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Banco Espírito Santo, S.A.

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Banco Espírito Santo, S.A.

Overview:

The London Branch focuses on three main lines of business:

   * Corporate Banking mainly includes the provision of leveraged finance to borrowers located in the UK and Continental Europe, the administration of Project Finance transactions, sourced by Banco Espirito Santo de Investimento in the same geographic areas and the administration of other Group-originated wholesale banking transactions.

   * Treasury activities mainly involve the diversification of sources of funding through issuance in the London CD market and enhancement of funding terms via active dealing in the foreign exchange markets.

   * Emigrants business relates to account opening in Portugal and remittances handling for Portuguese customers residing in the UK.

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