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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 ...
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.
Novobanco or Novo Banco, SA is a financial institution that stands out as one of the country's main commercial banks, based in Portugal. It was established on 4 August 2014, as a result of a restructuring and recapitalisation process by the Bank of Portugal to save the good assets of the previously bankrupt Banco Espírito Santo (BES).
Portugal's central bank is the Banco de Portugal, which forms part of the European System of Central Banks, and the major stock exchange is the Euronext Lisbon. The Portuguese economy has been steady, expanding continuously since the third quarter of 2014, with a yearly GDP growth of 1.5% registered in the second quarter of 2015.
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.
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 .
BES was the second-largest private financial institution in Portugal in terms of net assets (€80,700 million in March 2011), with an average market share of 20.3% in Portugal and 2.1 million clients. On 3 August 2014, Banco de Portugal, Portugal's central bank, intervened in the bank by applying a resolution measure that
9 July 1955. (1955-07-09) (aged 58) Lisbon, Portugal. Known for. Bank fraud. Artur Virgílio Alves Reis [a] ( Lisbon, 8 September 1896 – 9 July 1955) was a Portuguese criminal who perpetrated one of the largest frauds in history, against the Bank of Portugal in 1925, often called the Portuguese Bank Note Crisis .