Latest news and stories about loans in Portugal for expats and residents.
The Bank of Portugal (BdP) recommends that customers contact their banks as the deadline for loan moratoriums approaches.
60% of the applications came from medium-sized export-oriented companies affected by the bad weather, the Bank of Portugal guarantees. The information collected is still provisional.
Credit taken out by residents in Portugal from foreign sources has grown nearly sevenfold in 15 years, according to data from the Bank of Portugal.
The mayor of Leiria expresses criticism regarding the terms and conditions of the loans.
The total amount of loans granted to individuals grew by 9.8% in the first month of the year compared to the same period last year.
