Edition 1437
19 August 2017
Edition: 1437

Read this week's issue online exactly as it appears in print.

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Portuguese banks still some way off marked improvement

in News · 17-03-2017 14:29:00 · 0 Comments


Ratings agency Fitch has said that certain Portuguese banks will only show meaningful improvements in the medium term.

Portuguese banks still some way off marked improvement

Naming banks such as BPI, Caixa Gerak, BCP and Montepio, Fitch did however say that they their outlook remained stable.

 

The rating actions are part of a periodic review of Portuguese banks rated by Fitch, which explained that the weak operating environment in Portugal led to a deterioration in the banks' asset quality while low interest rates had squeezed margins. 

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Edition 1437
19 August 2017
Edition: 1437

Read this week's issue online exactly as it appears in print.

Twitter