What is banco nacional ultramarino?

Banco Nacional Ultramarino (BNU) is a bank based in Macau, China, founded in 1902. It is one of the oldest banks in Asia and was originally established to manage the financial needs of Portugal's overseas empire. In the 1990s, the bank expanded beyond its traditional focus on Portuguese-speaking countries, becoming a major international bank in its own right.

Today, BNU is a subsidiary of the China-based financial institution, Bank of China. It offers a range of banking and financial services to individuals, companies, and institutions in Macau and around the world. These services include private banking, corporate banking, investment banking, trade finance, and asset management. The bank also has a strong commitment to corporate social responsibility, supporting a range of cultural, educational, and community initiatives in Macau and beyond.