Caixa Geral de Depósitos, SA Competition

Caixa Geral de Depósitos (CGD) wants to hold what's in Portuguese pockets and pocketbooks. As one of Portugal's largest banks, CGD (along with its numerous subsidiaries and affiliates) offers a wide range of products and services in addition to commercial banking, including investment banking, venture capital, asset management, insurance, and credit services. In the retail sector, CGD concentrates on such traditional products as savings accounts, mortgage loans, and credit cards. The bank has more than 800 Portuguese offices, as well as about 370 in other countries (including Cape Verde, East Timor, France, Luxembourg, Macao, Mozambique, South Africa, Spain, the UK, and the US).