Banco Comercial do Atlântico
Banco Comercial do Atlântico is a Cape Verdean commercial bank offering universal retail, corporate, and emigrant banking services through 30+ branches across all nine inhabited islands, complemented by BCADirecto digital channels and a correspondent banking network for international remittances. Acquired by Coris Holding in January 2026 for €82 million.
- Company typePrivate
- Founded1993
- HeadquartersPraia
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What Banco Comercial do Atlântico does
Banco Comercial do Atlântico (BCA) is a Cape Verdean commercial bank headquartered in Praia, Santiago Island, providing universal retail and corporate banking services to individuals, businesses, institutions, and the Cape Verdean diaspora. The bank operates the most extensive physical distribution network in the country, with over 30 branches spanning all nine inhabited islands of Cape Verde, complemented by ATMs, POS terminals, and a multi-channel digital banking platform branded BCADirecto (internet, mobile app, and 24/7 IVR telephone banking). Its product portfolio includes current and term deposit accounts, the national Vinti4 debit card, Visa credit cards (Classic, Gold, Corporate), Visa Flex prepaid cards, and a full credit suite covering housing (variable rate 4.9%, up to 30 years), consumer credit, auto credit and leasing, business financing, and specialized emigrant and youth savings products. Specialized services include securities brokerage through the Bolsa de Valores Cabo Verde, real estate financing and listings (BCA Imóveis), and international remittances supported by a correspondent banking network spanning Bank of America, Caixa Geral de Depósitos, UBS, and other European banks.
BCA generates revenue through traditional banking streams: net interest income on its lending book (housing, consumer, auto, business), transaction fees and commissions on cards, transfers, and account services, and net interest on its deposit franchise including emigrant accounts with tax-advantaged status. The go-to-market model is sales-led with physical branch dominance, augmented by digital self-service. The bank holds a regulatory banking license, is FATCA- and OFAC-compliant, and aligns with EU GDPR (RGPD) standards for data protection. Until January 2026, BCA was a wholly owned subsidiary of Portugal's Caixa Geral de Depósitos; it was acquired in January 2026 by Coris Holding, S.A. for €82 million, with CGD retaining a Cape Verde presence through Banco Interatlântico. The bank employs 101–250 people and remains the dominant incumbent retail bank in the Cape Verdean archipelago.
Banco Comercial do Atlântico firmographics
Firmographics- Name
- Banco Comercial do Atlântico
- Legal name
- Banco Comercial do Atlântico
- Website
- https://bca.cv
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Banco Comercial do Atlântico is a Cape Verdean commercial bank offering universal retail, corporate, and emigrant banking services through 30+ branches across all nine inhabited islands, complemented by BCADirecto digital channels and a correspondent banking network for international remittances. Acquired by Coris Holding in January 2026 for €82 million.
- Ownership category
- akta.pro rank
Where Banco Comercial do Atlântico is headquartered
LocationHeadquarters
- HQ city
- Praia
Offices12 records
Markets served
Banco Comercial do Atlântico business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Interest Income: Traditional banking interest income from lending activities including housing credit, consumer credit, automobile financing, and business loans
- Commission and Fee Income: Fees from banking services including account management, transfers, card transactions, and other service charges
- Deposits and Savings Products: Interest-bearing deposits and savings accounts including emigrant deposits with tax benefits
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Housing Credit for Individuals |
| Subscription | Monthly | Housing Credit for Rental |
| Subscription | Monthly | Land and Other Real Estate Credit |
| Subscription | Monthly | Business Real Estate Credit |
| Subscription | Monthly | Consumer Credit |
| Subscription | Monthly | Auto Credit |
| Subscription | Monthly | Auto Leasing |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels6 records
Banco Comercial do Atlântico product offering
Product offeringCore offering
Banco Comercial do Atlântico (BCA) is a Cape Verdean full-service commercial bank offering deposit accounts (current, term, youth savings), consumer and corporate lending (mortgage, consumer credit, auto loans, auto leasing, education financing), payment cards (Vinti4 debit, VISA Flex prepaid, VISA Classic/Gold/Corporate credit cards), specialized emigrant banking with foreign currency deposits and correspondent bank transfers, securities trading via Bolsa de Valores Cabo Verde, and real estate services through BCA Imóveis. The bank delivers these products across all nine inhabited islands of Cape Verde via over 30 branches, complemented by the BCADirecto digital banking suite available through internet, mobile, and IVR-telephone channels, with correspondent bank relationships supporting diaspora remittances and international transfers.
Product overview
Banco Comercial do Atlântico operates as a traditional commercial bank in Cabo Verde offering a comprehensive suite of banking products and services. The core banking platform consists of BCADirecto (multi-channel digital banking available via Internet, Mobile App, and Telephone Contact Center) serving as the primary delivery channel for account management, transfers, and payments. The product portfolio includes debit cards (Vinti4 national network), prepaid and credit cards (VISA), various credit products (housing, consumer, auto, leasing, education), savings accounts, current accounts, fixed-term deposits, and specialized emigrant banking services. Additional offerings include real estate financing and property listings through BCA Imóveis. The bank maintains a physical branch network across all major islands of Cabo Verde complemented by extensive ATM and POS infrastructure.
