Development banks

Directors at Portugal’s development bank, Banco de Fomento, have taken up non-salaried positions as executive directors at SOFID. SOFID is a Portuguese financial development institution whose [...]

Investments foreseen for the Banco Português de Fomento’s (BPF) Strategic Recapitalisation Programme have fallen 10% on what had been expected at the start of November. Several companies have [...]

The Portuguese venture capital company Lince Capital has slapped a lawsuit on Portugal’s State-owned development bank Banco de Fomento demanding over €1 million in damages. Online news source ECO [...]

Eurostat, the statistical office of the European Union (EU), may try and remove the independence from Portugal’s development bank Banco de Fomento (BPF). The bank, which has had a leading role in [...]

The top brass at Portuguese development bank Banco de Fomento is to remodel the institution that is charged with disbursing EUNextGen/RRP funds in Portugal and injects money into promising [...]

Portugal’s development bank Banco de Fomento has banned venture capital companies from buying company shareholdings on the back of the Programa Consolidar (Consolidate Programme – one of [...]

Portugal’s Banco de Fomento (BPF) has appointed Hugo Roxa as its executive director to replace Tiago Simões de Almeida who resigned this week. “We are beginning a fit and proper process with the [...]

The Portuguese Association of Civil Construction and Public Works Industries AICCOPN has rejected the Government’s More Housing package saying it will make the tax regime for the real estate [...]

Court orders suspension of bank programme A programme involving the management of €500 million in funds destined for SMEs – ‘Programa Consolidar’ (Consolidate Programme) – [...]

The Portuguese public investment bank, Banco de Fomento has launched a public consultation for two new co-investment programmes for SMEs with an amount of €475 million. The BPF invites companies [...]