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Bank Of Portugal: New Assessment Of Banks’ Credit Portfolios To Begin

Bank Of Portugal: New Assessment Of Banks’ Credit Portfolios To Begin

The Bank of Portugal is due to assess regularly the loan portfolios of Portuguese banks in order to keep a close eye on possible credit risks as volatility increases in Europe.

The Bank of Portugal will assess at least two times a year the evolution of Portuguese banks’ credit portfolios, a preemptive measure which aims to get prior knowledge of any possible risks posed to the financial sector, reported Diário Económico Thursday, 21 June. (continue reading on original link)
 
Source: Portugal Daily View

PEProbe suggested readings
Want to know more about this subject? Check out the Financial Stability Report for Mary 2012 (Overview)

 

Portugal Economy Probe recommends Portugal Daily View - an English website with news about Portugal's tourism, economy, politics and sports.

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