![\"\"](\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2018\/01\/Montepio.jpg\")
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Displaying both resilience and determination, Caixa Econ\u00f3mica Montepio Geral \u2013 one of Portugal\u2019s oldest banks \u2013 has survived and indeed prospered throughout the ages thanks to its ability to quickly adapt and meet shifting market conditions with aplomb and a keen eye for opportunity.<\/strong><\/p>\n Founded in 1840 and headquartered in Lisbon, Caixa Econ\u00f3mica Montepio Geral traces its corporate origins to a mutual savings entity. Today, Caixa Econ\u00f3mica Montepio Geral stands at the apex of a business group that also includes insurance, fund and asset management, and property management companies.<\/p>\n In January, Caixa Econ\u00f3mica Montepio Geral\u2019s management revealed a much higher than expected capital ratio, beating market expectations with the bank\u2019s Tier 1 ratio significantly exceeding the tighter requirements that only come into force later this year. The achievement allowsCaixa Econ\u00f3mica Montepio Geral to consolidate and expand its activities. The bank continues to play a major role, as it has done for many decades, in the development of Portugal\u2019s business environment, placing particular emphasis on supporting young entrepreneurs and start-ups.<\/p>\n Deeply rooted in the country\u2019s corporate establishment, Caixa Econ\u00f3mica Montepio Geral is able to close the generational divide between young and established entrepreneurs, coupling ambition and drive with experience and knowledge for superior results that help underpin the country\u2019s economy.<\/p>\n The CFI.co judging panel congratulates Caixa Econ\u00f3mica Montepio Geral on its hands-on approach to business development. The judges agree that the bank is peerless when it comes to navigating the buoyant Portuguese economy. The judges declare Caixa Econ\u00f3mica Montepio Geral winner of the 2017 Best Heritage Bank Portugal Award.<\/p>\n","protected":false},"excerpt":{"rendered":" Displaying both resilience and determination, Caixa Econ\u00f3mica Montepio Geral \u2013 one of Portugal\u2019s oldest banks \u2013 has survived and indeed prospered throughout the ages thanks to its ability to quickly<\/p>\n","protected":false},"author":1,"featured_media":5277,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[10,5,53],"tags":[83],"class_list":["post-5276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","category-europe","category-front","tag-83"],"yoast_head":"\n