IGCP had treated a 2009 savings account as lost to the state. The Lisbon Court of Appeal says an heir's time limit only starts once they learn of the death and of the certificates. Since 2024, heirs of Series A and B certificates have 20 years from the death.
The average rate on new housing loans rose for a sixth month to 3.06 percent in September, Bank of Portugal data show, while new term deposits paid 1.82 percent after an eighth rise. Mixed-rate loans now make up 85.6 percent of new lending.
On World Savings Day, official data show households in Portugal saving 12.1 percent of their income, down from 12.4 percent, as spending grows faster than pay. Deposits stand at 200.5 billion euros, while household debt has reached 187.1 billion.
The ASF wants workers signed up to a workplace pension by default, free to opt out, and hopes to have a concrete proposal around the end of March 2027. Nothing is decided yet. Its new survey finds 55 percent of adults are not actively saving for retirement.
A Finance Ministry order published on 23 October lifts this year's cap on savings and Treasury certificates from 10 billion to 16 billion euros and cuts planned bond and bill issuance. The savings certificate stock hit 45.39 billion euros in September.
A senior Revolut executive tells Lusa the app wants to offer everything a traditional bank does, but home loans need local adaptation and there is no date. The focus in Portugal is deposits.
The regulator's draft has been with the government since June and would need a law. Shares, bonds and ETFs from across the OECD would qualify; retirement plans and crypto would not.
