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The Banco de Portugal (English: Bank of Portugal) is the Portuguese member of the Eurosystem and has been the monetary authority for Portugal from 1846 to 1998, issuing the Portuguese escudo. Since 2014, it has also been Portugal's national competent authority within European Banking Supervision. [3] The bank was founded by royal charter in ...
The bank is primarily active in Portugal and Spain, Angola and Mozambique. In Angola, BPI is the market leader in corporate banking and its activity reached a 25% market share on its 50.1% stake in Banco de Fomento Angola (BFA) with 750,000 customers (as at December 2010). In Mozambique, the BPI maintains a 30 percent stake in the bank BCI Fomento.
Defunct banks. Banco Espírito Santo : bailed-out by the Portuguese state in 2014 and re-organised into Novobanco. Banco Português do Atlântico. Banco Português de Negócios : sold to the Angolese Bank Banco BIC in 2012. Banco Privado Português. Banif Financial Group : bailed-out by the Portuguese state in 2015 and sold to Banco Santander.
The Economic Adjustment Programme for Portugal, usually referred to as the Bailout programme, is a Memorandum of understanding on financial assistance to the Portuguese Republic in order to cope with the 2010–14 Portuguese financial crisis. The three-year programme was signed in May 2011 by the Portuguese Government under then-Prime Minister ...
3 November 1949 (age 74) Oliveira de Azeméis, Portugal. Alma mater. University of Porto. Occupation. Economist. Carlos da Silva Costa (born November 3, 1949, in Oliveira de Azeméis) is a Portuguese economist who served as Governor of the Bank of Portugal from June 7, 2010 [1] to July 20, 2020, when he was succeeded by Mário Centeno .
Banco Comercial Português (BCP, lit. 'Portuguese Commercial Bank') is a Portuguese bank that was founded in 1985 and is the largest private bank in the country. BCP is a member of the Euronext 100 stock index and its current chief executive officer is Miguel Maya Dias Pinheiro. BCP is based in Porto, but its operations are headquartered in ...
Banco Português de Negócios. Banco Português de Negócios (English: Portuguese Bank of Business), or simply BPN, was a Portuguese banking institution. It used to be a private bank, but was nationalized by the Portuguese Government in 2008 after a bad management and malpractice-related debt of 1.800 billion euros and several irregularities ...
Novobanco, Novo Banco, SA, is a major Portuguese financial bank headquartered in Lisbon, Portugal. Following the entry into force of European Banking Supervision in late 2014, Novo has been designated as a Significant Institution and is supervised by the European Central Bank. [2][3] Novo was established on 4 August 2014, as a result of a ...