Espirito Santo Financial Group S.A.
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Espirito Santo Financial Group S.A. - Company
Capsule
Reference Code: FS0040CC
Published Date: April 2011
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Espirito Santo Financial Group S.A. - Company Page 1
Capsule
Espirito Santo Financial Group S.A.
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Espirito Santo Financial Group S.A. - Company Overview
Espirito Santo Financial Group S.A. (ESFG) is a holding company for its group companies. Through its group companies,
the company is principally engaged in providing a wide range of financial products and services in Portugal and
internationally. Its financial products and services consist of commercial banking, insurance services, merchant banking,
stock brokerage and asset management services and health care services. In addition, the company also offers real
estate management, venture capital fund services and internet banking services. ESFG operates its business through a
network of offices in Portugal, France, Luxembourg, Angola, Cabo Verde, China, the US, the UAE, Spain, Macau, the UK,
Ireland, Switzerland, Panama and Brazil. ESFG is headquartered in Kirchberg, Luxembourg.
Financial Performance
The company reported interest income of EUR 3,949.6 million during the year ended December 31, 2009. The company's
interest income grew at a CAGR of 5.93% during the period 2007-2009 with an annual decline of 21.5% over fiscal year
2008. During the fiscal year 2009, its operating margin was 17.8% as against the operating margin of 9.76% in the fiscal
year 2008. During the fiscal year 2009, the company’s net profit margin was 4% as against the net profit margin of 1.5% in
the fiscal year 2008.
Espirito Santo Financial Group S.A. - Key Facts
Espirito Santo Financial Group S.A., Key Facts
231, Val des Bons Malades,
Ticker Symbol, Stock ESTL (Luxembourg Stock
Corporate Address: Kirchberg, , L-2121, Luxembourg Exchange Exchange)
Telephone + 352 212 6886840 No. of Employees 13,758
Fax + 352 212 8383393 Financial Year End December
URL www.esfg.com Revenue (in EUR Million) 3,949.58
Industry Financial Services Revenue (in USD Million) 5,485.53
China, France, Ireland, Luxembourg, Portugal, Spain, Switzerland, United Kingdom, Angola, Cape
Locations Verde, United Arab Emirates, United States, Brazil, Cayman Islands, Panama
Source: Annual Report, Company Website, Primary and Secondary Research
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Espirito Santo Financial Group S.A.
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Espirito Santo Financial Group S.A. - Major Products and Services
Espirito Santo Financial Group S.A is a holding company for its group companies. The company’s key products and
services include the following:
Espirito Santo Financial Group S.A., Major Products and Services
Products:
Insurance products
Credit cards
Services:
Commercial Banking:
Deposits
Loans
Leasing
Mortgage
Pension plans
Asset management services
Factoring
Trade finance
Other loans to individuals
Insurance:
Life insurance
Non life insurance
Investment Banking:
Advisory Services
Brokerage Services
Project Finance
Leveraged Finance
Private Equity Services
Asset Management and Private Banking services
Health Care services
Source: Annual Report, Company Website, Primary and Secondary Research
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Espirito Santo Financial Group S.A. - Company Capsule Page 3
Espirito Santo Financial Group S.A.
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Espirito Santo Financial Group S.A. - Key Competitors
The following companies are the major competitors of Espirito Santo Financial Group S.A.:
Insinger de Beaufort Holdings SA
Midilux Holdings SA
Banco Comercial Portugues SA
Caixa Geral de Depositos, SA
Dresdner Bank Luxembourg SA
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Espirito Santo Financial Group S.A.
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Espirito Santo Financial Group S.A. - Key Employees
Espirito Santo Financial Group S.A., Key Employees
Name Job Title Board Level Since Age
Alexandre da Paixao
Director Non Executive Board 2005 67
Coelho
Anibal da Costa Reis
Director Non Executive Board 2001 74
Oliveira
Antonio Luis Roquette
Director Non Executive Board 1984 91
Ricciardi
Bernard Basecqz Director Non Executive Board 2008 64
Carlos Augusto Machado
Director Non Executive Board 2001 60
de Almeida Freitas
Erich Dahler Senior Vice President Senior Management
Fernando Pedro Braga
Director Non Executive Board 2005 63
Pereira Coutinho
Senior Vice President, Chief Financial
Filipe Worsdell Senior Management 2008
Officer
Gerard Laffineur
Chief Executive Officer, Director Executive Board 2008 48
Petracchini
Horacio Lisboa Afonso Director Non Executive Board 2007 61
Jackson Behr Gilbert Director Non Executive Board 1990 77
Jean-Luc Schneider Senior Vice President Senior Management
Jose Carlos Cardoso
Director Non Executive Board 1986 60
Castella
Jose Manuel Pinheiro
Vice Chairman Non Executive Board 1991 65
Espirito Santo Silva
Jose Maria Espirito Santo
Director Non Executive Board 2001 55
Silva Ricciardi
Jose Pedro Torres Garcia
Director Non Executive Board 2002 51
Caldeira da Silva
Juan Villalonga Navarro Director Non Executive Board 2001 56
Manuel Antonio Ribeiro
Director Non Executive Board 2001 67
Serzedelo de Almeida
Manuel Fernando de
Moniz Galvao Espirito Director Non Executive Board 1995 52
Santo Silva
Manuel Guerrero Peman Director Non Executive Board 2008 60
Mario Mosqueira do
Director Non Exe