Banks

Portuguese bankers believe that ex-governor of the Bank of Portugal and former Finances minister Mário Centeno would be a good choice for the position of Vice President of the European Central [...]

Some of Portugal’s most influential bankers were divided over the issue of granting 100% mortgages to the countries’ families and young people. The bankers from Santander, Caixa Geral de [...]

Portugal’s Minister of Finances has issued a stark warning to Portugal’s banking sector to rely on new business models and not the economy in order to remain relevant and competitive in a [...]

Portugal’s State-owned bank Caixa Geral de Depósitos enjoyed a record result of €1.4Bn for the first three-quarters of the year. The net profit was up 2% on the same period last year, although [...]

Portugal’s stock market commission, CMVM has issued a warning against FNBC – also known as Seven Bank – which is not qualified to carry out any activities as a financial intermediary [...]

In the first nine months of the year, Portugal’s high street bank BPI saw profits tumble by 5% to €362 million in Portugal with its Angolan operations making profits but its Mozambique results [...]

Novobanco closed the first nine months of the year with net profits of €610 million, up €100 million on the same period in 2024. But the bank’s financial margins shrank by 6.5% to €829 million, [...]

Portugal’s development bank Banco Português de Fomento (BPF) is continuing its focus on accelerating the concession of State-backed loans underwritten by cash from Portugal’s Recovery & [...]

When the Banco Espírito Santo (BES) led by Ricardo Salgado ignominiously collapsed in 2014, leaving its major French investor Crédit Agricole with nothing, few could have imagined that its [...]

The CEO of Portugal’s high street bank BPI, João Pedro Oliveira e Costa, has put a damper on last weeks Novobanco sale contract celebrations by challenging that the Portuguese State had forked [...]