The CEO, Paulo Macedo, stated that for the previous year, 1.25 billion euros will be paid in dividends to the State, which he described as likely the “largest ever dividend from Portuguese banking.”
Caixa Geral de Depósitos reports historic profits of nearly two billion euros in 2025
Thursday, 26 February 2026RSS
Context & Explainers
Caixa Geral de Depósitos is Portugal’s largest state-owned bank and a major retail and corporate lender. In 2025 it posted a 10% profit increase — helped by selling its stake in Águas de Portugal — and will pay a €1.25 billion dividend to the State, which can affect public finances and confidence in the banking sector.
Águas de Portugal (Water of Portugal) is the state-owned group that manages water supply and wastewater services across much of Portugal and is commonly known as AdP. Its recent agreement with unions for a €75 salary increase this year affects its workforce and may reduce the risk of industrial action; residents should watch for any planned service notices or changes in local water management.
AI Summary AvailableCGD posts record €1.9bn profit, pays €1.25bn dividendRead the synthesized summary with context and explainers
View full article on CNN PortugalRSS source
Other news coverage of this topic
- Caixa Geral de Depósitos com lucros recorde de 1904 milhões de euros em 20254:56pm, 26 Feb 2026 • Dinheiro Vivo
- CGD sets a new profit record and distributes the largest dividend in history: €1.25 billion4:48pm, 26 Feb 2026 • Público
- Caixa moves forward with €1.25 billion dividend to the State4:43pm, 26 Feb 2026 • ECO
- Caixa reports record profit of €1.9 billion in 20254:40pm, 26 Feb 2026 • ECO
