Radar > 244658

Government of Portugal and Banco de Portugal (BdP) may sell risky credit assets

Estado Português e Banco de Portugal (BdP) recebem proposta para ativos de crétidos de risco

Intel ID : 244658
Synopsis

The Government of Portugal and Banco de Portugal (BdP) received a EUR 15bn bid for the acquisition of banks' risk credits assets, reported Público on 25 January 2017, citing a member of the consortium, António Esteves.

The informal offer was presented to the executive and the Banco de Portugal by Esteves, who represented an international consortium supported by a large investment bank.

According to the news, the bid could help the Portuguese financial system.
(content in portuguese)

O Estado Português e o Banco de Portugal (BdP) receberam proposta de EUR 15bi para compra de ativos de créditos de risco dos bancos, segundo publicou o Público no dia 25 de janeiro de 2017, citando um membro do consórcio interessado, António Esteves.

A iniciativa, feita ainda informalmente, foi apresentada junto do executivo e do Banco de Portugal por António Esteves, que representa um consórcio internacional apoiado num grande banco de investimento.

Segundo a notícia, a opção poderia ajudar o sistema financeiro português de crédito malparado que está a carregar os balanços dos bancos português.

Intel ID 244658
Value ND
Native Currency Euro (EUR)
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Tags

Seller

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.02 Central Banking
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
10.01.01 BPO/Outsource Services
10 Business Services / 10.01 Business & Professional Support Services

15.05.99 Other Distribution & Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

15.10.03 Cultural Sites & Attractions
15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure

45.03.03 Trade Journal & Magazine Publishing
45 Media, Entertainment & Information Services / 45.03 Publishing

Country
Website
Description

Seller

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Public Services (Primary)
Services and Distribution / Other Services
Primary Sector (TTRSC)
50.01.02 Government Administration
50 Public Services & NGOs / 50.01 Government & Public Administration

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.