Differentiator
Problem solved
Functional benefit
Brands
- BCADirecto: Internet banking and mobile banking service platform
- Vinti4
- VISA Flex
- BCA Imóveis
Products and services
- Contas à Ordem (Current Accounts) Demand deposit checking accounts for individuals, emigrants, businesses, and institutions enabling day-to-day payments, transfers, and account management.
- Contas a Prazo (Time Deposits) Fixed-term deposit accounts with various maturity bands (31-365 days) available to individual, emigrant, and business customers seeking interest-bearing savings.
- Conta Poupança Jovem (Youth Savings Account) Savings account targeted at young people aged 0-30 with a minimum opening balance of 5,000 CVE, monthly deposit capability from 1,000 CVE, and an annual bonus rate of 0.15%.
- Conta Ordenado Especial (Salary Overdraft) Automatic overdraft facility for salaried employees providing revolving credit of up to 75% of monthly net salary.
- Crédito Habitação (Mortgage Credit) Housing mortgage financing offering up to 100% financing, variable rates from 4.9% for permanent primary residence, with maximum terms up to 30 years.
- Crédito ao Consumo (Consumer Credit) Short-to-medium-term consumer financing for purchase of goods and services with a maximum repayment period of 36 months.
- Crédito Automóvel (Auto Loan) Vehicle financing for personal use (up to 80% LTV) or commercial exploitation (up to 70% LTV) with terms up to 5 years (personal) or 3 years (commercial).
- BCA Leasing Auto (Vehicle Leasing) Vehicle leasing for new vehicles with up to 100% financing, maximum 48-month terms, first rental installment up to 60% of vehicle price, and residual value 2-6% at contract end. Vehicle acquisition executed in partnership with Promoleasing.
- Cartão Vinti4 (National Debit Card) National debit card with contactless functionality for ATM withdrawals, point-of-sale purchases, and deposits across Cape Verde via the Vinti4 payment network.
- Cartão BCA VISA Flex (Prepaid Debit Card) Reloadable prepaid VISA debit card accepted internationally at VISA-accepting ATMs and merchants, with contactless payment support.
- Cartões de Crédito VISA (VISA Credit Cards) International VISA credit card products across Classic, Gold, and Corporate tiers with differentiated credit limits and international merchant acceptance.
- BCA Mestrado (Postgraduate Education Financing) Specialized education loan for postgraduate (Master's degree) studies with favorable terms and a maximum financing of 540 CVE.
- BCA Emigrante (Emigrant Banking Package) Specialized banking package for Cape Verdean emigrants abroad, including foreign currency deposit accounts, international transfer services, and tax-efficient savings linked to emigrant status.
- BCA Imóveis (Real Estate Services) Real estate services combining property listings of bank-recovered assets with financing for buyers, including investment credit for housing (4.9% variable) and land (5.75% variable) with up to 30-year terms.
- Câmbios (Foreign Exchange Services) Foreign currency buying and selling services in CHF, EUR, GBP, and USD with daily published bid/ask rates and an online exchange simulator (Simulador de Câmbios).
Companies that use Banco Comercial do Atlântico
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles4 records
Banco Comercial do Atlântico technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature4 records
Banco Comercial do Atlântico partnerships and signals
Strategic signalPartnerships
16 partnerships are on record, tiered core and minor.
- Bank Of America, N.A. (New York)coreCorrespondent bank relationship for USD international transfers and correspondent banking services.
- Bank Of America, N.A. (London)coreCorrespondent bank relationship for GBP international transfers and international banking services.
- Caixa Geral de Depósitos SA (Paris)coreCorrespondent bank for international transfers to/from France and Eurozone.
- Caixa Geral de Depósitos SA (Lisbon)coreParent company correspondent bank for international transfers to/from Portugal.
- UBS Swiss Bank Corporation AGcoreCorrespondent bank for international transfers to/from Switzerland.
- Intesa Sanpaolo SPI (Milan)minorCorrespondent bank for international transfers to/from Italy.
- UniCrédito Italiano SPA (Milan)minorCorrespondent bank for international transfers to/from Italy.
- DnB NOR Bank ASA (Oslo)minorCorrespondent bank for international transfers to/from Norway.
- Ing Belgium SA/NV (Brussels)minorCorrespondent bank for international transfers to/from Belgium.
- BNU-Banco National Ultramarino (Macau)minorCorrespondent bank for international transfers to/from Macau.
- Banco Português de Investimento SA (Porto)minorCorrespondent bank for international investments and transfers.
- Banco Sabadell SA (Sabadell)minorCorrespondent bank for international transfers to/from Spain.
- Bank of Austria Creditanstald (Vienna)minorCorrespondent bank for international transfers to/from Austria.
- VISA InternationalcoreCard network provider for Visa credit cards (Classic, Gold, Corporate) and Visa Flex prepaid debit cards issued by BCA.
- Bolsa de Valores Cabo Verde (BVC)coreCape Verde Stock Exchange - partner for securities trading and capital markets services.
