BdP warns of two unlicensed lending entities


Share post:

The Bank of Portugal (BoP) today warned that “Maria Braga – Financiamento” and the alleged entity acting on the portal are not qualified to grant credit or any other financial or advisory activity.

In two notes published on its website, the BdP warns that “the alleged entity that acted through the website, and the email address in**@sc******************.com” and that the entity acting through the Facebook social network profile accessible at” are not covered by the central bank.

The supervisory authority stated that none of these institutions “is currently, or has ever been, qualified to carry out in Portugal a financial activity reserved for institutions subject to the supervision of the Bank of Portugal, namely the granting, intermediation and advice on credit matters”.

In the case of the alleged entity operating on the portal, the central bank also “draws attention to the fact that it should not be confused with any other similar denomination”.

The Central Bank points out that the activities of granting credit and intermediation and advice on credit agreements “are reserved for entities authorized to carry out these activities”.

The banking supervisor reiterated that the granting of credit is reserved for entities authorized to do so, noting that the list of entities authorized to grant credit, act as credit intermediaries and provide advisory services, can be consulted on the BdP website.

The Bank of Portugal also said it had become aware of fraudulent schemes to misuse the names of authorized entities.

“In case of doubt, the Banco de Portugal can be contacted by e-mail at in**@bp*******.pt”, the supervisory authority concluded.

Related articles

PJ detains 13 people for computer fraud over 1 million euros

The arrests took place in the Porto Metropolitan Area. The suspects are aged between 20 and 60. Thirteen people,...

Nurses from health centers in the Lisbon region on strike on July 4

The Portuguese Nurses' Union (SEP) has called a strike for July 4 for nurses at the health centers...

Portugal in ‘yellow’ due to rain and thunderstorms (but there’s an exception)

All mainland districts, except Faro, will be under a yellow warning today due to the forecast of showers,...

Portuguese marines take part in “unprecedented” army in Lithuania

The innovative concept of employing Marine Forces will be "tested and implemented in its entirety". The "unprecedented" 'Light and...