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finance

Financial markets, banking, investment, and economic policy news from Portugal.
Belgian Insurer Ageas Eyes a 5% BCP Capital Slot Inside the Cross-Holding Cap as Fosun Mandates Advisers on Its €2.7 Billion Stake — Bancassurance Partnership Anchors the Diversification Pitch

Belgian Insurer Ageas Eyes a 5% BCP Capital Slot Inside the Cross-Holding Cap as Fosun Mandates Advisers on Its €2.7 Billion Stake — Bancassurance Partnership Anchors the Diversification Pitch

Ageas evaluates a ~5% direct stake in BCP — the maximum it can take without restructuring its bancassurance JV — contingent on Fosun completing the exit it opened on 10 April. The Chinese conglomerate's 20%+ holding is worth ~€2.7 billion. Government backs the search for strategic shareholders.
The Portugal Brief
Banco de Portugal Sets Up a National Payment-Resilience Plan With Energy, Telecoms and Retail After the 28 April 2025 Apagão — Relatório dos Sistemas de Pagamentos 2025 Books a 36% Terminal Drop and 80% Restaurant Value Shock on the Day

Banco de Portugal Sets Up a National Payment-Resilience Plan With Energy, Telecoms and Retail After the 28 April 2025 Apagão — Relatório dos Sistemas de Pagamentos 2025 Books a 36% Terminal Drop and 80% Restaurant Value Shock on the Day

BdP's 2025 Relatório dos Sistemas de Pagamentos sets up a National Payment-Resilience Plan with energy, telecoms and retail after the 28 April 2025 apagão. Day-of-blackout tape: -36% POS volume and value, restaurants -60%/-80%, ATM withdrawals -34% in volume and -24% in value.
The Portugal Brief