Lisbon-based online challenger Banco BNI Europa has attracted equity investment and posted net income of €2.3m in 2017.…
Deutsche Bank sheds Portugal leasing operations
Deutsche Bank has sold its private and commercial banking business in Portugal, including leasing operations, to Spain’s Abanca for an undisclosed amount.…
Alphabet expands into Portugal through local partner
Alphabet, the business mobility division of the BMW group, has expanded into Portugal through local partner Finlog. Alphabet has begun offering its leasing products in …
BNI Europa seeds €50m to German SMEs through Funding Circle
Portuguese online bank Banco BNI Europa has said it will provide €50m funding for small business loans in Germany via the Funding Circle platform.…
EIB loans €420m to Portugal’s water supplier
First tranche for infrastructure upgrade will go through state-owned water company, while second one might target municipalities directly.…