During the signing ceremony of the State of Portugal and the Resolution Fund’s agreements for the sale of Novo Banco in Lisbon, the CEO of BPCE expressed “confidence in the Portuguese economy, in Novo Banco, and in the quality of the relationship between BPCE and the Portuguese environment and government.”
“We must always focus on the future,” he stated, indicating a “new future for the bank” where they will “ensure dedication to financing the Portuguese economy.” “It’s our DNA,” he reiterated.
Nicolas Namias emphasized that Novo Banco continues to be a Portuguese bank, highlighting its “closeness with clients, territories, and the Portuguese market.”
“Portugal is becoming the second largest market for BPCE; it is a long-term commitment and I want everyone to see BPCE as the bank for Franco-Portuguese relations,” he argued.
MES // CSJ
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