CGD

Published 4 November 2026, 00:38

CGD — Caixa Geral de Depósitos

The state bank: under Decreto-Lei n.º 287/93 it is a public limited company "de capitais exclusivamente públicos", meaning all its shares belong to the state. It dates back to the Carta de Lei of 10 April 1876. In everyday speech it is simply called Caixa, and its app and online banking service are called Caixadirecta.

Where you come across it. opening an account, having your salary paid in, mortgages, paying taxes and state fees.

The word Caixa also appears in the names of other banks, such as Crédito Agrícola and Montepio, but in conversation Caixa on its own means CGD.

Official website: cgd.pt

Guides

How to open an account with a Portuguese bank What to do if your bank is closing your account in Portugal