Portugal’s five biggest banks raised first-quarter profit to €1.3 billion despite lower interest margins, underlining the sector’s resilience as mortgage lending accelerates.
Portugal’s five biggest banks raised first-quarter profit to €1.3 billion despite lower interest margins, underlining the sector’s resilience as mortgage lending accelerates.
BCP CEO Miguel Maya said he is not worried about a possible Fosun exit, arguing the Portuguese bank is in strong shape and can still attract investors.
