- Banco Internacional do Funchal
Infobox_Company
company_name = Banif - Banco Internacional do Funchal, SA
company_type = Public
company_
company_slogan =
foundation =1988
location = flagicon|PortugalFunchal ,Portugal
industry =Banking
key_people =Horácio Roque , President
revenue =
subsid =
homepage = [http://www.banif.pt/xsite/BanifEn/home/index.jsp Banif Homepage]Banco Internacional do Funchal (BANIF) is an international
bank , founded inPortugal , with a presence inSouth America ,North America ,Europe andAfrica .History
BANIF was incorporated on
15 January ,1988 and took over all of theasset s and liabilities of the defunct Caixa Económica do Funchal. In1995 , it opened offices inCaracas, Venezuela andSouth Africa , and in1996 inSão Paulo, Brazil .ubsidiaries
BANIF consists of the following subsidiaries, most of which have either been incorporated or purchased:
* SGM - Sociedade Gestora de Fundos de Pensões Mundial, S.A. (
1989 )
* Ascor Dealer - Sociedade Financeira de Corretagem, SA (1989 )
* Mundileasing - Sociedade de Locação Financeira, SA (1990 )
* Mundicre - Sociedade Financeira para Aquisições a Crédito, SA (1991 ))
* Banifundos - Sociedade Gestora de Fundos de Investimento Mobiliário, SA. (1991 )
* Invesfeiras - Investimentos Imobiliários, SA. (1991 )
* BANIF - Investimentos - SGPS, SA (1992 )
* Banifólio - Sociedade Gestora de Patrimónios, SA (1992 )
* BANIF - Banco Internacional do Funchal (Cayman), Ltd. (1993 )
* Açoreana Seguros (1996 )
* Banco Comercial dos Açores (1996 )
* BANIFServ Agrupamento Complementar de Empresas de Serviços, Sistemas e Tecnologias de Informação (1997 )
* BANIF - Banco de Investimento, SA (2000 ))
* BANIF Financial Services, Inc. (2001 )
* BANIF Mortgage Company (2002 )tock Exchange Floats
Portuguese
In March,
1992 , BANIF first appeared on the Lisbon and Portostock exchange s.North American
In
2002 , BANIF Securities acquired the Brazilian brokerage firm Indusval, giving them a place on the floor of theNew York Stock Exchange .External links
* [http://www.banif.pt Official BANIF website]
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