Portugal expects offers for Novo Banco in early 2015

Page created: Tuesday, 18 November 2014 9:19 GMT

Bank of Portugal  BES   Sale

The Bank of Portugal expects to receive offers for Novo Banco, the good bank that was carved out of Banco Espirito Santo (BES), at the beginning of next year and binding offers in the middle of the second quarter, the bank’s governor said on Monday.