Having its origins in the 19th century, Banco Espírito Santo’s confident entry into the 21st century is backed by the principles it inherited and which continue to mark its identity and its culture. BES remains faithful to the founding principles of the Espírito Santo brand, namely a permanent contribution to the economic, cultural and social development of Portugal and the countries where it operates.
BES’s milestones are the clear manifestation of a legacy built up through a consistent strategy and a balanced and stable management. BES pursues a strategy of organic growth in the domestic market complemented by an international presence focused on markets with cultural and/or economic affinities with Portugal, as well as markets showing high potential in specific areas where the group holds particular skills. In the development of its international activities, the group exports its expertise and skills in Private Banking, Corporate Banking and Investment Banking, taking advantage of the existing affinities with the Spanish market as well as with Portuguese speaking countries, in particular Angola and Brazil.

www.bes.pt

Banque Espírito Santo et de la Vénétie (‘BESV’) is a French bank that offers customers a comprehensive range of services and facilities supporting the development of their businesses and assets. Specialised services include Corporate Banking, Investment Banking, with recognised expertise in structured finance and providing support for LBOs, and in Merger & Acquisition trough Mandel Partners S.A., a specialised subsidiary. BESV also offers services Professional Real Estate business focusing on the acquisition, renovation and financing of developments.

www.besv.fr

Business activity at ES Bank (Panama), the fully owned subsidiary of ESFG, centres on the provision of financial services with the primary source of activity focusing on short term loan operations. On 30 June 2008, ESFG acquired the remaining 33.3% of the capital of ES Bank (Panama) S.A. from Euroamerican Finance Corporation, a subsidiary of Espírito Santo Resources Ltd. ESFG now holds 100% of the capital of ES Bank (Panama) Ltd., a bank incorporated in 2001 in the Republic of Panama.

 www.esbpanama.com

BES Investimento (‘BESI’), the fully owned subsidiary of BES. BESI is the leading investment bank in Portugal and one of the major investment banks in the Iberian Peninsula. BESI offers innovative financial advisory and structured finance solutions in the Iberian Peninsula, Brazil, the UK, Angola and Poland. The principal areas of activity include: Corporate and Project Finance and Securitisation, Leveraged Finance, Capital Markets and Private equity.

 www.esinvestment.com

BES Investimento (‘BESI’), the fully owned subsidiary of BES. BESI is the leading investment bank in Portugal and one of the major investment banks in the Iberian Peninsula. BESI offers innovative financial advisory and structured finance solutions in the Iberian Peninsula, Brazil, the UK, Angola and Poland. The principal areas of activity include: Corporate and Project Finance and Securitisation, Leveraged Finance, Capital Markets and Private equity.

 www.besinvestimento.com.br

Banco Espírito Santo (‘BES’), through its fully owned investment banking subsidiary BES Investimento (‘BESI’), offers innovative financial advisory and structured finance solutions in Angola, as well as Iberian Peninsula, Brazil, the UK and Poland. The principal areas of activity include: Corporate and Project Finance and Securitisation, Leveraged Finance, Capital Markets and Private equity. The Angolan investment banking operations work along side the BES retail and private banking operations.

 www.besa.ao