Latest news and stories about state bank in Portugal for expats and residents.
A Chinese state-owned bank has issued debt instruments in Macau aimed at financing and backing projects in Portuguese-speaking countries and communities, strengthening financial links between China, Macau and Lusophone economies.
The CGD Group today completed the sale of the 59.81% stake it held in Banco Comercial do Atlântico in Cape Verde to Coris Holding for €82 million, the Portuguese bank said in a statement to the market.
Caixa Geral de Depósitos (CGD) signed on Thursday the sale of its 59.81% stake in the Cape Verdean Banco Comercial do Atlântico to a group from Burkina Faso, Coris Holding, in a deal worth €82 million. The contract was signed in Praia, Cape Verde, after ...
Caixa Geral de Depósitos says it will commit to recovering nearly €30 million owed by Heliportugal. The amounts relate to several loans used to finance the purchase of helicopters. The company contends the debts are statute‑barred.
Heliportugal has brought legal action against CGD, alleging that the state-owned bank never enforced non-performing debts totalling almost €30 million, allowing the claims to lapse. The latest Pitagórica poll for the presidential election shows a closely fought five-way contest between António José Seguro, André Ventura, Henrique Gouveia ...
Caixa Geral de Depósitos (CGD) says it will not increase fees on services and has set aside €25 million to renovate its branches in 2026.
