BCP approves storm moratoriums for affected borrowers
The BCP group reported record profits of €1,018.6 million for 2025, a 12.4% rise from 2024, the bank said at a press conference. The financial margin grew to €2,898.1 million and commissions rose to about €847.4 million; the bank’s CEO Miguel Maya described the figures as the group's “best results ever.” Customers and local businesses should note the bank’s strong earnings as it could influence lending terms and bank policy in the months ahead.
Update: BCP approves storm moratoriums for affected borrowers
BCP says it has already approved more than 700 moratoriums for families and businesses hit by recent storms, suspending over €100 million in credit; the bank called on the Government to consider extending the deadline for the measure and to include personal credit.
Miguel Maya is the CEO of BCP (Banco Comercial Português), one of Portugal's largest private banks. He recently warned that urgent action is needed to help businesses and protect jobs after severe weather damage, which matters because banks may face higher loan defaults and could offer emergency credit or relief to affected customers.
