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        Bank of Portugal

         Bank of Portugal profits at €508M
        0
        By Christopher Graeme
        In Bank of Portugal, News
        Posted 18 Maio, 2022

        Bank of Portugal profits at €508M

        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 [...]

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         New mortgage rules for 30s age group
        0
        By Christopher Graeme
        In Bank of Portugal, Mortgage lending, News
        Posted 1 Abril, 2022

        New mortgage rules for 30s age group

        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 [...]

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         BoP – not many targets to sanction in Portugal
        0
        By Christopher Graeme
        In Bank of Portugal, News
        Posted 9 Março, 2022

        BoP – not many targets to sanction in Portugal

        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 [...]

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         Mário Centeno warns of stagflation in Europe
        0
        By Christopher Graeme
        In Bank of Portugal, Economy, News
        Posted 1 Março, 2022

        Mário Centeno warns of stagflation in Europe

        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 [...]

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         Portugal back on track on debt
        0
        By Christopher Graeme
        In Bank of Portugal, News
        Posted 1 Fevereiro, 2022

        Portugal back on track on debt

        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 [...]

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         BoP anti-money laundering project
        0
        By Christopher Graeme
        In Bank of Portugal, News
        Posted 28 Janeiro, 2022

        BoP anti-money laundering project

        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 [...]

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         Bank of Portugal to create contact group to debate digital euro and cryptocurrencies
        0
        By Christopher Graeme
        In Bank of Portugal, Cryptocurrencies, Digital economy, News
        Posted 3 Dezembro, 2021

        Bank of Portugal to create contact group to debate digital euro and cryptocurrencies

        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 [...]

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