Portugal’s bank BPI posted profits of €390 million to September – an increase of 35% like-for-like on 2022. (€289 million) The bank’s national activities contributed with €324 million, up [...]
Portugal’s mutual bank Banco Montepio has finalised conditions to issue preferential senior debt bonds worth €200 million with a 3-year maturity and a 10% coupon in the first two years — one of [...]
Portugal’s public bank Caixa Geral de Depósitos is to pay €160 million for its new headquarters at Parque das Nações. The bank is closing the purchase of the WellBe building that had also [...]
The Spanish bank Abanca says it is prepared to up its offer to buy 57% of the Portuguese bank EuroBic for €300 million. ThIs is according to Jornal Económico that quoted a shareholding source at [...]
Caixa Geral de Depósitos, Montepio and Lx Partners have put up €4.6Bn of Non-Performing Loans for sale. CGD is selling its portfolio Pluto with €150 million of assets, Banco Montepio has the [...]
Despite ongoing uncertainties in its shareholding structure, the Portuguese bank Eurobic is set for a year of record financial results after the institution doubled its profits for the first half [...]
Portugal’s banks will ask the sector regulator to be more flexible on the maximum terms on mortgage lengths in cases where mortgage contracts have been rescheduled to help families in [...]
Portugal’s mutualist bank Banco Montepio has hired financial institutions to set up meetings with institutional investors to sound out a possible €300 million bond issue. The banks are Crédit [...]
The US venture capital fund Lone Star says it is not in discussions with other banks to sell Novobanco. The reaction was made after a Spanish newspaper had reported that it is in informal [...]
The US venture capital and asset management fund Lone Star has put a €2Bn price tag for the sale of its 75% share in Novobanco. According to the Spanish media outlet Vozpópuli, the bank has [...]
