The former minister of the Economy, Pedro Siza Vieira has blamed teething problems at Portugal’s development bank Banco Português de Fomento (BFP) on insufficient funds from Portugal’s Recovery [...]

Mário Ferreira, the Portuguese business tycoon who owns the Pluris Investments Group, has decided not to advance with a €40 million loan from Portugal’s development bank Banco Português de [...]

The Director of Compliance at Portugal’s development bank Banco Português de Fomento, João Martins, put in a formal notice of resignation at the start of June. According to ECO, he did so on the [...]

Portugal’s Mutual Guarantee System has posted losses of €207 million according to the financial report for 2020 published by its development bank Banco Português de Fomento. However, the [...]