# Banco Português de Fomento

> Portuguese development bank

**Wikidata**: [Q105497555](https://www.wikidata.org/wiki/Q105497555)  
**Source**: https://4ort.xyz/entity/banco-portugues-de-fomento

## Summary
Banco Português de Fomento (BPF) is a Portuguese development bank founded on November 3, 2020. Headquartered in Ramalde, Porto, it operates as a financial institution focused on fostering economic development within Portugal.

## Key Facts
- **Official Name**: Banco Português de Fomento.
- **Alternate Names**: Banco de Fomento, BPF.
- **Inception Date**: November 3, 2020.
- **Entity Type**: Instance of a bank and a development bank.
- **Country**: Portugal.
- **Headquarters Location**: Ramalde, Porto, Portugal.
- **Specific Address**: Rua Professor Mota Pinto, n.º 42-F, 2.º Andar, Sala 2.11.
- **Postal Code**: 4100-353 Porto.
- **Coordinates**: 41.16679759641322, -8.650387730153357.
- **Contact Phone**: +351 226 165 280.
- **Contact Email**: bpfomento@bpfomento.pt.
- **Official Website**: https://www.bpfomento.pt/pt/ (Portuguese language).
- **Wikidata Description**: Portuguese development bank.
- **Google Knowledge Graph ID**: /g/11mvpttmcp.
- **Crunchbase Organization ID**: banco-portugues-de-fomento.
- **Wikipedia Presence**: Article available in Portuguese (pt); sitelink count: 1.

## FAQs
**What is the primary function of Banco Português de Fomento?**
Banco Português de Fomento is defined as a development bank, indicating its role in providing financial support for economic development projects in Portugal.

**Where is Banco Português de Fomento located?**
The bank is headquartered in the Ramalde area of Porto, Portugal, specifically at Rua Professor Mota Pinto, n.º 42-F, 2.º Andar, Sala 2.11, with the postal code 4100-353.

**When was Banco Português de Fomento established?**
The institution was founded and began operations on November 3, 2020.

**How can Banco Português de Fomento be contacted?**
The bank can be reached via telephone at +351 226 165 280 or via email at bpfomento@bpfomento.pt.

## Why It Matters
As a development bank, Banco Português de Fomento plays a critical role in the Portuguese financial ecosystem by filling gaps left by traditional commercial banks. Established in late 2020, it serves as a state-backed financial engine designed to support strategic sectors of the economy, likely focusing on areas such as innovation, infrastructure, and regional development. Its creation represents a structured effort to enhance the country's economic resilience and competitive capacity through targeted financial intermediation.

## Notable For
- **Dual Classification**: Distinguished by its classification as both a standard "bank" and a specialized "development bank."
- **Recent Establishment**: Founded in 2020, making it a modern addition to Portugal's financial infrastructure.
- **Strategic Location**: Headquartered in Porto, specifically in the Ramalde district, rather than the traditional capital, Lisbon.
- **Digital Presence**: Identified by major digital knowledge graphs, including a specific Google Knowledge Graph ID (/g/11mvpttmcp) and Crunchbase profile.

## Body

### Identity and Naming
Banco Português de Fomento is the official name of the institution, which is also referred to by the alias "Banco de Fomento" and the acronym "BPF." The entity is explicitly described in knowledge bases as a "Portuguese development bank," a definition that underscores its national mandate and functional specialty. It holds a unique identifier in the Google Knowledge Graph (/g/11mvpttmcp) and is tracked in the Crunchbase business database under the ID "banco-portugues-de-fomento."

### Founding and History
The institution is a recent entrant to the financial sector, with an official inception date of November 3, 2020. This specific founding date marks its formal establishment as a legal and operational entity within Portugal.

### Physical Location and Headquarters
The bank maintains its headquarters in Portugal, specifically within the municipality of Ramalde in the district of Porto. Its precise physical address is listed as Rua Professor Mota Pinto, n.º 42-F, 2.º Andar, Sala 2.11, with the postal code 4100-353. Geospatial data places the headquarters at the coordinates 41.16679759641322 latitude and -8.650387730153357 longitude.

### Contact and Digital Footprint
Banco Português de Fomento provides specific contact channels for public interaction. The primary telephone number listed is +351 226 165 280, and the official email address is bpfomento@bpfomento.pt. Its digital presence is anchored by its official website, https://www.bpfomento.pt/pt/, which serves the Portuguese language audience. The bank has a limited but specific presence on Wikipedia, with a sitelink count of 1, corresponding to its Portuguese language article.

### Organizational Classification
Structurally, the entity is classified as an "instance of" two distinct types: a generic "bank" and a more specific "development bank." This classification hierarchy situates the organization within the broader category of financial institutions that accept deposits while specifically denoting its mission-oriented focus on economic development rather than purely commercial profit.

## References

1. [Source](https://www.bpfomento.pt/pt/contactos/)