Global Trade Alert
Global Trade Alert

Portugal: State aid to Banco Privado Português-BPP

Announcement

05 Dec 2008

In December 2008, 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

0 in force

Implementation date

05 Dec 2008

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts)

On 5 December 2008 the Portuguese authorities notified to the Commission a public support measure in favor of Banco Privado Portuguęs (BPP), which was granted on the same day. BPP is a financial ins...

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