News
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Banks follow good practices in their relationship with clients in financial distress
In the current economic and social scenario resulting from the COVID19 pandemic, and as the end of some of the support mechanisms for families and companies promoted by the Portuguese banking sector over the last year and a half approaches, the APB and its members find it useful to disclose the set of principles and good practices followed and to be followed in the relationship with individual banking clients in financial distress due to loans contracted in the banking sector. +
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Sector´s profitability improved despite the worse performance of the recurrent activity
In the first three months of the year, loans to non-financial corporations (domestic activity only) maintained the growth trend and rose 1.1% compared to December 2020. On the liability side, deposits increased 2.1% over December, to 285.9 billion euros. +
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APB members elect a new President for 2021-2023 mandate
The General Meeting of the Portuguese Banking Association (APB) was held today, 31 May 2021, to approve the 2020 Annual Report and elect the new corporate bodies for the 2021-2023 three-year term. +
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EBF calls for next steps to strengthen economic recovery in Europe
The Board of the European Banking Federation (EBF) today reiterated that European banks stand ready to continue supporting businesses and households amid growing uncertainty over the pace of the economic recovery. +
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European Money Quiz brings together 50 000 European students
- Students from 28 countries tested their knowledge in financial literacy competition organised by the banking sector
- Hungary, Ireland, and Slovakia took the podium in the European finals