
Novo Banco SA, founded in 2014 and headquartered in Lisbon, Portugal, was established to provide financial services following the resolution of Banco Espírito Santo. The bank focuses on retail banking, offering a range of services including current and savings accounts, loans, mortgages, and investment products tailored to individual and corporate clients.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Novo Banco SA began issuing its bonds shortly after its establishment in 2014, with a notable issuance of €1 billion in senior unsecured notes aimed at strengthening its capital base. In recent years, the bank's bond offerings have been characterized by competitive yields, often surpassing industry averages, reflecting its recovering financial position. Noteworthy is its 2020 issuance of green bonds, which further emphasizes its commitment to sustainable financing initiatives, positioning Novo Banco as a key player in the green finance sector.