Banca March plans to launch in Portugal in early 2027, starting with a business center in Lisbon. Operations in Portugal will be conducted via the branch of its Luxembourg subsidiary.
Leadership rests with the March family's fourth generation and the bank concentrates on wealth management and corporate banking. As of the end of 2025, it reported about €23 billion in assets and attributable profit of €242 million, a 1.3 percent rise from a year earlier, according to its website. Its private banking area oversaw €35.3 billion in total client assets.
Within the wider March Group, there is a stake in Corporacion Financiera Alba, whose holdings include Naturgy Energy Group SA and Colonial SFL Socimi SA.
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The Lisbon entry adds another Spanish name to a market where Spanish banks already hold almost one third of assets, per Bloomberg-compiled data. Existing operators include Banco Santander SA, CaixaBank SA, Banco Bilbao Vizcaya Argentaria SA, Abanca and Bankinter SA. For portfolios tracking Iberian finance, it is another data point on the cross border footprint of Spanish lenders in Portugal.
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