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        Bank of Portugal

         Banks against social security levy on company profits
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        By Christopher Graeme
        In Bank of Portugal, Banks, Social Security, Social welfare, Tax
        Posted 10 Janeiro, 2025

        Banks against social security levy on company profits

        Portugal’s banking sector, represented by the Portuguese Banking Association (APB), says it is against a proposed social security levy on company profits. The Portuguese government’s [...]

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         Bank of Portugal not qualified to evaluate crypto-asset services
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        By Christopher Graeme
        In Bank of Portugal, Cryptocurrencies, News
        Posted 3 Janeiro, 2025

        Bank of Portugal not qualified to evaluate crypto-asset services

        The Bank of Portugal has announced today (Friday, January 3) that it does not have the required national legal regulations to receive and analyse applications from companies wanting to provide [...]

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        0
        By Christopher Graeme
        In Bank of Portugal, Banks, News
        Posted 30 Dezembro, 2024

        Profitability of Portugal’s banks up 16.1% in 3Q

        Portugal’s banking system continued to do well throughout 2024 according to the most recent data released on Thursday by the Bank of Portugal for the third quarter of 2024. The [...]

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        By Christopher Graeme
        In Bank of Portugal, Bankers, Banks, News
        Posted 27 Novembro, 2024

        Banks must beef up financial buffers

        The Governor of the Bank of Portugal, Mário Centeno, has renewed his call on the banks to increase their capital cushion in case of a rainy day after the sector posted another year of bumper [...]

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        0
        By Christopher Graeme
        In Bank of Portugal, Bankers, Elections, News
        Posted 27 Novembro, 2024

        Mário Centeno could run for Belém

        The Governor of the Bank of Portugal, Mário Centeno has not ruled out running for the presidency of Portugal in January, 2026. In an interview with celebrity CNN business journalist, Richard [...]

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        0
        By Christopher Graeme
        In Bank of Portugal, House prices, Housing market, News
        Posted 15 Novembro, 2024

        House prices in Portugal have been overvalued for six years

        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 [...]

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        0
        By Christopher Graeme
        In Bank of Portugal, Banks, CTT Correios, Insurance, News
        Posted 6 Novembro, 2024

        Generali days away from taking share in Banco CTT

        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 [...]

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        0
        By Christopher Graeme
        In Bank of Portugal, Bankers, Bankruptcy and liquidation, Banks, BES GES, Justice, News
        Posted 4 Novembro, 2024

        Authorities should have stepped in quicker over GES problems says banker – and refuses to discuss €100 million loan to ESI

        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 [...]

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        0
        By Christopher Graeme
        In Bank of Portugal, News, Private debt
        Posted 24 Outubro, 2024

        Non-financial sector debt grows by €1.3Bn

        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 [...]

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        0
        By Christopher Graeme
        In Bank of Portugal, Commercial Real Estate, Development, News
        Posted 17 Outubro, 2024

        Bank of Portugal to build new HQ at Entrecampos in Lisbon

        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 [...]

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        • Portugal a great country to relocate, live and invest concludes panel at American Chamber of Commerce conference on US investment in Portugal
          Portugal a great country to relocate, live and invest concludes panel at American Chamber of Commerce conference on US investment in Portugal
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