The Bank of Portugal (BdP) has established the capital reserve requirements for major banks to be implemented from January 1, 2026, as announced by the financial supervisor. According to a statement, the institutions include BCP, Caixa Geral de Depósitos (CGD), Santander, Novo Banco, BPI, and others.
BdP sets banks' capital reserve requirements for 2026
Saturday, 29 November 2025RSS
Context & Explainers
Mário Centeno is a Portuguese economist and politician who served as Finance Minister from 2015 to 2020 and as President of the Eurogroup from 2018 to 2020, and later became Governor of the Bank of Portugal (Banco de Portugal). His nomination for vice‑president of the European Central Bank matters because a senior Portuguese official at the ECB could influence euro‑area monetary policy decisions that affect interest rates and the economy in Portugal.
