The Portuguese bank Caixa Geral de Depósitos has won the award for ‘Best Digital Assistant’ at this year’s Banking Tech Awards. The awards highlight the best technology solutions in the banking [...]
Banco Efisa, which has been managed by the State vehicle Parparticipadas since 2008 following the nationalisation of BPN, is officially being wound up. Says Expresso, the State injected €90 [...]
The governor of the Bank of Portugal, Mário Centeno, says consolidation in Portugal’s banking sector is “inevitable”. In an interview with Reuters, Mário Centeno said that the recent progress [...]
The allegations in a bombshell book recounting the memoirs of former governor of the Bank of Portugal, Carlos Costa, has ignited debate on just how far a government should bring pressure to bear [...]
The former Portuguese Minister of Finance, Fernando Teixeira dos Santos has defended ex-Governor of the Bank of Portugal, Carlos Costa over details in an explosive memoir about his 10 years [...]
Portugal’s Prime Minister António Costa and a former governor of the Bank of Portugal have exchanged legal threats over the postponed publication of a tell-all book. António Costa has labelled [...]
State bank Caixa Geral de Depósitos posted a €692 million profit for the first nine months of the year, up 61% on the same period last year, and expects to pay out the biggest dividend to the [...]
In the first nine months of the year BPI saw profits increase by 18% to €286 million, a 7% increase in lending and a 8% in deposits. BPI CEO, João Pedro Oliveira e Costa said that: “Activity in [...]
Novobanco has closed the first nine months of the year with profits of €428.2 million, up 178% like-for-like on 2021. Trebling its profit, it is the bet result so far from any bank in Portugal [...]
Bank BCP closed the first nine months of the year with profits of €97.2 million. The result was a 63% increase like-for-like on 2021 despite difficult results from the group’s Polish operations [...]
