Global Trade Alert
Global Trade Alert

Portugal: Capital increase of state owned bank CGD

Announcement

28 Jun 2012

In June 2012, the government of Portugal announced a change in private-sector financial support.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 Jun 2012

Revocation date:

No revocation date

Updated: 28 Jun 2012
Equity stake In force
On 28 June 2012, Portugal notified to EU on their intention to recapitalize the Caiya Geral de Depositos (CGD). CGD is a banking group fully owned by the Portuguese state. The banks activities consist...
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