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banking

Banking services, regulations, and financial products in Portugal.

Rothschild Mandate Lands at CTT a Week Before Guy Pacheco Takes Over — Strategic-Options Review for the €270M Postal Bank Tested Against a Cooling Iberian M&A Tape

Rothschild Mandate Lands at CTT a Week Before Guy Pacheco Takes Over — Strategic-Options Review for the €270M Postal Bank Tested Against a Cooling Iberian M&A Tape

CTT contracted Rothschild on 24 April to study options for Banco CTT — including a possible sale. Bankinter ruled itself out on 23 April. The bank, valued at €270M end-2023, just raised €60M at 4.25%. CEO João Bento exits at month-end.

Three Banks Capture 73% of Lisbon's €750M Youth-Mortgage Reinforcement — BPI, BCP and Santander Take the Bulk as Public Guarantee Total Pushes Past €2.3bn

Three Banks Capture 73% of Lisbon's €750M Youth-Mortgage Reinforcement — BPI, BCP and Santander Take the Bulk as Public Guarantee Total Pushes Past €2.3bn

The despacho is dated 20 April 2026, signed by Finance Minister Joaquim Miranda Sarmento, and gazetted in the Diário da República on Saturday, 25 April. It injects €750 million into the public guarantee that lets Portuguese under-35s borrow up to...

Arco da Rua Augusta at Praça do Comércio, Lisbon — historic heart of the city's banking district

Finance Minister Confirms Novo Banco Closes With BPCE on 30 April — Final Price Tops €6.4 Billion as State and Resolution Fund Cash Out Above the Original €1.6 Billion Target

Finance Minister Miranda Sarmento confirmed on 23 April that BPCE's takeover of Novo Banco closes next week — General Assembly 29 April, share transfer 30 April. Price moves above the €6.4bn signed in June 2025; Lone Star exits with more than €4.8bn against its 2017 €1bn injection.

Banco de Portugal's 2025 Relatório e Contas — RAPI Deficit Collapses from -€1.142bn to -€304M, Gold Reserves Revalue 46%, Statutory Loss Held to €1.4M via a Provision Drawdown

Banco de Portugal's 2025 Relatório e Contas — RAPI Deficit Collapses from -€1.142bn to -€304M, Gold Reserves Revalue 46%, Statutory Loss Held to €1.4M via a Provision Drawdown

The Banco de Portugal on Thursday, 23 April 2026, published its Relatório e Contas 2025 — and the headline is less about the number on the bottom line than about how that number came together. The central bank closed the year with a statutory net...