22-05-2025
Portugal Opposes Further Increase in Spanish Banks' Presence
Portugal's government said Spanish banks shouldn't further increase their presence in the Portuguese market.
Spanish lenders now represent about a third of Portugal's banking market, Finance Minister Joaquim Miranda Sarmento said in an interview with television channel RTP3 on Wednesday night. 'I think that value shouldn't increase, due to a matter of concentration and of dependency.'
