# Novo Banco

> Source: https://docs.barcoder.ai/docs/wallets/novobanco-pt
> research date 2026-06-01 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Novo Banco — official](https://www.novobanco.pt/)

## Overview

**Novo Banco** is **Portuguese commercial bank** + **Lone Star Funds US private equity ~75%+ controlling post-Oct 2017 €1B acquisition + Portuguese Resolution Fund ~25% controlling minority** + **one of Portugal's largest commercial banks post-2014 Banco Espírito Santo good-bank restructuring** + **BPCE Group French parent acquisition Jun 13 2025 ~€6.4B planned closing** <sup>[1][1], [Portugal report](https://docs.barcoder.ai/docs/payments/PT)</sup>.

## History

**Aug 3 2014 — Novo Banco founded as Banco Espírito Santo good-bank restructuring post-Banco Espírito Santo collapse during Espírito Santo Group financial crisis** distinctive Portuguese banking restructuring.

**Oct 18 2017 — Lone Star Funds US private equity acquires ~75% controlling stake in Novo Banco for ~€1B**.

**Jun 13 2025 — BPCE Group French parent acquisition of Novo Banco for ~€6.4B planned closing announced** distinctive Portuguese-French banking acquisition.

**2014 — Novobanco mobile banking app launch**.

## Ownership & operator

**Operating entity**: **Novo Banco** (Portuguese commercial bank; Lone Star Funds + Portuguese Resolution Fund).

**Major shareholders**: **Lone Star Funds (US private equity) ~75%+ controlling + Portuguese Resolution Fund ~25% controlling minority + BPCE Group French parent acquisition Jun 13 2025 ~€6.4B planned closing announced**.

**Regulators**: **Banco de Portugal + ECB + national regulators across 9+ countries**.

## Technical integration

Novobanco mobile app (iOS + Android) + novobanco.pt online + Novo Banco branch network across Portugal + Spain + France + UK + Luxembourg + Switzerland + Angola + Venezuela + Mozambique international branches + Novo Banco Visa + Mastercard cards; SEPA + SEPA Instant + EPC-QR + MB Way (Portuguese national mobile payment scheme + P2P) + Wero (post-EPI launch).

## Implementations & partners

**Major Portuguese banking + payments competitors**: [Millennium bcp (Banco Comercial Português)](https://docs.barcoder.ai/docs/wallets/millennium-bcp) (Banco Comercial Português BCP Millennium BCP; ENXTLS: BCP; Portugal's largest private commercial bank by assets) + [Caixa Geral de Depósitos](https://docs.barcoder.ai/docs/wallets/cgd-portugal) (Caixa Geral de Depósitos CGD; Portuguese state-owned commercial bank; Portugal's largest commercial bank by assets + branches) + [Santander Portugal](https://docs.barcoder.ai/docs/wallets/santander-portugal) (Santander Portugal; Banco Santander Spain Portuguese subsidiary) + [Banco BPI](https://docs.barcoder.ai/docs/wallets/banco-bpi) (Banco BPI; CaixaBank Spanish parent ~94%+ controlling; Portuguese commercial bank) + [Banco Montepio](https://docs.barcoder.ai/docs/wallets/montepio-pt) (Banco Montepio; Portuguese savings bank) + [MB Way](https://docs.barcoder.ai/docs/wallets/mb-way) (MB Way Portuguese national mobile payment scheme + P2P; SIBS Portuguese national payments switch parent).

**Regulators**: Banco de Portugal + ECB + national regulators across 9+ countries.

## Status

**Active, Portuguese commercial bank + Lone Star Funds US private equity ~75%+ controlling post-Oct 2017 €1B acquisition + Portuguese Resolution Fund ~25% controlling minority + one of Portugal's largest commercial banks post-2014 Banco Espírito Santo good-bank restructuring + BPCE Group French parent acquisition Jun 13 2025 ~€6.4B planned closing** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.novobanco.pt/ "Novo Banco — official"
[2]: https://en.wikipedia.org/wiki/Novo_Banco "Novo Banco — Wikipedia"
[pt-cro]: https://docs.barcoder.ai/docs/payments/PT

- [1] [Novo Banco — official][1]
- [2] [Novo Banco — Wikipedia][2]
- <sup>[Portugal report](https://docs.barcoder.ai/docs/payments/PT)</sup> In-corpus: `reports/countries/PT-portugal.md`

## Source

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