Banco Montepio Sees Deposits, Loans Growing in Next Three Years

Banco Montepio expects to grow in loans and deposits as the Portuguese lender aims to increase its market share among clients including small- and medium-sized companies.
Portugal's oldest bank sees deposits and credit growing about €4 billion ($4.6 billion) in total in the next three years, Chief Executive Officer Pedro Leitao said in an interview in Lisbon. Demand remains strong in sectors including tourism and housing, he said.

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