Press Releases

The Portuguese Banking Association (APB) held a General Assembly today, bringing together its members to approve the 2023 Annual Report and Accounts and to elect the Governing Bodies for the next three-year term (2024-2026).

Enzo Guimarães and Luís Miranda, from Escola Básica de Arões Santa Cristina, part of the Fafe School Cluster in the Braga district, were the national winners of the financial literacy competition – European Money Quiz – promoted in Portugal by the Portuguese Banking Association (APB).

Today marks the start of another edition of European Money Week! On this occasion, the APB is organizing the National Final of the largest financial literacy game, involving over 60 schools and 100 finalists from across the country competing for a trip to Brussels.

In 2015, the European Banking Federation (EBF) launched the European Money Week, leading in promoting financial education across Europe. A decade later, we find ourselves in a very different landscape, where technologies like artificial intelligence (AI) and digital finance add layers of complexity while presenting both challenges and opportunities.

The banking industry supports the objective of increased European strategic autonomy in payments and sees that new forms of digital currencies and payment methods will be needed to support the multi-faceted digitalisation of the economy. 

Law enforcement agencies from 26 countries, in collaboration with Europol, Eurojust, INTERPOL and several private industry partners, have once again joined forces to combat a key facilitator of money laundering: money mules and their recruiters. In June, October and November 2023, several operational phases identified 10 759 money mules and 474 recruiters, leading to the arrest of 1 013 individuals worldwide.