BPI

Portugal’s banking sector has rejected criticisms from the country’s Minister of the Economy that banks are being so overly cautious in granting corporate loans that it is harming the economy. [...]

In the first nine months of the year, Portugal’s high street bank BPI saw profits tumble by 5% to €362 million in Portugal with its Angolan operations making profits but its Mozambique results [...]

The CEO of Portugal’s high street bank BPI, João Pedro Oliveira e Costa, has put a damper on last weeks Novobanco sale contract celebrations by challenging that the Portuguese State had forked [...]

Portugal’s main banks CGD, BCP, Novobanco, Santander, BPI and Banco Montepio posted combined net profits of €1.2Bn in the first quarter of 2025. The result was in line with the profits they made [...]

The CEO of Spain’s CaixaBank, Gonzalo Gortázar Rotaeche, has ruled out any plans to make acquisitions in the Portuguese banking market, instead opting to continue to grow organically. The Spanish [...]

The CEO of bank BPI, João Pedro Oliveira e Costa has criticised an increase on the annual contribution – basically a tax on the banks – that the sector has to pay to fund the [...]