Banco Interatlântico
in Cape Verde 🇨🇻
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About Banco Interatlântico in Cape Verde
Banco Interatlântico is a commercial bank headquartered in Cape Verde, specializing in corporate banking and high-income private banking services. Established as a subsidiary of Portugal's Caixa Geral de Depósitos (CGD), the bank operates as part of the CGD Group, which maintains a 70% ownership stake. Banco Interatlântico is recognized as the largest bank in Cape Verde and stands out for its focus on innovation, technological modernization, and serving the corporate market.
As of 2008, the bank held assets of approximately EUR 138.6 million and distinguished itself with a unique portfolio composition: 73% corporate loans and 53% corporate deposits, significantly higher than the Cape Verdean banking system average of 45% corporate loans and 38% corporate deposits.