Holding a banking license in any EU member state means the licensee can access the EU financial market, which comprises 500 million consumers and over 30 million corporate clients.
NO. 1｜One Industry Status
According to EU Regulation (EU) No 575/2013, credit institutions are only entitled to accept deposits and other funds from non-professional market participants and provide comprehensive banking loan services if they have obtained an EU-approved banking license. A bank licensed in any EU member state can offer all banking services to its clients in the other 28 EU member states.
With increasingly stringent financial regulations, the approval of banking licenses is becoming more rigorous, and the cost of application is rising. Acquiring a well-operated EU bank is undoubtedly a fast track to entering the European banking market.
Portugal offers a favorable tax environment, excellent infrastructure, leading internet financial technology, and a large pool of outstanding financial professionals. It is highly attractive to both large international banks and fintech startups.
NO. 2｜Two Overview of Banks for Sale
This bank holds a full-license EU banking qualification. It can conduct banking business throughout the EU area.
It possesses a fully independently developed banking system and is connected to the SWIFT and SEPA clearing systems.
Additionally, the bank's annual revenue is steadily increasing, with no records of violations. It has ample reserves and a low credit risk level.
After acquisition, existing management personnel can continue to serve as license holders to help manage bank operations.
NO. 3｜Three Types of Banking Services
According to the European Central Bank's license authorization, the bank can provide the following banking services to its clients:
Open bank accounts and accept deposits for individual and commercial clients;
Provide loan services to individual and corporate clients;
Offer payment and collection services;
Provide currency exchange services;
Issue electronic money services;
Offer guarantee services for corporate and individual clients;
Provide financial leasing services;
Offer credit rating services;
Safe deposit box rental services;
Fund management, investment consulting, and other similar investment services.
About Oushin
Oushin Overseas Asset Allocation Consulting Company is an international consulting firm established in Europe, primarily assisting clients in countries such as the UK, Ireland, Portugal, Lithuania, and Malta. Services include overseas fund establishment, overseas financial license applications, overseas company establishment, overseas bank account opening, overseas real estate investment, and second identity planning.
Currently, the company can assist clients in applying for financial licenses, including foreign exchange broker licenses, electronic banking licenses, payment licenses, virtual currency trading licenses, and ICO issuance virtual currency licenses.
