BPI
Banco BPI is a Portuguese universal bank serving retail, affluent, high-net-worth, youth, foreign resident, and corporate customers through branches, mobile (BPI App), and online banking, as a wholly-owned subsidiary of CaixaBank since 2017.
- Company typePrivate
- Founded1984
- HeadquartersPorto, Portugal
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
What BPI does
Banco BPI, S.A. is a Portuguese universal bank headquartered in Porto that operates as a wholly-owned subsidiary of CaixaBank (Spain's largest banking group) following its 2017 acquisition. The bank serves retail customers (Particulares), affluent clients (Premier), high-net-worth individuals (Private & Wealth, rebranded as BPI Wealth Management in June 2026), young customers (AGE/BPI Age), foreign residents (Citizen), seniors (65+), small businesses (Negócios), and corporate clients (Empresas) through a multi-channel distribution model. Its infrastructure combines an extensive physical branch network with digital channels (BPI App, BPI Net, BPI Direto telephone banking, BPI Broker trading app), supported by an AI-powered 24/7 virtual assistant for customer service, automated credit scoring, and fraud detection.
The bank's product portfolio spans day-to-day banking (accounts, debit/credit cards), credit products (Crédito Imediato personal loans at TAEG from 11.3%, Crédito Habitação mortgages, Crédito Automóvel auto loans at TAEG from 5.184% for Volvo), savings and investment products (Depósito Especial BPI 5 anos, BPI Poupança Objetivo, BPI Capitalização, BPI Rendimento 2032 PPR), insurance (life, auto, home, health), and asset management. BPI operates wholly-owned subsidiaries BPI Gestão de Ativos (asset management), BPI Vida e Pensões (life and pensions), and BPI Age (youth banking). Internationally, the bank maintains operations in Angola (with €42 million profit, up 10%) and partial ownership of Banco Comercial e de Investimentos (BCI) in Mozambique.
The bank generates revenue through traditional net interest income from lending, fee and commission income from banking services and insurance distribution, wealth management fees on €10.9 billion in private/wealth AUM, and international operations. Consolidated profits reached €389 million in the first nine months of 2024 (down 12% due to falling interest rates), while private/wealth AUM grew to $11.8 billion with $485 million net new money. The bank was recognized as Portugal's Best Private Bank 2026 by Euromoney and holds three Euromoney Private Banking Awards.
BPI firmographics
Firmographics- Name
- BPI
- Legal name
- Banco BPI, S.A.
- Website
- https://bancobpi.pt
- Company type
- Private
- Founded year
- 1984
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Banco BPI is a Portuguese universal bank serving retail, affluent, high-net-worth, youth, foreign resident, and corporate customers through branches, mobile (BPI App), and online banking, as a wholly-owned subsidiary of CaixaBank since 2017.
- Ownership category
- akta.pro rank
BPI industry classification
Industry- Product category
- Retail Banking
- NAICS
- Commercial Banking (52211), Depository Credit Intermediation (5221)
- SIC
- National Commercial Banks (6021)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
Keywords
Where BPI is headquartered
LocationHeadquarters
- HQ city
- Porto
- HQ country
- Portugal
- HQ region
- Europe
Offices2 records
Markets served
BPI business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- Net Interest Income: Traditional banking interest income from lending activities including mortgages, personal loans, and credit facilities. Core revenue stream impacted by interest rate fluctuations.
- Fee and Commission Income: Fees from banking services, account maintenance, transactions, and financial products distribution including insurance products.
- Wealth Management Services: Private banking and wealth management services managing €10.9 billion in assets, generating advisory and management fees.
- International Operations: Cross-border banking activities through operations in Angola and partial ownership of Banco Comercial e de Investimentos (BCI) in Mozambique.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Crédito Imediato personal loan with fixed rate and terms up to 84 months |
| Subscription | Monthly | Automobile financing through BPI with partner brands |
| Subscription | Annual | BPI Special 5-year Deposit |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels6 records
BPI product offering
Product offeringCore offering
Banco BPI is a Portuguese universal bank offering retail, corporate, and private banking services. It provides current and savings accounts, debit and credit cards, personal loans, home mortgages, auto financing, term deposits, investment funds, pension products, brokerage, and insurance distribution to individual consumers, SMEs, large corporates, and high-net-worth clients through its branch network, BPI App, BPI Net, and BPI Direto channels.
Product overview
Banco BPI operates as a Portuguese retail and private bank (subsidiary of Spain's CaixaBank Group) offering a unified multi-segment banking platform with a broad portfolio of retail, wealth management, and digital banking products and services. The core digital banking experience is delivered through two primary channels — the BPI App (mobile) and BPI Net (online) — which provide access to accounts, cards, loans, savings, investments, and insurance. The product suite includes personal and home mortgages (Crédito Habitação, Crédito Jovem), auto financing (Crédito Automóvel), instant personal loans (Crédito Imediato), term deposits (Depósito Especial BPI 5 anos), goal-based savings (BPI Poupança Objetivo), investment insurance (BPI Capitalização), pension products (BPI Rendimento 2032 PPR), stock trading (BPI Broker App), and comprehensive insurance (life, auto, home, health). The bank serves distinct customer segments through dedicated sub-brands: Premier (affluent), Private & Wealth Management (high-net-worth, rebranded as BPI Wealth Management), AGE/BPI Age (youth), Citizen (non-residents), and 65+ (seniors). Group subsidiaries include BPI Gestão de Ativos (asset management) and BPI Vida e Pensões (life and pensions). An AI-powered virtual assistant handles 24/7 customer support within the BPI App.
