Banco Internacional de Sao Tome e Principe

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Banco Interncaional de Sao Tome e Principe (BISTP) is the larger and older commercial bank in Sao Tome e Principe. It consists of a head office and three branches.

In 1993 the two Portuguese banks, Banco Nacional Ultramarino and Banco Totta e Acores, and the government established the bank. The government owned 42%, and the Portuguese banks shared the remaining 52%. The Portuguese bank, Caixa Geral de Depositos had acquired Banco Nacional Ultramarino in 1988, and merged with it fully in 2001. In 2000, Banco Santander acquired Banco Totta e Acores and disposed of its interest in BISTP to Caixa Geral de Depositos, which now owns 52% of BISTP.