Case details

Ccent/2024/9 - Abanca / EuroBic

Abanca Corporación Bancaria, S.A. (Sede)

Public limited company under Spanish law based in A Coruña and present in Portugal and other countries around the world which, being a credit institution, has a corporate purpose that includes carrying out all activities, operations and services typical of banking activity in general, as well as those that are directly or indirectly related to it. The main activity focuses on retail banking with 44 branches in Portugal, complemented by digital solutions (mobile banking) and 26 agents, totaling around 70 points of sale in the country.

BANCO BIC PORTUGUÊS, S.A. - (EuroBic)

Portuguese credit institution, which offers diversified financial services to private and corporate clients with a shareholder structure made up of a variety of entities and individuals, with Santoro Financial Holding SGPS, S.A. being the largest shareholder, with 25% of the share capital. Its activity is aimed at both private and corporate clients, offering a portfolio of financial services adjusted to the needs and specificities of each client segment, integrating around 200 business units.

Closed

Phase 1

Non-opposition

Phase I Decision - The AdC issued a non-opposition decision to the merger 9/2024 - Abanca / EuroBic.