The Bank of Portugal obtained a net result of €508 million in 2021, down €27 million on 2020. The result allowed some €406 million in dividends to be distributed to the State. Taking into [...]
The Bank of Portugal has tightened up access to mortgages for those who are in their 30s. From today (Friday, 1 April) new recommendations come into force regarding the maximum age limit for new [...]
The Bank of Portugal says that it has only identified a “very reduced number” of people and entities which have bank accounts in Portugal which have been sanctioned over the war in Ukraine. In [...]
Portugal’s Governor of the Bank of Portugal, Mário Centeno has admitted that the Euro Zone could face a period of stagflation and high interest rates as a result of the invasion of Ukraine. Mário [...]
The Bank of Portugal has confirmed that since 2021 its efforts to reduce Portugal’s public debt — interrupted by the pandemic — are back on track. Portugal’s public debt fell by 7.7 percentage [...]
The Bank of Portugal has put a project on preventing capital laundering and financing terrorism up for public consultation. The aim of the project is to “condense the applicable regulations on [...]
The Bank of Portugal (BdP) is to create a “contact group” to debate the cryptocurrencies phenomenon and the future issue of a digital euro. The project is currently under discussion at the [...]