Bank of Portugal

The International Monetary Fund (IMF) painted a more rosy picture than the government’s for Portugal’s economic performance this year, predicting an 0.5% surplus with continuing modest surpluses [...]

Portugal’s Judicial Police (PJ) has conducted swoop and search activities at the country’s central bank and several State organisations over “suspected corruption crimes”. At issue are acts that [...]

The Bank of Portugal has estimated that the current adverse international economic scenario and the impact of the ongoing US tariff wars could wipe 1.1% off Portugal’s economy over the next three [...]

Debt from the Portuguese State, companies and households increased by €17Bn in 2024, to €814.1Bn, according to data released this Friday by the Bank of Portugal. Of this total, €454.6Bn relate to [...]

If State-owned  bank Caixa Geral de Depósitos buys Novobanco it could have systemic consequences for Portugal’s banking and financial sector warns the Governor of the Bank of Portugal, Mário [...]

The Banco de España and the Banco de Portugal held a bilateral meeting at the headquarters of the Spanish central bank in Madrid on Thursday, with the aim of strengthening relations between the [...]

Portugal’s banking sector, represented by the Portuguese Banking Association (APB), says it is against a proposed social security levy on company profits. The Portuguese government’s [...]

The Bank of Portugal has announced today (Friday, January 3) that it does not have the required national legal regulations to receive and analyse applications from companies wanting to provide [...]

Portugal’s banking system continued to do well throughout 2024 according to the most recent data released on Thursday by the Bank of Portugal for the third quarter of 2024. The [...]

The Governor of the Bank of Portugal, Mário Centeno, has renewed his call on the banks to increase their capital cushion in case of a rainy day after the sector posted another year of bumper [...]