Portugal’s public bank Caixa Geral de Depósitos has made The Banker’s TOP 1000 World Banks list for the second year running — the only Portuguese bank to do so. It made it to the list because of [...]
Portugal’s development bank Banco de Fomento has approved the disbursement of €956.5 million in financing operations on the back of the Capitalisation and Resilience Fund. The CRF fund was [...]
Bank BCP has placed a portfolio of Non-Performing Loans (NPLs) on the market for €65 million according to the online news source ECO. The bank, led by Miguel Maya, placed the portfolio, which [...]
The top brass at Portuguese development bank Banco de Fomento is to remodel the institution that is charged with disbursing EUNextGen/RRP funds in Portugal and injects money into promising [...]
Demand for the latest issue of Santander securities, which were launched on Monday, was so high demand outstripped supply by 50%. Santander has issued covered bonds worth €850 million that were [...]
A Portuguese bank has warned that the country’s property boom, which has lasted for the past eight years, could be coming to an end. Novobanco, led by Mark Bourke, has predicted that the current [...]
After losing around €6Bn in deposits since the start of the year, much of which was invested in government savings bonds that offered higher rates of interest, Portugal’s banks recovered family [...]
The Oriente Foundation has reached an agreement with the Chinese financial institution Vcredit to sell 100% of Banco Português de Gestão (BPG) for more than €20 million. At present, the two [...]
Portugal’s mutual bank Banco Montepio announced today (Monday, August 28) that it has “successfully completed” the sale of the stake it still retained (29.22%) in Finibanco Angola in the Nigerian [...]
The Banco Luso-Brasileiro (BLP) saw first half profits up by over 47% after suffering accumulated losses of €20 million since 2012. The private bank controlled by one of Portugal’s richest [...]
