Representatives of Macau’s two note-issuing banks, Banco Nacional Ultramarino (BNU) and the local branch of Bank of China (BOC) visited three Portuguese-speaking countries (PSCs) last month.
BNU
Macau’s Banco Nacional Ultramarino (BNU) is looking to increase support for the more than 40,000 small and medium-sized enterprises (SMEs) in the territory, said Carlos Cid Álvares, the bank’s chief executive told the Tribuna de Macau newspaper.
Caixa Geral de Depósitos (CGD) and Banco Nacional Ultramarino de Macau are strong believers and supportive of the Chinese and Macau governments’ mission to make the territory a platform for closer commercial relations between China and Portuguese speaking countries, said Wednesday CGD Chief Executive Officer, Paulo Macedo.
Banco Nacional Ultramarino (BNU) in Macau, of Portuguese state-owned financial group Caixa Geral de Depósitos, ended the first quarter of 2017 with profits of 168.4 million patacas (US$21.05 million), according to the bank’s quarterly results.
Local Portuguese lender BNU has donated another MOP 1.6 million to Tung Sin Tong, the city’s oldest Chinese charitable organisation.
Banco Nacional Ultramarino (BNU) announced on Tuesday its unaudited financial results for 2016, recording a 9.8 percent increase in net income to MOP560.5 million for the year.
Local Portuguese lender BNU has committed a donation of 10.65 million patacas to establish an endowment fund at the University of Macau Development Foundation (UMDF) with the aim of supporting both teaching and academic research of a chair professor at the Faculty of Business Administration (FBA) of the University of Macau.
Banco Nacional Ultramarino (BNU Macau) concluded the first half of 2016 with year-on-year growth of 17 percent in net results, which amounted to MOP278.57 million (US$34.8 million), said chief executive officer Pedro Cardoso. Cardoso told Macauhub on Monday that all key banking business indicators showed improvements when half-years were compared. He highlighted, for example, the […]
Local Portuguese lender BNU has donated 1.6 million patacas to Tung Sin Tong, the city’s oldest charitable organisation. According to a BNU statement issued on Tuesday, BNU Chief Executive Officer Pedro Cardoso handed the donation to Tung Sin Tong President Chui Sai On at the social welfare body’s headquarters last Friday. Tung Sin Tong has […]