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Banco Interatlântico

A Cape Verdean commercial bank headquartered in Praia.

Last updated August 25, 2026

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Overview

Banco Interatlântico is a commercial bank based in Cabo Verde. Its headquarters are located on Avenida Cidade de Lisboa in Praia, the country's capital. The bank was established in July 1999 as a subsidiary of Caixa Geral de Depósitos, the Portuguese banking group. It therefore entered the Cape Verdean financial market with a direct connection to a major Portuguese banking institution and has operated as part of the broader Caixa Geral de Depósitos Group. The available reference material identifies Banco Interatlântico primarily through its role as a Cape Verdean commercial bank and through its ownership structure. Caixa Geral de Depósitos Group is reported to hold 70% of the bank, indicating majority control while leaving the remaining ownership interests unspecified in the available sources. No reliable source material supplied for this entry provides a detailed account of the bank's retail, corporate, digital, investment, or international product portfolio, nor does it identify specific executives, financial results, campaigns, acquisitions, or major controversies. As a locally headquartered bank within the Cape Verdean banking system, Banco Interatlântico's apparent business scope is domestic commercial banking. Its presence in Praia places it in the country's principal administrative and economic center. The bank's Portuguese parentage also provides an institutional link to the Lusophone financial world, although the available material does not establish the extent of any cross-border services, shared platforms, or operational integration. Banco Interatlântico should be distinguished from similarly named financial institutions in other jurisdictions. The authoritative subject for this dossier is the Cape Verdean bank described by the Wikipedia article titled “Banco Interatlântico.” Information about its current operating status, detailed offerings, management, ownership beyond the reported 70% stake, and recent developments remains limited in the supplied sources.

History

Banco Interatlântico was established in July 1999 in Cabo Verde as a subsidiary of Caixa Geral de Depósitos, the Portuguese banking group. Its creation placed the institution within the commercial banking sector of Cabo Verde while giving it a direct corporate relationship with a large Portuguese financial parent. The available reference material does not identify the bank's founding management, initial capitalization, launch products, branch rollout, or early operating milestones. The bank's headquarters are in Praia, on Avenida Cidade de Lisboa. Praia is Cabo Verde's capital and a central location for the country's public institutions, businesses, and financial activity. From this base, Banco Interatlântico has been identified as a Cape Verdean commercial bank serving the domestic market. The supplied sources do not provide enough detail to describe the precise division between retail, corporate, treasury, payments, or other banking activities. Ownership information in the available material states that Caixa Geral de Depósitos Group owns 70% of Banco Interatlântico. This majority stake makes the Portuguese group the bank's controlling shareholder and links Banco Interatlântico to the wider Caixa Geral de Depósitos corporate structure. The identities of any minority shareholders are not provided in the reference material. No supported information is available here about later ownership changes, mergers, recapitalizations, public listings, or changes in legal status. The available sources also do not document specific campaigns, product generations, executive appointments, scandals, lawsuits, regulatory actions, or major strategic decisions involving the bank. Accordingly, the historical record in this entry is limited to the institution's establishment, headquarters, commercial-bank identity, and majority ownership. Additional primary or current sources would be required to produce a fuller account of its products, financial performance, governance, branch network, digital services, and present-day activities.

  • 1999

    Bank established

    [1]

    Banco Interatlântico was established in July 1999 in Cabo Verde as a subsidiary of Caixa Geral de Depósitos.

Products and positioning

A Cape Verdean commercial bank with majority ownership by Portugal's Caixa Geral de Depósitos Group.

  • Commercial banking

    Commercial banking services

    Banco Interatlântico is identified in the available reference material as a commercial bank in Cabo Verde. The sources do not specify individual account products, lending products, payment services, investment services, or eligibility requirements, so this entry records the broad banking category rather than attributing unsupported named offerings.

Sources1 sources

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