipar SGPS, holding a holding company controlled by the Senior Management of the Bank,
- Natixis (Francia),
- VTB Bank (UK/Rusia)
- WestLB (Alemania).
Location
The Bank currently operates Private Banking branches in Madrid, Barcelona and Valencia.
Key products and Services
- Personal Banking
- Fixed-term Deposits
- Foreign Currency Fixed-term Deposits
- Investment Funds
- Portfolio Management
- Financial Intermediary Services
- Corporate Finance
- Capital markets
- Eurobons
- Commercial Paper
- Obligations
Main areas of Activity
- Profitability: In 2019, Banco Finantia was considered the most financially sound and best cost-to-income among the 7 leading banks operating in Portugal, according to the 2019 “Top 250 EU Banks” Ranking prepared by prestigious British magazine The Banker.[2]
- Independence: Banco Finantia Spain offers an independent method to adapt to its clients at all times, compared to other entities which act as economic conglomerates.
- International Recognition: Banco Finantia Group has won many international awards. This includes those received by the prestigious Euromoney magazine, such as "Best Securities Firm in Portugal", "Best Smaller Bank in Western Europe" and "Best Smaller Investment Bank in the World".[3][4][5]
Financial Indicators
- In the first half of 2019, Banco Finantia maintained the growth of its operations as well as the solidity of its indicators. Banco Finantia's financial strength, as measured by the Common Equity Tier 1 (CET1) ratio, was 21.8%, higher than in 2018 (20.0%), and one of the highest in European banking.
Banco Finantia Group Awards
- “The Best Corporate Bank in Portugal” from the Global Banking & Finance Review Awards in 2017
- "Best Private Bank in Portugal", awarded at the Banking Awards in 2015.
- "Investment Bank of the Year", awarded by International Banker Banking Awards in 2014.
- "Best Smaller Investment Bank in the World".
- "Best Smaller Bank in Western Europe"
- “The Best M&A House in Portugal”, Euromoney magazine in 2001
- “The Best M&A House in Portugal”, Euromoney magazine in 2002
- “Best Local Partner in Portugal”, Euromoney magazine in 2003
- “Best Local Partner in Portugal”, Euromoney magazine in 2004
- “Best Private Banking Portugal“, Global Banking & Finance Awards 2018
- “Best Corporate Bank Portugal Portugal“, Global Banking & Finance Awards 2018[6]
- “Best Investment Bank Portugal“, International Business Magazine 2018
Operations
- In July 2019, Banco Finantia acted as "co-dealer" for the entry into the MARF for the Portuguese company Efacec Power Solutions, with a bond issue of 58 million euros.[7]
References
- ↑ "CNMV: Banco Finantia Spain S.A.". http://cnmv.es/Portal/HR/ResultadoBusquedaHR.aspx?nif=A80762941&division=1&page=1.
- ↑ "Últimos Estados financieros publicados". https://www.aebanca.es/estados-financieros/.
- ↑ "Euromoney". https://www.euromoney.com/.
- ↑ "International Business Magazine". https://intlbm.com/.
- ↑ "Global Banking and Finance". https://www.globalbankingandfinance.com/.
- ↑ "GLOBAL BANKING & FINANCE AWARDS® – 2018 – Award Winners". https://www.globalbankingandfinance.com/global-banking-finance-awards-2018-award-winners/.
- ↑ "La portuguesa Efacec se estrena en el MARF con una emisión de bonos por 58 millones de euros". https://www.lavanguardia.com/vida/20190724/463682087233/la-portuguesa-efacec-se-estrena-en-el-marf-con-una-emision-de-bonos-por-58-millones-de-euros.html.
External links
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