Portuguese judicial police officers swooped on Novobanco headquarters while the actual contract signing ceremony was being held at the Ministry of Finances on Wednesday celebrating the bank’s [...]
Santander Portugal (formerly Totta), posted profits of €728.1 million to September, down 6.4% on the same period last year, hammered by a fall in interest rates. The financial margin, which [...]
Bank house valuations soared to a new record of around €2,000 per square metre – increasing for the 22nd consecutive month according to data from the National Statistics Institute (INE). It [...]
The Polish bank Millennium controlled by BPC, closed the first nine months of 2025 with profits of 855 million zlótis (€202 million), a 56% increase on the 547 million zlótis (€127 million) [...]
Investment funds in Portugal attracted around €3Bn between January and September 2025. These collective investment vehicles have been attracting family savings and broadening their offer of new [...]
Text: Chris Graeme; Photos: BPF/Fernando Bento (ICPT) Nine months ago, when management executive Gonçalo Regalado took up the gauntlet to run Portugal’s sovereign development bank Banco Português [...]
The government is to receive €1.7Bn from the sale of Novobanco – at least going a small way towards compensating the estimated €8Bn that the banking sector and tax payers had forked out to [...]
Portugal’s new governor of its central bank, after saying he wouldn’t’ be expressing political opinions, did exactly that in his first public speech since taking office on Friday last week. [...]
Digiital bank BNI Europa has a new potential buyer – a Spanish bank rumored from non-confirmed sources to be Caja da Extremadura with an agreement likely to be announced shortly. The Bank [...]
Banco BPI today assigned a mandate to a group of banks to issue 500 million euros (no-grow) at 5.5 years, according to Jornal Económico. The bank led by João Pedro Olivera e Costa mandated [...]