Banks to pay out estimated dividends worth €2.9Bn

The profits from Portugal’s main five banks could result in dividends of nearly €3Bn, exceeding the €2.4Bn paid out in 2023 according to a back-of-the-envelope calculation by business daily Negócios. The dividends do not include payouts from Novobanco if the bank and the Resolution Fund, which holds 13.5% of the bank, close a deal on […]

Banks rake in €3.6Bn in Portugal

essential-business.pt - 08/Nov 13:40

Portugal’s banks raked in €3.6Bn in the first three quarters of 2024. Profits from State-owned bank Caixa Geral de Depósitos (CGD) (€1.2Bn)...

Banks rake in €3.6Bn in Portugal

essential-business.pt - 08/Nov 13:40

Portugal’s banks raked in €3.6Bn in the first three quarters of 2024. Profits from State-owned bank Caixa Geral de Depósitos (CGD) (€1.2Bn)...

Novobanco CEO optimistic on agreement with Resolution Fund

essential-business.pt - 04/Nov 12:05

The CEO of Novobanco, Mark Bourke, says he is optimistic that the bank will be able to soon reach an agreement with the Resolution Fund on the...

Japanese automaker Honda reports lower profits as China sales decline

washingtontimes.com - 06/Nov 08:01

Honda's profits slipped nearly 20% in the first half of the fiscal year from the same period the previous year, as sales suffered in China, the...

Challenge begins to deliver $3bn Clean Ports Program

cyprusshippingnews.com - 01/Nov 02:38

The green technology market is set to become more competitive and expensive now nearly $3billion of federal Clean Ports Program […]

BPI boss critical of increased contributions to Resolution Fund

essential-business.pt - 04/Nov 12:47

The CEO of bank BPI, João Pedro Oliveira e Costa has criticised an increase on the annual contribution – basically a tax on the banks – that the...

ASX set for strong returns as US stocks run out of puff

stockhead.com.au - 05/Nov 04:27

Part of the reason investors love their ASX stocks – aside from home-ground advantage – is the generous dividends and ...

US dollar exchange rate rises in 10 Egyptian banks

egyptindependent.com - 05/Nov 08:45

The US dollar exchange rate continued to rise against the Egyptian pound on Tuesday in 10 banks, officially exceeding the LE49 mark for the first time...