Espírito Santo Financial Group S.A. is a listed company, with its shares quoted on the Luxembourg, NYSE Euronext Lisbon and London Stock Exchanges. ESFG, through its subsidiaries, provides a wide range of banking and insurance services.

About ESFG

ESFG is a fully integrated financial services holding company with investments in sound financial institutions. It has a leading position in the banking and insurance markets in Portugal and, through its principal banking subsidiary Banco Espírito Santo Group (“BES Group”) as well as other banking operations in Switzerland, France and the UAE, has a broad geographic reach. ESFG’s international presence aims to support Portuguese firms and individuals abroad by covering the countries with cultural affinities with Portugal.

The components of BES Group are principally Banco Espírito Santo (“BES”), the second largest publically quoted commercial bank in Portugal, and the largest publically quoted Portuguese bank by market capitalisation. It and its subsidiaries, namely BES Investment, a major Iberian investment bank, operate in Portugal, Spain, Angola and Brazil and ESAF-Espírito Santo Activos Financeiros, a major fund management company. In aggregate BES Group has an average market share of 19.6% in Portugal (30 September 2013) and 25.6% of Portugal's corporate market in the same period. Internationally BES Group is present in Angola, Brazil, Cape Verde Islands, China, Spain and the USA through small operational subsidiaries. ESFG has further banking and private banking interests in Switzerland through Banque Privée Espírito Santo, in France through Banque Espírito Santo et de la Vénétie and in Dubai through ES Bankers (Dubai).

The insurance group is composed of Companhia de Seguros Tranquilidade (“Tranquilidade”) engaged in non-life agent and direct distribution; T-Vida, a spin-off life company resulting from the purchase by Tranquilidade of agent-originated portfolio of BES Vida; BES Vida, life company formerly known as Tranquilidade Vida, focusing on life bancassurance; BES Seguros, non-life company, formerly known as Espírito Santo Seguros, focusing on non-life bancassurance. Tranquilidade also offers direct insurance through its fully owned subsidiary LOGO.


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