After years of unprofitability, the Portuguese banking sector is finally getting back on its feet. But, with the sale of Novo Banco by the Bank of Portugal still outstanding and other lenders vulnerable to takeover, the sector may not be out of the woods yet.
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Portuguese banks weather the storm
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On the up: but is Portugal's economic recovery here to stay?
April 1, 2015Portugal has endured a painful economic rescue programme following its bail-out, but now markets are slowly recognising that the country's economy has bottomed out and growth is forecast.
Banco Espírito Santo exposes frailty of eurozone
August 1, 2014Concerns over the health of Banco Espírito Santo, Portugal's largest listed bank by assets, set familiar-sounding alarm bells ringing across Europe. While short-term fears over the lender's future have been allayed, its ownership structure and ties with its parent company are coming under increasing scrutiny.
A leaner look for Portugal's banks
April 1, 2014Portugal's banks have undergone a radical transformation in the past few years, emerging from the country's economic crisis better capitalised, leaner and more efficient than ever. Profitability, however, is yet to recover.
Portugal seeks to make a clean break
April 1, 2014In the three years since its bail-out, Portugal has impressed many onlookers with its efforts to turn its economy around. Now it is on track to make a clean exit from its rescue programme in May, but the question is will the progress made over the past three years continue?
Retail investors lead Portugal back to market
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A turning point as Portugese banks seek growth
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Portugal's slow recovery continues
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