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Banking services, regulations, and financial products in Portugal.

A Millennium bcp bank branch with its red sign on a Portuguese street, with cars and a delivery van parked outside in the sun

Millennium bcp Signals Institutional Buyers Are Waiting Should Fosun Sell Its Stake

After its latest results, Millennium bcp says big institutional investors would be ready to step in if its Chinese shareholder Fosun sells. Valued at around 16 billion euros, the bank has drawn raised price targets and talk of the state fund and Ageas.

The Portugal Brief 12 Aug 2026

A grand stone Caixa Geral de Depositos bank building in Porto, Portugal, with the bank's name and 'Republica Portuguesa' carved across its facade beneath a domed corner tower

Ten Months After Promising a New Bank Tax, the Government Has Delivered Nothing — and Won't Say Why

Ten months after Finance Minister Miranda Sarmento promised a new, constitutionally sound tax on Portugal's banks, no draft has appeared and the government won't explain the delay — even as the sector posts record profits above 5 billion euros.

The Portugal Brief 10 Aug 2026

Nine Years On, CGD Finds a Buyer for Its Brazil Bank, Closing an EU-Ordered Exit

State-owned Caixa Geral de Depósitos has found a buyer for its Brazilian subsidiary, selling Banco Caixa Geral — Brasil to newly formed MD Capital. The disposal, ordered by Brussels in 2016 as a condition of CGD's €3.9bn recapitalisation, completes a sale attempted twice before and is expected to cl

The Portugal Brief 30 Jul 2026

Revolut Counts 2.3 Million Portuguese Clients and Claims Third-Largest-Bank Status While Record Deposits Draw the State's New Treasury Certificates Into the Fight for Savers

Revolut Counts 2.3 Million Portuguese Clients and Claims Third-Largest-Bank Status While Record Deposits Draw the State's New Treasury Certificates Into the Fight for Savers

The British fintech now says it is the country's third-largest bank, and it is arriving at the exact moment Portuguese households have parked more money than ever in low-yielding deposits.

The Portugal Brief 27 Jul 2026

The facade of the Banco de Portugal headquarters building on a Lisbon street under a blue sky

From 1 August the Bank of Portugal Caps Household Loan Repayments at 45% of Net Income, Narrowing the Door for New Borrowers

From 1 August the Bank of Portugal cuts the cap on household debt repayments from 50% to 45% of net monthly income for new loan assessments. A household earning €2,000 a month sees its maximum repayment fall from €1,000 to about €900, shrinking how much the banks will lend.

The Portugal Brief 27 Jul 2026

The grand neoclassical stone facade of the Banco de Portugal (Bank of Portugal) building, with 'BANCO DE PORTUGAL' carved across the entablature and bronze statues on the roofline

Benfica President Rui Costa's Property Company Appears on the Bank of Portugal's Credit-Default Register Over a €15.3 Million Loan

A real-estate firm controlled by Benfica president Rui Costa has appeared on the Bank of Portugal's credit-default register over an unpaid €15.3M Banco Montepio loan. Despite a €670k 2025 profit, 10 Invest ended the year with €536.25 in cash — its wealth locked in unsold flats at its Oeiras 'Dream L

The Portugal Brief 26 Jul 2026

The ornate Banco de Portugal building illuminated at night in Porto, Portugal, its classical stone facade lit gold against a dark sky

Portuguese Households' Financial Wealth Doubles to €402 Billion, but Nearly Half Still Sits in Low-Yield Deposits

Bank of Portugal financial accounts show household financial assets reached about €402 billion in 2025, more than double the 2005 figure. Yet deposits and savings certificates still make up 44% of that wealth, even as household debt falls to 63% of GDP.

The Portugal Brief 24 Jul 2026

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