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Portuguese Banks Set for Unprecedented €5 Billion Profits

December 12, 2024December 13, 2024
ae
Portuguese Banks Set for Unprecedented €5 Billion Profits

As profits soar, Portuguese banks face scrutiny over high fees and low deposit rates, raising ethical concerns for consumers and analysts alike. Portuguese banks are poised to conclude the year with unprecedented profits, a phenomenon that has left analysts both intrigued and somewhat bemused. By September, the cumulative profits of the five largest banks operating...

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