Saxo And Novobanco Team Up To Boost Digital Investment In Portugal

Saxo, a trading and investment firm, has teamed up with Novobanco, a bank in Portugal, to give Novobanco’s clients access to Saxo’s advanced trading platform. This partnership aims to offer Portuguese investors an easy and fully digital way to invest.

Under this agreement, Novobanco will add Saxo’s platform to its services. This will allow clients to explore more investment options. The move follows the trend of increasing digital services in Portugal, where more people want platforms that offer many ways to invest.

The Partnership Opens Up New Investment Opportunities

Elisabete Pinto Pereira, the Director of Investment and Protection at Novobanco, said the bank’s goal is to focus on the needs of its customers. She said this partnership helps the bank make investments easier for everyone and also opens up more opportunities and brings digital tools to investing.

Saxo has been going through some changes recently. According to reports, Saxo Bank A/S is closing its office in Hong Kong and also shutting down its Shanghai office. Saxo said this was because the business environment had changed.

However, Saxo made it clear that it will keep working in the Asia-Pacific region from its office in Singapore. The company described these decisions as difficult but necessary and said it is focused on helping affected clients through a smooth transition.

The partnership between Saxo and Novobanco will use Novobanco’s current services and add Saxo’s well-known platform. Saxo’s platform offers many trading and analysis tools. These tools are designed to help both regular investors and traders access markets around the world.

This partnership will give investors many tools to help them make smarter choices. Saxo’s platform is created to help people manage their investments more easily and better.

Both Companies Seek To Provide Easier Access To Financial Markets

Henrik Alsøe, the Global Head of Saxo Institutional, said that the company is happy to work with Novobanco. He shared that the main goal is to help Novobanco’s customers by giving them better tools for investing.

Alsøe also said the two firms can bring new ideas together to help people invest in global markets. This partnership gives Portuguese investors more choices, especially when more people want to take control of their investments.

This partnership between Saxo and Novobanco shows how both companies are trying to meet the changing needs of investors. By providing more digital tools and investment options, the companies aim to give customers easier access to financial markets. This development highlights the ongoing shift towards digital investing in Portugal and around the world.