Resilience gained through the painful post-global financial crisis restructuring has helped Portugal’s banks emerge from the pandemic with stable capital ratios, improved asset quality and ample liquidity.

Mário Centeno, governor of Portugal’s central bank and former finance minister, speaks to Peter Wise about the resilience of the Portuguese banking sector and the challenges ahead.

Portugal’s central bank governor Mário Centeno on the resilience of the country’s economy and the likelihood of bank consolidation.

The challenging economic and security situation means banks are focusing on remaining robust, resilient and well-capitalised.

Rogério Zandamela, governor of the Bank of Mozambique, on the country’s fiscal challenges and the outlook for a post-pandemic recovery. 

The Covid-19 pandemic has shaken Portugal’s economy, but the country is in a good position to execute its recovery. 

Portugal is primed to take on the challenges of recovering from its recession, having learned lessons from past crises.

Despite entering the fifth year of a deep recession, there is hope Angola may be able to claw its way out of the slump.

Once recipients of a bailout, banks are now part of effort to keep the economy afloat.

Raft of government initiatives seek to boost economy as key tourism sector plummets.