Latest news and stories about bcp in Portugal for expats and residents.
BCP plans to distribute 509 million euros in dividends, representing 50% of its annual profits, while proposing a share buyback program and capital restructuring at its upcoming general meeting.
Bank Millennium in Poland, controlled by the Portuguese BCP, achieved a net profit of 301 million zlotys (71.2 million euros) in the first quarter, representing a 68% year-on-year growth, the institution led by Miguel Maya announced to the market this Tuesday. BCP highlights that Bank Millennium's results remain 'conditioned...'
BCP's Polish subsidiary, Bank Millennium, will set aside 190 million zlotys (approximately 44.7 million euros at the current exchange rate) in provisions related to Swiss franc mortgage loans for the first quarter of this year. The preliminary estimate for legal risk provisions in the first quarter of 2026 relates to loans.
The Portuguese stock market ended the week with a decline of over 3.5%, the worst performance since April last year. Mota-Engil and BCP closed down more than 9%, with the conflict in the Middle East accelerating a sell-off in global equity markets. The PSI index closed Friday's session with a slight ...
Bank Millennium, BCP's Polish subsidiary, estimates provisions of €115 million in the fourth quarter of 2025 for legal risk related to mortgage loans, according to a statement sent to the market. In the note, published by the Portuguese Securities Market Commission (CMVM), the bank “informs that the preliminary estimate of provisioning ...”
Sicasal, a meat-processing company based in the municipality of Mafra, has been declared insolvent at the request of Banco Comercial Português, according to the insolvency declaration notice from the Lisbon West District Court published this Wednesday. The insolvency was requested by Banco Comercial Português (BCP), one of the largest creditors. The District Court of ...