Differentiator
Problem solved
Functional benefit
Brands
- BPI Age: Digital banking services and accounts targeted at younger customers, including AGE and specific offerings for those aged 12, 25, and beyond.
- BPI Gestão de Ativos
- BPI Vida e Pensões
Products and services
- BPI App
Quantifiable outcome
- Named Portugal's Best Private Bank 2026 by Euromoney
- +2 more outcomes
Companies that use BPI
Customer profileNamed customers1 record
Segments7 records
Ideal customer profiles6 records
BPI technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature2 records
BPI partnerships and signals
Strategic signalScale indicators7 records
Recent moves6 records
Expansion highlights6 records
BPI competitors and assessment
Company assessmentDirect peers
- Novo Banco: Novo Banco is a major Portuguese commercial bank formed from the resolution of Banco Espírito Santo. Directly competes with BPI in retail, corporate, and private banking in Portugal.
- Millennium BCP: Millennium BCP is Portugal's largest private-sector bank, offering retail, corporate, and wealth management services across the country. Directly competes with BPI across all major customer segments in Portugal.
- Caixa Geral de Depósitos (CGD): CGD is Portugal's state-owned commercial bank, the country's largest by deposits and branch network. Competes directly with BPI in retail, mortgage, SME, and corporate banking, and is the historical joint investor in BCI Mozambique alongside BPI.
- Santander Totta: Santander Totta is the Portuguese subsidiary of Spain's Santander Group, operating retail, corporate, and wealth businesses. Directly comparable to BPI as a Spanish-owned Portuguese universal bank with cross-border Iberian integration.
Broad incumbents
- CaixaBank: CaixaBank is BPI's parent company and Spain's largest bank, with a comparable Iberian banking and wealth platform. Provides direct strategic, product, and capital benchmarks for BPI as the dominant Spanish retail/wealth franchise.
- BBVA: BBVA is a Spanish global bank with retail and wealth operations across Iberia and Latin America. Comparable to BPI as an Iberian retail banking competitor and as a Spanish incumbent with cross-border digital and wealth capabilities.
- Bankinter: Bankinter is a Spanish commercial bank with a strong digital proposition and affluent-segment focus. Comparable to BPI in Iberian retail, premium banking, and digital customer experience benchmarks.
Regional players
- Banco BAI: Banco BAI is one of Angola's largest commercial banks, operating retail and corporate banking. Directly comparable to BPI's Angola operations, which generated €42M profit, and a regional peer in the same Portuguese-speaking banking sphere.
- Banco Comercial e de Investimentos (BCI): BCI is Mozambique's largest privately-held bank, in which BPI holds a minority stake alongside CGD. Closely comparable to BPI through shared Portuguese-African banking heritage and overlapping Portuguese-language retail/corporate banking.
Emerging players
- Banco CTT: Banco CTT is a Portuguese retail bank launched by postal operator CTT, focused on low-cost deposits and simple banking products. Comparable to BPI as a Portuguese retail competitor, particularly in deposit-gathering and customer acquisition.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
BPI social profiles
Digital presenceBPI financial estimates
Financial estimateRevenue estimate
Valuation estimate
BPI leadership team
Management profileNumber of profiles
Profiles2 records
BPI subsidiaries and ownership
Company hierarchySubsidiaries3 records
BPI funding detail
Funding detailFunding overview
Funding rounds1 record
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BPI M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BPI
What does BPI do?
Banco BPI is a Portuguese universal bank offering retail, corporate, and private banking services. It provides current and savings accounts, debit and credit cards, personal loans, home mortgages, auto financing, term deposits, investment funds, pension products, brokerage, and insurance distribution to individual consumers, SMEs, large corporates, and high-net-worth clients through its branch network, BPI App, BPI Net, and BPI Direto channels.
Is BPI a public or private company?
BPI is a private company. It is classified as corporate owned and is currently operating.
When was BPI founded?
BPI was founded in 1984. It employs 5,001 to 10,000 people.
Where is BPI based?
BPI is headquartered in Porto, Portugal, in the Europe region.
How does BPI make money?
Four revenue lines are on record. Net Interest Income is the primary driver. The others are fee and Commission Income, wealth Management Services and international Operations.
Who are BPI's main competitors?
Direct peers on record are Novo Banco, Millennium BCP, Caixa Geral de Depósitos (CGD) and Santander Totta. Broad incumbents are CaixaBank, BBVA and Bankinter. Regional players are Banco BAI and Banco Comercial e de Investimentos (BCI). Banco CTT is listed as an emerging player.
Does BPI have an API?
No public API is recorded for BPI.
What industry is BPI in?
BPI's product category is Retail Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings). Its NAICS code is 52211 and its SIC code is 6021.