Novo Banco has decided to pull out of Spain after six years of losses totalling €450 million. Novo Banco has decided to pull out of Spain after six years of losses totalling €450 million. António [...]

The Portuguese venture capital company Indico Capital has led a €2.6 million seed investment round in Zenklub, an online emotional health and well-being platform. Apart from Indico, the startup [...]

The Belgian fintech company Loyaltek is looking for a country manager after announcing its decision to enter the Portuguese market. The company has a product offer which aims to relaunch [...]

The UK brokers specialising in Contract for Difference (CFDs) derivatives, Infinox, founded in 2009 by Robert Berkeley, has announced its entry into the Portuguese market by opening an office in [...]

The interest paid on term deposits at banks have suffered a new historic low in Portugal, paying out just 0.13%. The interest rates on new savings products attained the new historic minimum in [...]

Poul Thompson, who headed the International Monetary Fund delegation in Portugal during the bailout crisis in which Portugal borrowed €78Bn to finance the government from 2011, has praised [...]

Magazine The Banker has elected the Portuguese Finance Minister Mário Centeno the Best Finance Minister in Europe 2018. The distinction was made by the publication which belongs to the Financial [...]

Portuguese bank BPI has knocked Santander Totta off its top spot as Portugal’s best bank, according to the international banking and finance magazine Euromoney. The bank has been recognised for [...]

The Portuguese State has managed to recover €180 million from Operation Hurricane, one of the longest fraud cases in Portugal’s history. The investigation, dedicated to tax and financial fraud, [...]

Portugal’s deficit, currently at 1.1%, of GDP, could fall to 0% by the end of the year. The Ministry of Finance has yet to confirm or deny that it will review budget deficit target for 2018 on 15 [...]