Bankers

Falling interest rates will reflect on Portugal’s banking sector resulting in lower profits in 2025 than have been the case over the past four years. Nevertheless, profits will continue to be [...]

The Spanish banking group Santander has shown interest in the possibility of growing through acquisitions in the Portuguese market. However, according to Alantra Partners, the bank does not have [...]

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 [...]

The profits from Portugal’s main five banks could result in dividends of nearly €3Bn, exceeding the €2.4Bn paid out in 2023 according to a back-of-the-envelope calculation by business daily [...]

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 [...]

In the week that the Portuguese Association of Banks (APB) celebrates its 40th anniversary, and the former chairman of failed Banco Espírito Santo, Ricardo Salgado is being tried for fraud, [...]

One of the biggest and most media sensational trials of the past 10 years in Portugal into the collapse of the Banco Espírito Santo banking empire opened in Lisbon yesterday. The most infamous of [...]

This year marks 10 years since the collapse of the Banco Espírito Santo banking empire. David Sampson reflects on what went wrong with Portugal’s once most respected banking group. In 2006, [...]

José Guilherme, the Amadora builder and close friend of the former president of the Espírito Santo Group, Ricardo Salgado, has died at the age of 85. Guilherme became famous or infamous for his [...]