Portugal’s banks have weathered the economic downturn by focusing on efficiency. Not only that, but they are now expanding abroad. Peter Wise reports.
Western Europe
Latest articles from Portugal
Banks cast eyes on new horizons
May 7, 2007Financial groups are expanding abroad – not just in international M&A but also into new areas such as project finance and debt issuance. Peter Wise reports.
A deeper dialogue and structural reforms
May 7, 2007Portugal’s prime minister, José Sócrates, talks to Brian Caplen and Peter Wise about his priorities for the EU presidency and his determination to ‘build Portugal into a modern country’ fully equipped to compete in the global economy.
Downgraded but not out
May 7, 2007Portugal is making a comeback after recession, although recent cuts in deficits have not yet been enough to win over rating agencies, writes Peter Wise.
Freeing up corporate debt
May 2, 2006Peter Wise reports on the new laws billed to overcome impediments to investing in Portugal’s debt market.
Competition heightens
May 2, 2006Millennium BCP’s bid for Banco BPI will make competition in the banking sector even more fierce, even if it fails. Peter Wise reports.
Structural transformation
May 2, 2006Fernando Teixeira dos Santos, Portugal’s finance minister, tells Peter Wise of his radical public sector reform plans.
The left-right march to revival
May 2, 2006The prospect of four years of political stability has helped lift the pessimism that has surrounded Portugal’s economy. Peter Wise explains.
Portuguese expectations
April 3, 2006While some countries are allowing a structured covered bond market to develop, others prefer to enact a covered bond law. Portugal has just passed legislation: will it experience a boom similar to its Iberian neighbour? Michael Marray reports.