07 Sep 2017
News
Development bank finances nonperforming mechanism
Instituição Financeira de Desenvolvimento, known as development bank, will be involved in the solution to clear nonperforming loans from banks. Agreement is supposedly already closed with CGD, BCP and Novo Banco.
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07 Sep 2017
News
Development bank finances viable companies with nonperforming loans
The participation of Instituição Financeira de Desenvolvimento in the solution for nonperforming loans will involve financing to viable companies which the banks can no longer finance. But other financing solutions are being considered.
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07 Sep 2017
News
Development Bank will finance solution for nonperforming loans
The solution for banks’ irrecoverable debt may be partly financed through Instituição Financeira de Desenvolvimento, better known as Development Bank.
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07 Sep 2017
News
Development Bank will finance solution for nonperforming loans
Government will announce soon a solution for the banks’ problem loans.
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07 Sep 2017
News
Solution for nonperforming loans to be announced within days
“Público” reveals that there is finally an agreement between the banks CGD, BCP and Novo Banco to create an entity to manage defaulted credit in viable companies.
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07 Sep 2017
News
Development Bank will finance solution for banks’ nonperforming loans
Government prepares to announce a solution for problem debt in the coming days. Vehicle will gather risky debts from CGD, BCP and Novo Banco.
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