The Bank of Portugal tightened the rules for granting housing loans but, for the BCP president, there is no bubble. "Not from near, not from afar." But it admits regional differences.

There is no bubble in real estate. This is the position of Banco Comercial Português (BCP), which, however, ensures that it will comply with the recommendations of the Bank of Portugal to tighten the granting of housing loans.

Read more (in portuguese): Nuno Amado: "We do not think there is a price bubble situation" in real estate