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 [...]
The banker and former part-owner of the Banco Espírito Santo empire, José Maria Ricciardi says he is not surprised by the guilty verdict of former BES boss Ricardo Salgado for three crimes of [...]
The Portuguese economy should grow at a faster rate than the other Euro Zone countries and that will benefit Lisbon’s stock market Euronext Lisbon. The PSI-20 Index of listed companies has the [...]
State-owned bank Caixa Geral de Deposits has paid out €712.6 million in dividends to the Portuguese State – the biggest payout in its history. The payout corresponded to €351 million in [...]
Portugal’s high street bank BCP has gone to the bonds market with a €500 million securities issue. It will be the first operation to put new bonds on the market since BCP recovered its investment [...]
