The Resolution Fund (Fundo de Resolução) will begin repaying the state for the Banco Espírito Santo (BES) bailout starting at the end of 2026. Although the fund received proceeds from the sale of Novo Banco, it previously deferred repayments because it was not required to pay interest. The banking sector will also receive partial reimbursement as part of this process.
Resolution Fund to begin repaying BES bailout
Friday, 3 July 2026AI summary
