BCP

The Chinese conglomerate Fosun could theoretically sell some or all of its 20.45% stake in the Portuguese bank Millennium BCP. The group has invested around €700 million in BCP over the past ten [...]

The Bank of Portugal is to tighten the criteria for mortgage applications to avoid banks making risky home loans where mortgage repayments eat up 50% of family incomes. The state’s [...]

A legal case brought by Portuguese bank BCP in 2017 against the architects of the model of sale for Novobanco to US equities fund Lone Star will continue in the courts despite the fact that [...]

Portugal’s banking sector has rejected criticisms from the country’s Minister of the Economy that banks are being so overly cautious in granting corporate loans that it is harming the economy. [...]

It’s good news for one of Portugal’s main high street clearing banks, Millennium bcp, which has not only posted a healthy 1H profit, but also has become the fourth major listed company on the [...]

Portugal’s Banco Comercial Português (BPC) has issued €500 million in preferential senior securities (Minimum Requirement for own funds and Eligible Liabilities). The bank, recognised by [...]

Portugal’s high street bank BCP has spent €110 million on a share buyback programme, acquiring 182,927,697 shares worth 1.21% of its capital. In a note sent to the Portuguese securities market [...]

Portugal’s main banks CGD, BCP, Novobanco, Santander, BPI and Banco Montepio posted combined net profits of €1.2Bn in the first quarter of 2025. The result was in line with the profits they made [...]

The CEO of one of Portugal’s largest high-street banks, Millennium BCP, continues to remain tight-lipped as to whether the bank will make a bid to buy rival bank Novobanco. However, Miguel Maya [...]

Portugal’s bank BCP is expected to post record profits of around €879 million today. (Wednesday, February 26). The bank’s shares saw share values soar 76.5% (including dividends) last year, not [...]