Bank of Portugal

House prices in Portugal have shot up by 83% in real terms between the start of 2013 and the end of 2023 – an amount above Spain’s 23% for the same period according to a study published in [...]

The insurer Generali Tranquilidade is finalising its purchase of a share in the Portuguese banking services company Banco CTT. According to business daily Negócios, the deal should be signed [...]

Authorities should have stepped in quicker over GES problems says banker – and refuses to discuss €100 million loan to ESI The Chairman of bank BPI, Fernando Ulrich, called the loss of [...]

Portugal’s non-financial sector debt has hit €810.8Bn. Private companies and households accounted for the majority of this indebtedness, in the order of €451.7Bn. The debt grew by €1.3 in August [...]

Portugal’s central bank, the Bank of Portugal, is in discussions with the insurance company Fidelidade over the building of its new headquarters on plots of land once occupied by the city’s [...]

From January 2026 Portugal’s banks will have to collectively set aside an extra €1Bn in reserves to meet current regulatory conditions. The decision, the banks say, could hamper their ability to [...]

The continuing high price of gold is having a positive impact on the value of Portugal’s 383 tonnes of gold reserves – they are gaining in value by €25 million per day. Portugal’s gold [...]

The Bank of Portugal is looking into the possibility of charges levied on MB Way transfers and their respective impacts on consumers. It comes after the consumer watchdog Deco warned of the risk [...]

The Bank of Portugal expects that from January next year banks will no longer be charging customers for bank transfers. It has to do with a new EU regulation that will come into force on 9 [...]

The Resolution Fund set up to provide liquidity to Novobanco in the wake of the collapse of Banco Espírito Santo in 2014, recently invested €128.67 million to acquire 4.14% of the capital of [...]