Largest Banks in Portugal

Following is list of the largest banks in Portugal ranked by total assets in billions of U.S. dollars. The five largest Portuguese banks are Caixa Geral de Depósitos, Millenium BCP, Santander Totta, BPI and Novo Banco. The top 10 Portuguese banks hold combined assets of over $420 billion.

Rank Name Total assets, US$b
1 Caixa Geral de Depósitos 109.42
2 Millennium BCP * 95.94
3 Banco Santander Totta 59.54
4 Novo Banco 49.10
5 Banco BPI 41.53
6 Crédito Agrícola ** 26.39
7 Banco Montepio 20.40
8 EuroBic *** 9.61
9 Banco Credibom 4.32
10 BBVA Portugal 3.91

Total assets as of December 31, 2022.
* Millennium BCP is a trading name of Banco Comercial Português.
** The company's full name is Caixa Central de Crédito Agrícola Mútuo, CRL (CCCAM).
*** In 2023, Abanca Corporacion Bancaria S.A. announced acquisition of EuroBic (Banco BIC Portugues S.A.)

Last updated October 1, 2024