Caixa Geral de Depósitos (CGD) has gone to the market to float a €500 million “green” debt bond. The bank, led by Paulo Macedo, seeks to place bonds with a six-year maturity, which [...]
Portugal’s largest bank, the State-owned Caixa Geral de Depósitos, which was founded in 1876, is to move to its new premises later this year. The bank, which employs 2,500, currently is [...]
The sale of State bank CGD’s share of CGD Brazil is entering a second phase in which four interested parties will be invited to continue the competition. A source familiar with the process has [...]
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. [...]
Portugal’s State-owned bank, Caixa Geral de Depósitos is considering increasing its shareholding in one of Portugal’s largest insurers, Fidelidade. The public bank sold the insurer to the Chinese [...]
Portugal ’s public bank Caixa Geral de Depósitos expects to complete the sale of Cape Verde’s Banco Comercial do Atlântico (BCA) in January next year. The bank informed, in a statement to the [...]
The CEO of Portugal’s largest clearing bank, the publicly-owned Caixa Geral de Depósitos (CGD), Paulo Macedo commenting on the theme ‘Portuguese Investment Outlook in Perspective’ and the [...]
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 [...]
The government has approved a €16.5 million interior refit and refurbishment of one of Lisbon’s most iconic buildings which for years has served as the headquarters of the State-owned bank Caixa [...]
Caixa Geral de Depósitos (CGD) closed the first half of 2025 with a net profit of €893 million, up €4 million on the same period in 2024. The profits made corresponded to a gain of almost [...]