A regulator instruction requires banks to report sales of credit portfolios to the Bank of Portugal (Banco de Portugal) starting this Wednesday, RTP reports. The measure forces lenders to notify the supervisor when they sell loans or debt portfolios, increasing transparency about transfers of non‑performing and performing credits. Borrowers whose debts are sold and investors in credit products may see faster notifications and should check statements and communications from their bank. Borrowers and those with outstanding loans should watch for bank notices about any transfer of their debt.
Banks must report credit sales to Banco de Portugal
Tuesday, 24 February 2026AI summary
Context & Explainers
Banco de Portugal is Portugal’s central bank, founded in 1846, responsible for banking supervision, financial stability and representing Portugal within the European System of Central Banks. For expats, it matters because it regulates banks and financial resolutions, influences monetary and payment rules, and can be involved in legal disputes with international investors.
