Banks

The European Parliament has flagged up Portugal’s former central bank governor, Mário Centeno and Latvia economist Mārtiņš Kazāks as preferred front runners for the vice-presidency of the [...]

Novo Banco has withheld about €1 billion from Venezuelan companies – money that was blocked to Venezuelan public companies in 2019, ​Expresso revealed this Friday.  Some €300 million has [...]

Portugal’s ex-director of taxes, José Azevedo Pereira, who was until recently CEO of Eurobic, has been appointed to lead the country’s mutualist bank Montepio. It means that current CEO, Pedro [...]

Since Lissele Pratt, co-founded Capitalixe – a fintech advisory providing payment solutions, banking services, and foreign exchange for high-risk and international businesses – in [...]

BCP’s Bank Millennium in Poland set aside an estimated €115 million in provisions for the fourth quarter of 2025 for legal risks associated with mortgage loans. According to a communiqué sent to [...]

This year marked the 100th anniversary of Portugal’s biggest financial scandal that almost broke the Bank of Portugal. Just how did small-time con man Artur Alves dos Reis pull off an audacious [...]

Virgílio Lima has had his term in front of the mutual association Montepio renewed for the period 2026-2029. The decision was made at a board meeting on Friday. It means that he will once again [...]

The French bank BNP Paribas, which has been in Portugal for 40 years, has launched a foundation to “give back to a country that has contributed so much to the BNP Group Paribas” and today is a [...]

The European Commission approved the sale of Portugal’s Novobanco to the French banking group BPCE, the second largest banking group in France which will now be the sole shareholder of Portugal’s [...]

Portuguese companies are more pessimistic regarding the evolution of the economy than companies in other European countries and think that the barriers to investment in Portugal continue to be [...]