# Banco BPI

> Source: https://docs.barcoder.ai/docs/wallets/banco-bpi
> research date 2026-05-30 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Banco BPI — official](https://www.bancobpi.pt/)

## Overview

**Banco BPI** is **CaixaBank's Portuguese subsidiary** + **post-2017 CaixaBank 84.5% stake acquisition + 2018 CaixaBank 100% acquisition** <sup>[1][1], [2][2], [Portugal report](https://docs.barcoder.ai/docs/payments/PT)</sup>. **2024 baseline**: Banco BPI 5th largest bank in Portugal with 10.54% Portuguese market share + 1.8M+ Banco BPI Portuguese commercial banking customers (individuals + businesses + institutions); **BPI APP renewed in 2025** (simpler + more intuitive); **BPI distinctive first Portuguese bank metaverse virtual reality bank branch** (also CaixaBank Group's first virtual reality bank branch).

**Distinctive Banco BPI positioning** <sup>[1][1], [2][2], [3][3], [4][4]</sup>:
- **CaixaBank's Portuguese subsidiary** (CaixaBank = Spain #2; post-Mar 2021 Bankia €4.3B all-stock merger)
- **Post-2017 CaixaBank 84.5% stake acquisition + 2018 CaixaBank 100% acquisition** (CaixaBank raised stake from 45% to 84.5% in 2017, took the bank private, and then acquired all the remaining shares; Dec 2018 100% acquisition)
- **Portugal's 5th largest bank with 10.54% Portuguese market share** (2024)
- **1.8M+ Banco BPI Portuguese commercial banking customers** (individuals + businesses + institutions)
- **BPI APP renewed in 2025** (simpler + more intuitive)
- **BPI distinctive first Portuguese bank metaverse virtual reality bank branch** (also CaixaBank Group's first virtual reality bank branch)
- **1981 Banco Português de Investimento founding** + **1995 Banco BPI formal incorporation** (post-Banco Português de Investimento + Banco Fonsecas & Burnay + Banco Borges & Irmão consolidation)
- **Banco BPI BFA Angola** (Banco de Fomento Angola) + **Banco BPI BCI Mozambique** (Banco Comercial e de Investimentos Mozambique) — distinctive Portuguese-African banking subsidiaries

## History

**1981 — Banco Português de Investimento founded** in Portugal — distinctive Portuguese investment banking heritage.

**1995 — Banco BPI formally incorporated** post-Banco Português de Investimento + Banco Fonsecas & Burnay + Banco Borges & Irmão consolidation.

**1996 — Banco BPI IPO on Euronext Lisbon**.

**2010 — Banco BPI mobile banking app launches**.

**Feb 2017 — CaixaBank raises Banco BPI stake from 45% to 84.5%** → takes bank private.

**Dec 2018 — CaixaBank acquires all remaining Banco BPI shares for 100% ownership** <sup>[1][1]</sup>.

**2024 — Banco BPI 5th largest bank in Portugal with 10.54% Portuguese market share** + 1.8M+ Banco BPI Portuguese commercial banking customers <sup>[3][3]</sup>.

**2025 — BPI APP renewed** (simpler + more intuitive) + **BPI first Portuguese bank metaverse virtual reality bank branch** (also CaixaBank Group's first virtual reality bank branch) <sup>[2][2], [4][4]</sup>.

## Ownership & operator

**Operating entity**: **Banco BPI S.A.** (CaixaBank subsidiary).

**Parent**: **CaixaBank S.A.** (BME: CABK) — Spain #2 bank by assets; post-Mar 2021 Bankia €4.3B all-stock merger; 21M+ CaixaBank customers.

**Regulators**: **Banco de Portugal + ECB**.

## Technical integration

BPI APP mobile banking app (iOS + Android; 2025 renewal: simpler + more intuitive) + bancobpi.pt online + Banco BPI cards (Visa + Mastercard + MB) + Banco BPI Portuguese branch network; SEPA Instant + MB WAY (Portuguese P2P payment service); **BPI distinctive first Portuguese bank metaverse virtual reality bank branch** (also CaixaBank Group's first virtual reality bank branch); **Banco BPI BFA Angola** (Banco de Fomento Angola; Banco BPI Angolan subsidiary) + **Banco BPI BCI Mozambique** (Banco Comercial e de Investimentos Mozambique; Banco BPI Mozambican subsidiary).

## Users & growth

**2024**: Banco BPI 5th largest bank in Portugal with 10.54% Portuguese market share + 1.8M+ Banco BPI Portuguese commercial banking customers (individuals + businesses + institutions).

