Global guidelines CGD has been at the forefront of Portuguese economic and social development over the last 132 years. It has been a benchmark operator in the Portuguese banking sector in terms of its support to households, companies and domestic institutions, since its formation on 10 April 1876.
On the basis of a strong corporate ethos and the highest ethical standards, rigour and professionalism, CGD is permanently geared to the willingness to change. It is currently the parent company of a modern financial group, prepared to cater for the needs and expectations of millions of customers and the challenges of market globalisation.
Notwithstanding the fact that it is a fully competitive organisation whose operations are based on laws regulating the private sector, CGD is a state owned financial institution and the only type of Portuguese bank with this type of equity structure.
CGD’s principal development objectives include, inter alia:
- Commitment to permanent innovation and on-going improvements to its retail banking services - its principal business area;
- Opening new contact channels with customers and facilitating their access to the bank’s services;
- Gearing and expanding its operations to business areas with higher growth and profitability potential;
- Promoting its customers’ and employees’ use of new technologies, improving the quality of service and reducing operating costs;
- Forming partnerships with other leading companies in their sectors, for creating such advanced new economy services as e-banking, e-commerce, specialised portals and interactive television.