Company Profile
Updated: 24-MAR-09Banif SGPS S.A.
International public company
Rua de Joao Tavira 30, Funchal, P-9004-509, Portugal
()351 291 22 21 62, 351 291 20 77 57 fax, http://www.grupobanif.pt
Primary SIC: Holding Companies, Not Elsewhere Classified, Primary NAICS: Offices of Other Holding Companies
Description: Finance: Head of a Group of Banks and Financial Companies with interests in commercial and investment banking; investment management; insurance. The Company operates through its three sub-holding: Banif Comercial SGPS S.A. deals in commercial banking and financial services; Banif Seguros S.A. controls the insurance activities; Banif Investimentos SGPS S.A. operates in investment management. The Company was created in 2002 to coordinate the Group previuosly headed by Banif - Banco Interenacional do Funchal that now operates as a commercial bank
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CNP Assurances Sells in Portugal its Majority Stake in the Insurance Group Global Seguros to Rentipar Seguros SGPS.
PR Newswire; 11/12/2009; 1034 words; ...agreement with Rentipar Seguros SGPS for the sale of its stakes...Companhia de Seguros, S.A. and Global Vida - Companhia de Seguros de Vida, S.A. (together, Global...capital. Rentipar Seguros SGPS is a company controlled...majority shareholder of Banif group, which in particular...
Banks hustle after investors to prop up balance sheets DEALTALK
International Herald Tribune; 4/29/2008; 716 words; ...Royal Bank of Scotland pound(s)12 billion, or $23.9...to restore confidence. U.S. and British regulators prefer...face value. UBS projects U.S. banks, this year, will...and euro 150 million from Banif SGPS - to raise their capital ratios...
BRAZIL: MOODY'S ASSIGNS FIRST-TIME RATINGS TO BANIF BANCO DE INVESTIMENTOS.
IPR Strategic Business Information Database; 4/17/2008; 805 words; ...s assumption of a high probability of support from the bank's ultimate parent, the Portuguese-based Banif SGPS, SA. Moody's also noted there is a low likelihood that Banif BI would be eligible for systemic support given the bank's low...
MOODY'S ASSIGNS FIRST-TIME RATINGS TO BANIF BANCO DE INVESTIMENTOS
Info-Prod Research (Middle East); 4/17/2008; 600 words; ...Moody's assumption of a high probability of support from thebank's ultimate parent, the Portuguese-based Banif SGPS, SA. Moody's alsonoted there is a low likelihood that Banif BI would be eligible forsystemic support given the bank's low...
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