Four bank staff unions agreed a 3 percent rise in pay and pensions with the banks and Crédito Agrícola, backdated to January and paid with November salaries. The 30 November strike is off, except at Millennium bcp and Banco Montepio.
Banks made mortgage standards slightly stricter from July to September, the Bank of Portugal's lending survey shows, and this time named its 45 percent repayment cap as one reason. Demand held steady; no further tightening is expected this quarter.
The PJ carried out 53 searches in Lisbon, Porto and Setúbal. Banco Carregosa and BAI Europa were among the places searched. Investigators say sham resales between shell companies unlocked an IMT exemption meant for property traders.
New term deposits paid 1.63 percent in August against 2.18 percent across the euro area, the Bank of Portugal says. Only five countries paid less, and inflation still outpaces what savers earn.
Fraudsters are posting cards with personalised letters that push recipients to activate them through a link, number or QR code. A genuine card is activated only at a cash machine or in your bank's own website or app.
Chega's bill would remove the 0.5 percent charge banks can levy on early repayments, which returned in January after a three-year suspension. It passed at first reading and still faces committee and a final vote.
September's climb in Euribor rates feeds into every variable-rate loan reviewed in October. Borrowers on the 12-month index are hit hardest, with a rise of about 14 percent on a 150,000 euro mortgage.
