Private company

Banco Best

Banco Best, also known as Best Bank, is a private financial institution founded in 2001 and registered with the Bank of Portugal and the Portuguese Securities Market Commission (CMVM). Based in Lisbon, Banco Best operates in the areas of Banking, Asset Management, and Trading, providing its services from a multi-channel perspective.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

2001Founded1

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Banco Best, also known as Best Bank, is a private financial institution founded in 2001 and registered with the Bank of Portugal and the Portuguese Securities Market Commission (CMVM).2

The story

The bank was founded in June 2001 with a shareholder structure consisting of the defunct Banco Espírito Santo (BES) 75% and Saxo Bank 25%. In 2015, with the departure of Saxo Bank, the bank became wholly owned by Novo Banco (100%).

In March 2023, Novo Banco launched the project to sell Banco Best, which it called "Project Bravo". However, two months after the sale process had been launched, Novo Banco withdrew from the sale of Banco Best due to the group's strategic repositioning in digital.

From Wikipedia’s article on Banco Best, shared under CC BY-SA 4.0.3

Subsidiaries and ownership

Owners

From Wikidata.1

Timeline

  1. 2001Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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