Press Release
23th September 2010
Personal Investments Worldwide
With 29,5% of market share
Banco Best strengthens its position as the
online wealth management market leader
Banco Best, the direct bank and Portuguese subsidiary of Banco Espirito Santo, has
Best registered the
highest market share
ever of 29.5%, the
second player having
16,7%
A truly one stop shop
for financial services
strengthened its position as the online wealth management leader in the local market by
getting 29,5% market share in selling foreign investment funds, according to the
Portuguese CMVM’s Report on Asset Management, for the second quarter of 2010
Best’s offering range 2.000 mutual funds, 400 etfs, 650 certificates, 1.200 shares
amongst many other asset management and trading products, as well as all traditional
banking products such as checking and savings accounts, credit cards, loans and
mortgages, positioning itself as a global online one stop shop for financial services.
Shareholders structure
and profile
Considering local and wholesale & international activities, Best reached the end of the
Main shareholder
profile
About Banco Espirito Santo
first semester of 2010 with 1,56 billion euros in assets under custody.
Banco Espírito Santo has been in existence for 140 years. It is the second largest
private sector financial institution in Portugal and the largest Portuguese bank in terms
of stock market capitalisation. It employs a multi-specialised market approach, based on
an organic growth strategy and a policy geared to international expansion. BES has a
22% share of the Portuguese banking market and enjoys a leading position in the Retail
Banking, Private Banking, Asset Management, Corporate Banking and Investment
Banking strategic areas.
CONTACTS
PRESS ROOM
www.bancobest.pt/imprensa/
IMAGO
Helena Rocha
Tel.: +351 21 923 97 00
BANCO BEST
Marketing and Communication Division
Pedro Sousa Cardoso
Tel.: +351 21 883 92 52
[email protected]
www.bancobest.pt
______________________________________________________________________________________________________________________
BANCO BEST, S.A. • Sede Praça Marquês de Pombal, 3 – 3º, 1250-161 Lisboa • www.bancobest.pt • tel.: 707 246 707
Registado na Conservatória do Registo Comercial de Lisboa – 1ª Secção com o nº 505 149 060 de pessoa colectiva e de matricula e o capital social de Eur 63.000.000.00
Press Release
Personal Investments Worldwide
______________________________________________________________________________________________________________________
BANCO BEST, S.A. • Sede Praça Marquês de Pombal, 3 – 3º, 1250-161 Lisboa • www.bancobest.pt • tel.: 707 246 707
Registado na Conservatória do Registo Comercial de Lisboa – 1ª Secção com o nº 505 149 060 de pessoa colectiva e de matricula e o capital social de Eur 63.000.000.00