Espirito Santo Inc : Community
Social Responsibility
At Espirito Santo we are constantly challenging ourselves to think of ways to increase the value of the community we live in .
You can make part of this process too. Drop up a line and tell us about your Community Projects.
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The future, the present and the past :
Espirito Santo sponsored in 2007 several scholerships to the Portuguese School - Escola Luis de Camões in Newark.
Espirito Santo sponsored in 2006 the scholership for the Portuguese school Infante D. Henrique in Mount Vernon, NY. This scholership was named Navegador/Banco Espirito Santo.
Espirito Santo is currently the official sponsor of the de South River- NJ veteran soccer team.
Events
Since 2004 we organize a Golf Tournament in Portugal. This event, besides all the networking and golfing, has been an important moment creating new business relationships between attenders, and it provides Turism and Investment opportunities in Portugal.
This is a Premium time for the Portuguese people living in the US and the Portuguese descendents, among others, to increase their network and reinforce their "bridges" with Portugal.
[+] ReadApril 2008, took place the V Espirito Santo USA Golf tournament, held in Madeira Island. This Event counted with the participation of 90 persons. During the prize ceremony we had the presence of the Madeira Turism Secretary of State.
In April 2007 took place, in Portugal, the IV Espirito Santo USA Golf toutnament. This Event counted with the participation of 70 golfers. During the prize ceremony we had present a spokesman from the Portuguese Turism Secretary of State.
In March 2006 took place in Protugal the III Espirito Santo USA Golf Tournament. This Event counted with the participation of 60 golfers. In the prize presentation dinner was present the Portuguese Community Secretary of State Dr. Antonio Braga.
Press
Today everything changes by the minute.
Because you might need to know about our recent history, keep in mind that you can always come to our website and learn about what happened in the past.
Portugal BES Q1 profit falls 49 pct, beats fcast
May 2 (Reuters) - Portugal's No.2 listed bank Banco Espirito Santo (BES.LS) on Monday posted a 49 percent fall in first-quarter net profit after selling its syndicated loan portfolio at a discount to deleverage amid a sovereign debt crisis.
The bank said in a statement net profit fell to 60.9 million euros ($90.18 million), even as net interest income rose 7 percent from a year earlier to 271.3 million euros.
Analysts surveyed by Reuters had predicted, on average, a net profit of 48 million euros and net interest income of 270 million euros.
BES sold over 1.3 billion euros of syndicated project finance and corporate loans in the first quarter at a discount estimated at around 3-4 percent. BES said the gross cost of the deleveraging amounted to 41 million euros.
(Reporting by Sergio Goncalves and Andrei Khalip)
Portugal BES 2010 profit drops 2 pct
Jan 31 (Reuters) - Portugal's second-largest listed bank Banco Espirito Santo (BES.LS) on Monday posted a 2 percent drop in 2010 net profit, pressured by a weak domestic market during the sovereign debt crisis, but slightly exceeding market consensus.
The bank said in a statement net profit fell to 510.5 million euros ($695.3 million), while net interest income fell 3 percent from a year earlier to 1.164 billion euros.
Analysts surveyed by Reuters had predicted, on average, a net profit of 504 million euros and net interest income of 1.18 billion euros. (Reporting by Sergio Goncalves and Andrei Khalip)
Portugal BES 2009 profit jumps 30 pct, beats fcast
LISBON, Jan 27 (Reuters) - Portugal's second-largest listed bank, Banco Espirito Santo (BES.LS), posted on Wednesday a 30 percent rise in its 2009 net profit to beat market expectations, helped by strong trading gains, overseas earnings and a stake sale in Angola.
Net profit rose to 522.1 million euros ($734.1 million), the bank said in a statement. Net interest income rose 10.6 percent from a year earlier to 1.201 billion euros.
Analysts in a Reuters poll had predicted, on average, a net profit of 495 million euros and net interest income of 1.28 billion euros.
(Reporting by Sergio Goncalves and Shrikesh Laxmidas) - 2010
BES outperform analysts : Banco Espirito Santo (BES) 2008 Net Income droped 33,7%. With a Net Income of Euros 402,3M, BES outperformed most analysts predictions. (in Jornal de Negócios 29 Janeiro 2009).
- The Espirito Santo Bank in 2007 has registered a growth of 44,3%, compared to the same period in 2006, higher value than what analysts had expected. (in Jornal de Negócios 28 Janeiro 2008).
- The Bank Espirito Santo (BES) was considered the best bank in Portugal by the magazine “The Banker". O award was given to the bank by its performance and quality. (in Jornal de Negócios On Line 11/29/07).
- Banco Espirito Santo liquid results increased 85% in 2005 to 280.5 million euros ( in jornal de negocios 3/2/06).
- The Banco Espirito Santo Group was the 2nd Edition winner of the Investor Relations Prize of Deloitte with the sponsorship of Diario Económico and Semanário Económico newspapers.
- BES won the prize of best report of accounts of the financial sector, the best global relations program with investors, best information about corporate governance, best Finantial Institution in research and best technology utilization in Investor Relations.
- BES's President, Dr. Ricardo Salgado, won the prize of the Best CEO in Investor Relations.( in Dinheiro Digital 06/23/2005).
