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Banking services, regulations, and financial products in Portugal.

News

SIBS Walks Its Administrative Action Against Banco de Portugal Off the TACL Docket on Wednesday 13 May — Dona do Multibanco Drops the EU 751/2015 Payment-Processing-Separation Lawsuit Sixteen Months After Filing It at the Lisbon Administrative Court

Wednesday 13 May 2026: SIBS-FPS withdraws its TACL administrative action against Banco de Portugal, sixteen months after filing on 15 January 2025. The scheme-vs-processor separation dispute under EU Regulation 751/2015 Article 7 returns to operational supervision with no merits ruling.

Euribor

Euribor 3-Month Climbs to 2.252% on Wednesday 13 May — Highest Print Since April 2025 as the Six-Month Settles at 2.485% and the Twelve-Month Reaches 2.798%, Putting Mild Pressure on Portuguese Variable-Rate Mortgages

The 3-month Euribor fixed at 2.252% on Wednesday 13 May, its highest level since April 2025. The 6-month settled at 2.485% and the 12-month at 2.798%. The drift up the curve reverses the spring 2025 ECB-cut narrative and tilts Portuguese variable-mortgage resets modestly higher.

Banco de Portugal

Banco de Portugal's 2025 Behavioural Supervision Report Walks Banks Into €8.91 Million of Customer Refunds — €8.24 Million in Indevidas Commissions, 3,298 Specific Determinations and 52 Contraordenação Proposals Across the Inspection Tape

Banco de Portugal's 2025 Behavioural Supervision Report — the annual file from Avenida Almirante Reis that aggregates every consumer-protection inspection, mystery-shopper visit and complaint-driven enforcement action the supervisor ran against the...