Banco Português De Gestão
Portugal
(A-)
(A-)> Start saving from €20,000 up to €100,000
> Deposit Guarantee protection Up to €100,000 payout in EUR
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3.50% AER
Term:
1 YearOur offers
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About the Bank
Banco Português de Gestão is a Portuguese private corporate and investment bank founded in 2000. In addition to its main branch in Lisbon, the bank has a branch in Porto. The majority shareholder of Banco Português de Gestão, with over 98%, is the private and non-profit foundation Fundação Oriente.
Banco Português de Gestão's offering includes investment banking, corporate banking, retail banking, financing and asset management services for small and medium-sized enterprises (SMEs), as well as wealthy individuals and government institutions. The bank also provides tailor-made solutions for the special requirements of the welfare state institutions that are part of its customer base.
Deposit Guarantee Scheme
Deposits including accrued interest income are legally protected by the Portuguese Deposit Protection Fund up to an amount of EUR 100,000 per customer and per bank. Within the European Union, the minimum requirements are harmonized in all member states by Directives 94/19/EC, 2009/14/EC and 2014/49/EU. It should be noted that this protection relates to a customer's entire deposits with a bank. This is relevant if not only the deposits of a customer brokered via WeltSparen were invested with a particular bank, but also other deposits of this customer were invested with the respective bank.
Tax process and documentation
Portugal has a withholding tax rate of 28%, and, due to Double Taxation Agreements (DTAs) you have the option to reduce this rate to 15%.
Raisin Bank's role
With Raisin Bank, one login gives you access to competitive savings accounts from banks across Europe, allowing your savings to work even harder. No fees, no paperwork: saving with Raisin Bank is online and hassle-free.
Top offer
3.50% AER
Term:
1 Year