Customers with home loans who benefited from the moratorium created for victims of the bad weather must resume payments on Tuesday, and those who foresee difficulties should contact their bank, advises the Bank of Portugal.
Customers struggling to resume loan payments should contact banks, advises BdP
Monday, 27 April 2026RSS
Context & Explainers
Banco de Portugal is Portugal's central bank, founded in 1846. It is a member of the European System of Central Banks (ESCB) and the Eurosystem, working alongside the European Central Bank (ECB) to implement monetary policy in the euro area.
Its main functions include supervising banks and financial institutions, ensuring financial stability, managing Portugal's gold and foreign currency reserves, and producing economic research and statistics. It also operates the payment systems infrastructure and issues banknotes.
Banco de Portugal is led by a Governor — currently Mário Centeno (since 2020) — who also sits on the ECB's Governing Council. For residents, the central bank matters because it regulates the banks they use, sets macroprudential rules (such as mortgage lending limits), and provides a complaints mechanism for banking disputes.
AI Summary AvailableBank of Portugal advises on ending storm loan moratoriumRead the synthesized summary with context and explainers
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