LISBON--Portugal's Novo Banco SA, the lender created from the collapsed Banco Espírito Santo SA, on Wednesday reported assets of over 72 billion euros ($88.6 billion) and a capital cushion above the regulatory requirement, as it gets ready for its sale next year.

Novo Banco kept the "good" assets, including loans and deposits, of Banco Espírito Santo, which had to be broken up and bailed out in August following heavy losses from its exposure to its troubled parent. Under the bailout, Novo Banco received a capital injection of 4.9 billion euros from a domestic resolution fund, which included money from both the state and other domestic banks. The plan is to sell the lender so the fund can get its money back.

In a first step toward that sale, Novo Banco presented details of its balance sheet on Wednesday. It reported a Common Equity Tier I of 9.2%, deposits of 25.1 billion euros and a credit portfolio of 43.8 billion euros, of which 72% were loans to companies. It reported credit at risk of default of 13.8% from the total portfolio.

A sovereign-debt crisis that forced Portugal into a bailout in 2011 has led to a sharp increase in unemployment. While the economy is improving, the jobless rate remains high, above 13%.

In a separate statement, Portugal's central bank said an independent evaluation into the balance sheet at the time of Novo Banco's creation has resulted in additional impairment charges of 2.75 billion euros related to an investment in its bank in Angola, 1.2 billion euros over bad loans and 759 million euros from the re-evaluation of real-estate assets.

Bank of Portugal Governor Carlos Costa has said binding offers for Novo Banco are due in the middle of the second quarter next year.

The chief executive of Spain's Banco Santander SA said last month that the bank would look at buying opportunities in Portugal, where it already owns a lender. In Portugal, Banco BPI SA has also said it could be interested in Novo Banco.

Banco Espírito Santo's collapse has been the biggest in Portugal's history.

Its troubles started in May, when it disclosed that an audit ordered by the Portuguese central bank found irregularities in the accounts of its parent, Espírito Santo International SA. The conglomerate and some of its units have filed for bankruptcy.

Banco Espírito Santo's exposure to the conglomerate triggered a first-half loss of 3.6 billion euros, which ate up a considerable part of the lender's capital, spurring its rescue. About 1.3 billion euros of that loss came from what the Bank of Portugal described as a fraudulent funding scheme between companies within the Espírito Santo empire.

The toxic assets of the lender--its exposure to souring loans and securities from its troubled parent, plus some operations abroad, including those in Libya, Miami and Angola--have been transferred to a "bad bank," which is being run by a team appointed by the Bank of Portugal.

Write to Patricia Kowsmann at patricia.kowsmann@wsj.com

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