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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]