BPI focuses on the commercial banking business in Portugal, offering a broad range of services and financial products to corporate, institutional and individual Customers. BPI is part of the CaixaBank Group, which since the end of 2018 holds the entire share capital of BPI.

BPI is the fifth largest financial institution operating in Portugal in terms of assets (€31.6 billion), with market shares of 10% in loans and Customer deposits.

In the insurance business, BPI has a joint venture with Allianz, reflected in BPI’s stake in Allianz Portugal (35%) and in an insurance distribution agreement using the Bank’s commercial network; in credit insurance, BPI holds a 50 percent stake in COSEC under a joint venture with Euler Hermes (a company of the Allianz Group), which holds the remaining 50 percent.

BPI also holds minority stakes in African banks (48.1% in BFA in Angola and 35.67% in BCI in Mozambique).