## Use cases

Portuguese + Angolan + Mozambican retail + private + corporate + SME + investment + insurance banking via BPI APP + bancobpi.pt online + cards + branches + **Banco BPI BFA Angola** + **Banco BPI BCI Mozambique**; SEPA Instant + MB WAY (Portuguese P2P payment service); **BPI distinctive first Portuguese bank metaverse virtual reality bank branch**.

## Implementations & partners

**Operator**: Banco BPI S.A. (CaixaBank subsidiary); CaixaBank S.A. (BME: CABK) parent.

**Subsidiaries**: **Banco BPI BFA Angola** (Banco de Fomento Angola; Banco BPI Angolan subsidiary) + **Banco BPI BCI Mozambique** (Banco Comercial e de Investimentos Mozambique; Banco BPI Mozambican subsidiary) + **BPI Vida e Pensões** (Banco BPI Portuguese life insurance + pensions subsidiary) + **BPI Asset Management** (Banco BPI Portuguese asset management subsidiary).

**CaixaBank Group sister entities**: [CaixaBank + imagin](https://docs.barcoder.ai/docs/wallets/caixabank) (Spain #2 parent; BME: CABK) + Now CaixaBank distinctive Spanish online subsidiary + ImaginBank (CaixaBank Spanish mobile-first challenger bank) + CaixaBank Asset Management + CaixaBank Operational Services.

**Major Portuguese banking competitors**: [Millennium bcp (Banco Comercial Português)](https://docs.barcoder.ai/docs/wallets/millennium-bcp) (Banco Comercial Português; Portugal's #1 private bank by assets; 4.3M+ global customers) + [Santander Portugal](https://docs.barcoder.ai/docs/wallets/santander-portugal) ([Banco Santander (Spain parent)](https://docs.barcoder.ai/docs/wallets/santander-spain) Portuguese subsidiary; post-1999 Banco Santander + Banco Totta merger) + Novo Banco (post-Aug 3 2014 Banco Espírito Santo collapse + good-bank carve-out by Lone Star Funds post-2017 €1B acquisition; Aug 2025 BPCE (Groupe BPCE; French) €6.4B Novo Banco 75% acquisition) + Caixa Geral de Depósitos (CGD; Portuguese state-controlled).

**Regulators**: Banco de Portugal + ECB.

## Fun facts

- **CaixaBank's Portuguese subsidiary** (CaixaBank = Spain #2; post-Mar 2021 Bankia €4.3B all-stock merger).
- **Post-2017 CaixaBank 84.5% stake acquisition + 2018 CaixaBank 100% acquisition** (CaixaBank raised stake from 45% to 84.5% in 2017, took the bank private, and then acquired all the remaining shares; Dec 2018 100% acquisition).
- **Portugal's 5th largest bank with 10.54% Portuguese market share** (2024).
- **1.8M+ Banco BPI Portuguese commercial banking customers** (individuals + businesses + institutions).
- **BPI APP renewed in 2025** (simpler + more intuitive).
- **BPI distinctive first Portuguese bank metaverse virtual reality bank branch** (also CaixaBank Group's first virtual reality bank branch).
- **1981 Banco Português de Investimento founding** + **1995 Banco BPI formal incorporation** (post-Banco Português de Investimento + Banco Fonsecas & Burnay + Banco Borges & Irmão consolidation).
- **Banco BPI BFA Angola** (Banco de Fomento Angola) + **Banco BPI BCI Mozambique** (Banco Comercial e de Investimentos Mozambique) — distinctive Portuguese-African banking subsidiaries.

