Banks

Portugal’s banking sector is not exactly known for placing women in high places, but that looks set to change with the expected announcement that Isabel Guerreiro is tipped to succeed Pedro [...]

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 [...]