BCP's Polish bank made provisions of €115 million in the fourth quarter
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 declared insolvent
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 ...