- Rede Vinti4coreNational payment network for Vinti4 debit cards enabling ATM withdrawals and POS transactions throughout Cape Verde.
Scale indicators2 records
Recent moves7 records
Expansion highlights5 records
Banco Comercial do Atlântico competitors and assessment
Company assessmentDirect peers
- Banco BAI Cabo Verde: Angolan-origin bank with Cape Verde operations targeting corporate and institutional clients. Competes with BCA's institutional and corporate banking segment and on cross-border Lusophone Africa trade flows.
- Banco Interatlântico: Cape Verdean commercial bank operating in the same market with similar retail, corporate, and emigrant banking products. Direct domestic competitor to BCA following CGD's strategic pivot from BCA to Banco Interatlântico for its Cape Verde presence.
- Caixa Económica de Cabo Verde (Montepio Geral): Portuguese-affiliated savings bank operating in Cape Verde with retail deposit and lending products. Competes head-to-head with BCA for consumer, emigrant, and SME banking share in the domestic market.
Regional players
- Banco Nacional Ultramarino (BNU): Macau-headquartered Lusophone-affiliated bank with correspondent relationship to BCA. Comparable in serving emigrant and trade finance flows across Portuguese-speaking markets, although not a direct Cape Verde retail competitor.
- BAI - Banco Angolano de Investimento: Major Angolan universal bank with growing Cape Verde footprint via Banco BAI Cabo Verde. Comparable in targeting high-net-worth, corporate, and Lusophone cross-border banking opportunities across the region.
Broad incumbents
- Ecobank Transnational Incorporated: Pan-African banking group with presence across West and Central Africa. Comparable in offering full-service retail and commercial banking including remittances, and serves as a regional peer for cross-border payments and trade finance strategy.
- Novo Banco: Portuguese universal bank offering retail mortgages, consumer credit, cards, and wealth management. Comparable product set to BCA for the emigrant segment serving Cape Verdeans with ties to Portugal, though not a domestic Cape Verde competitor.
- Standard Bank Group: Pan-African banking group with extensive retail, corporate, and correspondent banking footprint. Comparable as a large incumbent competitor for institutional, treasury, and cross-border payment services in African markets where BCA operates.
- Caixa Geral de Depósitos: Former parent of BCA and a major Portuguese universal bank with global retail and commercial operations. Comparable product suite (deposits, mortgage, consumer credit, cards) and served as BCA's strategic and operational anchor for decades.
Others
- Coris Holding, S.A. Pan-African insurance and financial services group that acquired BCA in 2026. Not a peer in the banking sense, but the new owner with overlapping distribution across West Africa that could enable bancassurance and product expansion synergies.
Market position
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Banco Comercial do Atlântico social profiles
Digital presenceBanco Comercial do Atlântico compliance and trust
Trust signalCompliance5 records
Banco Comercial do Atlântico financial estimates
Financial estimateRevenue estimate
Valuation estimate
Banco Comercial do Atlântico leadership team
Management profileNumber of profiles
Profiles9 records
Banco Comercial do Atlântico funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Banco Comercial do Atlântico 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 Banco Comercial do Atlântico
What does Banco Comercial do Atlântico do?
Banco Comercial do Atlântico (BCA) is a Cape Verdean full-service commercial bank offering deposit accounts (current, term, youth savings), consumer and corporate lending (mortgage, consumer credit, auto loans, auto leasing, education financing), payment cards (Vinti4 debit, VISA Flex prepaid, VISA Classic/Gold/Corporate credit cards), specialized emigrant banking with foreign currency deposits and correspondent bank transfers, securities trading via Bolsa de Valores Cabo Verde, and real estate services through BCA Imóveis. The bank delivers these products across all nine inhabited islands of Cape Verde via over 30 branches, complemented by the BCADirecto digital banking suite available through internet, mobile, and IVR-telephone channels, with correspondent bank relationships supporting diaspora remittances and international transfers.
Is Banco Comercial do Atlântico a public or private company?
Banco Comercial do Atlântico is a private company. It is classified as corporate owned and is currently operating.
When was Banco Comercial do Atlântico founded?
Banco Comercial do Atlântico was founded in 1993. It employs 101 to 250 people.
Where is Banco Comercial do Atlântico based?
Banco Comercial do Atlântico is headquartered in Praia.
How does Banco Comercial do Atlântico make money?
Three revenue lines are on record. Interest Income is the primary driver. The others are commission and Fee Income and deposits and Savings Products.
Who are Banco Comercial do Atlântico's main competitors?
Direct peers on record are Banco BAI Cabo Verde, Banco Interatlântico and Caixa Económica de Cabo Verde (Montepio Geral). Regional players are Banco Nacional Ultramarino (BNU) and BAI - Banco Angolano de Investimento. Broad incumbents are Ecobank Transnational Incorporated, Novo Banco, Standard Bank Group and Caixa Geral de Depósitos. Coris Holding, S.A. is listed as an others.
Does Banco Comercial do Atlântico have an API?
No public API is recorded for Banco Comercial do Atlântico.