Latest articles from Peter Wise

Portuguese banks weather the storm

Portuguese banks weather the storm

April 1, 2015

Portugal’s banks may be battling an economic downturn and the after-effects of the Banco Espírito Santo collapse, but they are still preparing for a return to profitability. 

Portugal economy

On the up: but is Portugal's economic recovery here to stay?

April 1, 2015

Portugal 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, 2014

Concerns 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 new-look Portugal

A leaner look for Portugal's banks

April 1, 2014

Portugal'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

Portugal seeks to make a clean break

April 1, 2014

In 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?

Change of fortunes: Portugal Telecom raised €750m with its Eurobond issue

Retail investors lead Portugal back to market

April 2, 2013

Portuguese corporates began to re-access bond markets via retail distribution in 2012, paving the way for banks and the sovereign to return to Eurobond markets by early 2013.

A turning point as Portugese banks seek growth

A turning point as Portugese banks seek growth

April 2, 2013

Portugal's banks have solved capital shortfalls and improved their funding positions, but finding sustainable sources of loan and revenue growth is proving more difficult.

Portugal's slow recovery continues

May 1, 2012

Unlike their counterparts in Ireland and Spain, banks in Portugal are the victims rather than the perpetrators of the country's debt crisis. This should put them in a good position to recover, but limited access to funding and increasing capital ratio requirements are forcing them to change their previously profitable business models.

Portugal 'who pays'

Hard times ahead as Portugal feels the force of its bailout conditions

May 4, 2011

The effects of the international economic bailout of Portugal will be felt through the country, but some see the measures as an opportunity for the country to emerge as a more competitive, export-friendly entity. 

Lisbon Bank

Bailout forces Portuguese banks to shape up in time for a 2012 comeback

May 4, 2011

Shut out of the wholesale markets, Portugal's banks are reducing their loan-to-deposit ratios and restructuring their balance sheets. If all goes well they could be back in the markets as early as next year. 

Top 1000 World Banks Regional Commentary & Analysis

Pre-order the Top 1000 World Banks 2021

Top 1000 World Banks ranking

Request a demonstration to The Banker Database

Join our community

Global Risk Regulator

The Banker on Twitter