BCP earned 186.4 million euros in 2017 and met the goal of reducing bad credit a year earlier than expected.

Bubble in the real estate market in Portugal? "Not near or far," says Nuno Amado. At the press conference on the presentation of annual results, the president of BCP rejected the idea that prices have risen too much. But he assured that the bank will comply with the recommendations made by the supervisor to prevent excesses in the granting of credit.

Read more (in portuguese): Nuno Amado discards bubble in real estate