About Us

Established in 1844, Caixa Económica Montepio Geral (CEMG) is a Savings Bank (caixa económica bancária) incorporated as a public limited liability company (Sociedade Anónima) under the laws of the Portuguese Republic focused on retail and corporate banking and majority owned by Montepio Geral – Associação Mutualista (MGAM), the largest mutual association in Portugal.

A bank that cares about the future.

    Offering a wide range of banking and financial products and services, CEMG aimed at catering for all its customers’ financial needs through its domestic network of more than 320 branches as well as through its remote channels.

     

    Mission
    Create value for MGAM and other stakeholders, achieving sustained profitability levels by providing products and services fulfilling the needs for its customers. Provide a quality service, acting with high ethical standards and respecting mutuality principles and social sustainability criteria.

     

    Vision
    - Retail banking which differs because is oriented by the mutual purposes, associative participation and solidarity values of its parent company MGAM.

    - Unique in the Portuguese banking system, CEMG is dedicated to promote savings and to provide credit to private segments, micro, small and medium enterprises (SME) and institutions of Social Economy.

    - CEMG provides a universal offer of financial products and services and provides access to a wide range of solutions that complement the public Social Security System (mutual products managed by MGAM).

    - It is recognized by its prudent management, service quality, ethical behaviour and its role as an active agent in promoting Social Economy.

     

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