Global jitters and the escalating cost of financing have forced Portuguese banks to drastically alter their credit model. Writer Peter Wise.

Portugal’s businesses have had to adjust to the financial climate change as the credit crunch makes itself felt, leaving simple funding a thing of the past. Writer Peter Wise.

Peter Wise reports on the Portuguese firms that are making a name for themselves on the international stage.

Just as the dust was settling on the chaotic attempted takeover of Banco BPI by Millennium BCP, the global credit crunch came along. Peter Wise reports on a tumultuous 18 months for Portugal’s banking sector.

Peter Wise and Brian Caplen talk to chief executive Ricardo Espírito Santo Salgado about Banco Espírito Santo’s plans to expand further its well-established banking network in Portuguese-speaking countries.

The media coverage given to the tussle at the top of Millennium BCP risks deflecting attention away from the positive evolution of Portuguese banking, says Peter Wise .

Portugal’s banks have weathered the economic downturn by focusing on efficiency. Not only that, but they are now expanding abroad. Peter Wise reports.

Financial 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.

Portugal’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.

Portugal is making a comeback after recession, although recent cuts in deficits have not yet been enough to win over rating agencies, writes Peter Wise.