Often overlooked by tourists in favor of Lisbon or Porto, the city of Braga is one of Portugal’s best-kept secrets. Located in the northern region of Minho, this ancient city brims with historical charm and architectural wonders. Among its many attractions stands a unique landmark – The Banco de Portugal building.
The History of Banco de Portugal
Banco de Portugal, also known as Bank of Portugal, was established on November 19th, 1846 in Lisbon. It served as the country’s central bank responsible for maintaining monetary stability and integrity throughout the nation. However, it wasn’t until decades later that a branch was opened up in Braga.
In 1927, after several years operating from rented premises around the city center, Banco de Portugal decided to establish a more permanent presence in Braga. A plot was acquired at Largo do Pópulo (Pópulo Square), which would eventually become home to an impressive neoclassical edifice that still graces this historic square today.
Architectural Significance
The design process for what would become the new face of Banco de Portugal took over two years before construction began in 1929 under architect Moura Coutinho’s supervision. His vision resulted in an imposing structure featuring elements characteristic to early twentieth-century Portuguese architecture like symmetry and grandeur.
This three-storey building exhibits a symmetrical façade dominated by large arched windows on both floors above ground level; these are flanked by smaller rectangular windows adding depth to the overall visual aesthetic. Atop each window sits intricate stone carvings enhancing their prominence against bare white walls adorned only with green shutters – color representative not just for Bank but also for Braga itself!
A Tour Inside
Stepping inside, visitors are greeted by a stunning interior that seamlessly blends the old with the new. The ground floor consists of a spacious banking hall, where original wooden counters and desks still stand as silent witnesses to countless financial transactions from days gone by.
The upper floors house administrative offices; however, they also contain several rooms dedicated to showcasing Banco de Portugal’s history in Braga. Here you can find an array of artifacts including antique currency notes and coins, vintage photographs documenting the bank’s evolution over time along with other memorabilia providing valuable insights into Portugal’s economic past.
Today’s Role
While it no longer serves its original purpose as a banking institution due to restructuring efforts initiated in 2014 by Bank of Portugal aiming for centralization in Lisbon; this historic building hasn’t lost any of its charm or significance. Today it stands not just as an architectural gem but also functions as an important cultural center hosting various exhibitions and events throughout year – further testament to Braga’s rich historical tapestry!
A Must-Visit Landmark
Banco de Portugal is more than just another beautiful building in Braga – it is a symbol of the city’s storied past and vibrant present. Its impressive architecture alone makes it worth visiting, but when combined with its fascinating history and ongoing role within community – you have all ingredients necessary for truly memorable experience!
If you’re planning on exploring northern Portugal anytime soon then make sure not to miss out on this hidden gem nestled amidst cobbled streets lined with quaint shops and cafes serving delicious local delicacies. A visit here will undoubtedly enrich your understanding about Portuguese culture while offering plenty photo opportunities against picturesque backdrop that is Banco de Portugal at Largo do Pópulo square!
Frequently asked questions
Where is the Banco de Portugal located in Braga?
The Banco de Portugal branch in Braga is centrally located at Avenida Central 123, 4710-228 Braga. It’s easily accessible from various parts of the city and close to several public transport links.
What are the opening hours of Banco de Portugal in Braga?
Banco de Portugal’s offices typically operate from Monday to Friday, excluding public holidays. However, it’s recommended that visitors check the official website or contact the bank directly for specific opening hours as these can vary depending on certain factors like national holidays or exceptional circumstances.
What services does Banco de Portugal offer at its Braga location?
The Banco de Portugal offers a variety of banking services including deposits, loans, foreign exchange services and more. Additionally, they provide economic studies and financial stability reports pertaining to Portuguese economy. They also play an important role in managing national debt and supervising other banks operating within their jurisdiction.
Can I open an account with Banco De Portugal if I am not a resident of Portugal?
In general terms yes you can open a bank account even if you’re not a resident of Portugal but there may be additional requirements compared with residents. For example: proof of your address abroad or details about your tax situation might be required among others things which could vary case by case basis so it would be advisable to contact them directly for detailed information.
Does this branch have historical significance?
Banco de Portugal has been serving as country’s central bank since its establishment back in 1846 making it one of oldest institutions still functioning today though whether this particular branch holds any special historical significance isn’t widely documented however being part such long-standing institution itself carries some inherent historic value.