## Comparison

| Feature | Banco BPI | [Millennium bcp (Banco Comercial Português)](https://docs.barcoder.ai/docs/wallets/millennium-bcp) (Banco Comercial Português rival; Portugal's #1 private bank by assets; 4.3M+ global customers) | [Santander Portugal](https://docs.barcoder.ai/docs/wallets/santander-portugal) ([Banco Santander (Spain parent)](https://docs.barcoder.ai/docs/wallets/santander-spain) Portuguese subsidiary rival; post-1999 Banco Santander + Banco Totta merger) | Novo Banco (post-Aug 3 2014 Banco Espírito Santo collapse + good-bank carve-out rival; Aug 2025 BPCE €6.4B Novo Banco 75% acquisition) | Caixa Geral de Depósitos (CGD; Portuguese state-controlled rival) |
|---|---|---|---|---|---|
| Operator | **Banco BPI S.A. (CaixaBank subsidiary; CaixaBank S.A. parent BME: CABK)** | Banco Comercial Português S.A. (Euronext Lisbon: BCP) | Banco Santander Totta S.A. (Banco Santander S.A. parent) | Novo Banco S.A. (Lone Star Funds 75% post-2017 €1B acquisition; Aug 2025 BPCE €6.4B 75% acquisition) | Caixa Geral de Depósitos (Portuguese state) |
| Type | **CaixaBank's Portuguese subsidiary + post-2017 CaixaBank 84.5% acquisition + 2018 100% acquisition + Portugal's 5th largest bank + 10.54% Portuguese market share + 1.8M+ Portuguese commercial banking customers + Banco BPI BFA Angola + Banco BPI BCI Mozambique + first Portuguese bank metaverse VR bank branch** | Portugal's #1 private bank by assets + 4.3M+ global customers + MB WAY Portuguese P2P payment service co-founder | Santander Group's Portuguese subsidiary + post-1999 Banco Santander + Banco Totta merger | Novo Banco post-Aug 3 2014 Banco Espírito Santo collapse + good-bank carve-out + Lone Star Funds 75% post-2017 €1B acquisition + Aug 2025 BPCE (Groupe BPCE; French) €6.4B Novo Banco 75% acquisition | Portuguese state-controlled bank + Portugal's biggest bank by assets |
| Country | PT + AO + MZ | PT + AO + MZ + PL + CH | PT | PT | PT + AO + MO + 4+ countries |
| Distinctive | **1981 Banco Português de Investimento founding; 1995 Banco BPI formal incorporation; Feb 2017 CaixaBank 45% → 84.5% stake acquisition; Dec 2018 CaixaBank 100% acquisition; 2024 Portugal's 5th largest bank with 10.54% Portuguese market share; 2025 BPI APP renewal + first Portuguese bank metaverse VR bank branch** | 1985 Banco Comercial Português founding; 2000 Banco Pinto & Sotto Mayor + Banco Mello acquisitions | Santander Group's Portuguese subsidiary post-1999 Banco Santander + Banco Totta merger | Aug 3 2014 Banco Espírito Santo collapse + Novo Banco good-bank carve-out; 2017 Lone Star Funds €1B 75% acquisition; Aug 2025 BPCE €6.4B Novo Banco 75% acquisition | 1876 Caixa Geral de Depósitos founding; Portuguese state-controlled bank since founding |

## Status

**Active, CaixaBank's Portuguese subsidiary + post-2017 CaixaBank 84.5% stake acquisition + 2018 CaixaBank 100% acquisition** <sup>[1][1], [2][2], [3][3], [4][4]</sup>:
- **Banco BPI S.A. (CaixaBank subsidiary; CaixaBank S.A. parent BME: CABK)** since 1981 Banco Português de Investimento founding + 1995 Banco BPI formal incorporation + 1996 Euronext Lisbon IPO + Feb 2017 CaixaBank 45% → 84.5% stake acquisition + Dec 2018 CaixaBank 100% acquisition.
- **2024 Portugal's 5th largest bank with 10.54% Portuguese market share + 1.8M+ Banco BPI Portuguese commercial banking customers**.
- **2025 BPI APP renewal + BPI distinctive first Portuguese bank metaverse virtual reality bank branch** (also CaixaBank Group's first virtual reality bank branch).
- **Banco BPI BFA Angola + Banco BPI BCI Mozambique distinctive Portuguese-African banking subsidiaries**.
- **Banco de Portugal + ECB regulated**.

## Sources

[1]: https://en.wikipedia.org/wiki/Banco_BPI "Banco BPI — Wikipedia"
[2]: https://www.bancobpi.pt/en/bpi-group/bpi/about-bpi "About BPI Bank, CaixaBank Group"
[3]: https://thebanks.eu/banks/17339 "BANCO BPI S.A. (Portugal) — Bank Profile"
[4]: https://www.caixabank.com/en/headlines/news/bpi-caixabanks-portuguese-subsidiary-enters-the-metaverse-and-opens-the-groups-first-virtual-reality-bank-branch "BPI, CaixaBank's Portuguese subsidiary, enters the metaverse and opens the Group's first virtual reality bank branch — CaixaBank"
[pt-cro]: https://docs.barcoder.ai/docs/payments/PT

- [1] [Banco BPI — Wikipedia][1]
- [2] [About BPI Bank, CaixaBank Group][2]
- [3] [BANCO BPI S.A. (Portugal) — Bank Profile][3]
- [4] [BPI, CaixaBank's Portuguese subsidiary, enters the metaverse and opens the Group's first virtual reality bank branch — CaixaBank][4]
- <sup>[Portugal report](https://docs.barcoder.ai/docs/payments/PT)</sup> In-corpus: `reports/countries/PT-portugal.md`

## Source

Biography extracted from [banco-bpi.md](https://docs.barcoder.ai/source/wallets/banco-bpi). See `matrix.md` for standards-support matrix if present.