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.

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

Millennium BCP exceeded expectations with a $1.3bn rights issue in April despite a cooling market and tough regulation, writes Edward Russell-Walling.

A legal framework incorporating the best international practices of investor protection should pave the way for the success of Portuguese covered bonds.

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 .

As Portugal takes over the EU presidency, the country’s president, Professor Aníbal Cavaco Silva, stresses the need, among other things, for Europe to assert itself as an effective and influential global performer.