Banking services, regulations, and financial products in Portugal.
Porto prosecutors say intruders hijacked a Braga firm's email and sent fake supplier messages with new IBANs. Two people are charged with laundering the money; one used a fake bank employee.
The SNQTB union has called a strike for 30 November and protests from 9 October, starting at novobanco and Millennium bcp, after the banks held their 2026 pay offer at 2 percent with inflation at 3.3 percent.
Financeira Zona and XNET BANCO are not authorised to grant credit in Portugal, the regulator says. Four of its five recent warnings point at a website rather than a building, and the only defence is a free register.
Mixed-rate contracts passed 48 percent of the stock in July, overtaking variable rate for the first time on record. INE puts the average rate at 3.162 percent and the average instalment at 418 euros, exactly half of it interest.
A Portuguese bank lends, a Portuguese company builds and the Portuguese taxpayer covers 95 percent of the risk. The State charges 30.89 million euros for standing behind it.
Fernando Teixeira dos Santos told the Operação Marquês trial the choice was his alone. His immediate predecessor testified in November that Sócrates had insisted on Vara from the start, and the prosecution built a corruption count on that appointment.
The Novobanco sale closed the file and brought in over 900 million. The fund holds 2.2 billion against liabilities more than three times that, and the levy that feeds it is under constitutional challenge.
