🇵🇹 Daily Portugal news for expats & investors — FREE Subscribe
Sign in Subscribe

Banking

Banking services, regulations, and financial products in Portugal.
Banco de Portugal's Décade-Long Audit Squeezes Crédito-Habitação Spreads to 0.89 Points in 2024 — A Third of the 2.68 Points Banks Charged in 2014 With 90% of New Contracts Below 1%

Banco de Portugal's Décade-Long Audit Squeezes Crédito-Habitação Spreads to 0.89 Points in 2024 — A Third of the 2.68 Points Banks Charged in 2014 With 90% of New Contracts Below 1%

A Banco de Portugal audit puts Portugal's average crédito-habitação spread at 0.89 percentage points in 2024 — a third of the 2.68 points banks charged in 2014. Nearly nine in ten new contracts were written at sub-1% spreads as competition and liquidity pushed the structural margin down.
The Portugal Brief
Supremo Tribunal Administrativo Confirms the Extinction of the Fundação Berardo in a Unanimous 21 May Ruling — BCP, CGD and Novobanco Unlock the Path to Recover €980 Million in Loans After a 19-Year Cycle Around Joe Berardo's Investment Vehicle

Supremo Tribunal Administrativo Confirms the Extinction of the Fundação Berardo in a Unanimous 21 May Ruling — BCP, CGD and Novobanco Unlock the Path to Recover €980 Million in Loans After a 19-Year Cycle Around Joe Berardo's Investment Vehicle

The Supremo Tribunal Administrativo (STA) confirmed the extinction of the Fundação Berardo in a unanimous ruling dated Thursday 21 May 2026 , an outcome that the foundation's executive board contested all the way up the appellate ladder after the...
The Portugal Brief