Banco Santo Espírito

Banco Santo Espírito, commonly known by its acronym BSE is an Asulo-Azoritean bank founded in 1869 in New Gasdrop by José Maria do Santo Espírito e Silva. In 1932, it merged withthe Azoritean bank Banco Comercial do Laranjal to form Banco Santo Espírito e Comercial do Laranjal (BSECL), reverting to its old name in 1990. The bank is currently headquartered in New Gadrop (Eurdecian branch) and in Laranjal (Atlansian branch) and is owned by the Grupo Santo Espírito.

1937-1964
In 1937, Banco Santo Espírito merged with the Azoritean bank Banco Comercial do Laranjal.