BNU - Macau

MILESTONES IN BNU HISTORY

 

February 2010 

• Launch of Renminbi Services

 

 

October 2009

• Launch of CUP Debit Card

 

November 2008

• Launch of AMEX Card

 

June 2008 

• Launch of CUP Prepaid Card

 

April 2007 

• Launch of BNU Business Online Banking

 

July 2001

• In accordance with the merger of Banco Nacional Ultramarino and Caixa Geral de Depósitos by incorporation of BNU into CGD, the Macau Branch of Banco Nacional Ultramarino became, as of July 1, 2001, a wholly-owned subsidiary of Caixa Geral de Depositos, incorporated in Macau.

 

 

March 2001

• On March 28th, 2001 the merger of Banco Nacional Ultramarino and Caixa Geral de Depósitos, through incorporation of Banco Nacional Ultramarino into Caixa Geral de Depósitos was announced.

 

• As provided by the merger plan, the Macau Branch of Banco Nacional Ultramarino will become a bank incorporated in Macau SAR, retaining the name Banco Nacional Ultramarino S.A. and being a wholly-owned subsidiary of Caixa Geral de Depósitos.

• Banco Nacional Ultramarino S.A. will remain a notes issuer and Agent of the Treasury.

 

 

2000

• In April, an agreement was signed with the Administration of Macau Special Administrative Region of the People´s Republic of China whereby the Bank remains an Agent of the Treasury.

 

 

1995

• Confirming the Bank as a notes issuer at least until 2010.

 

 

1988 - 2001

• As part of Caixa Geral de Depósitos Group, Banco Nacional Ultramarino specializes in the small and medium size business market segment, while developing diversified banking activities.
• During this period, branches are opened in London (1991), Zhuhai, the Special Economic Region of China (1993) and Dili, East Timor (1999).
• A representative office, inaugurated in Mumbai, India with one extension to Goa.

 

 

1988

• On July 5th 1988, Caixa Geral de Depósitos became the majority shareholder of Banco Nacional Ultramarino S.A. the Republic of Portugal is the only other shareholder.

 

 

1974

• Banco Nacional Ultramarino was nationalized.

 

 

1950 - 1974

• BNU further expands its activity in the international financial markets and by the end of the 60s it has the largest branch network in Portugal.

 

• The Bank of Lisbon and South Africa Ltd is established in South Africa. In the 70s BNU bought a shareholding interest in Banque Interatlantique, a bank in Luxemburg, and opened a representative office in London.

 

1864 – 1930

• BNU expands its network in Portugal, in overseas territories and foreign countries.
• Branches were open in Angola and Cabo Verde (1865), S. Tomé, Goa and Mozambique (1868), Macau and Guiné Bissau (1902) and Timor (1912) and BNU becomes the issuing bank in these territories.
• Subsidy banks were established in 1929 in London, the Anglo Portuguese Colonial and Overseas Bank Ltd and in Paris, the Banque Franco-Portugaise d’Outre-Mer.
• BNU establishes representative offices in Kinshasa (1919) and Mumbai (1920).

 

 

1864

• Banco Nacional Ultramarino is established in Lisbon, Portugal, with the initial objective of acting as an issuing bank in the Portuguese overseas territories and to contribute to their economic development.