Bank Index

NOVO BANCO, SA

Bank · Porto Salvo, Portugal · overall 5.2 / 10

Open in Bank Index

How this 5.2 is built

Average of 6 scored needs: 5.2. Regulation in Portugal: 83/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. Scores set by its kind of institution.

NOVO BANCO, S.A. is recorded in the global register as a bank in Porto Salvo, Portugal. The register names European Central Bank, list of monetary financial institutions as its regulator and shows the licence as active. Established 2014. Collected from open registers.

On its own website: “Descubra os produtos e serviços do novobanco que incluem, abertura de conta online, crédito pessoal, crédito habitação, cartões de crédito, poupanças, investimentos, etc.”

Legal name
NOVO BANCO, S.A.
Regulated by
European Central Bank, list of monetary financial institutions
Licence confirmed
yes, on a regulator's own list
Established
2014
LEI
5493009W2E2YDCXY6S81
Website
www.novobanco.pt

Scores, 0 to 10

6.0Europe (EU, EEA, Switzerland)
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
6.0Financial strength & stability
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.5Cross-border payments, FX and multi-currency accounts
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Lowest fees
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Best interest on business balances
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Trade, manufacturing & import-export
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
4.5Fast digital onboarding
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.