BPI sent a communiqué to the Portuguese Stock Exchange Commission (CMVM) saying 42 shareholders were present representing 94.63% of the bank’s capital and that the individual and consolidated accounts were approved unanimously while the application of earnings was supported by 99.99% of the votes that were cast.

After reporting a consolidated profit of €10.2 million in 2017, a significant drop compared with the €313.2 million it made in 2016, mainly because of the impacts of the reduction in the Angolan operation, BPI presented its earnings for the first quarter of 2018 at a press conference with the bank’s chairman, Spaniard Pablo Forero.