The Bank of Portugal (BdP) issued its second warning this Wednesday, concerning an entity operating via the website accessible at https://qub-agencia.com/. This entity does not have authorization to conduct credit granting or any other financial activities reserved for institutions under the supervision of the Banco de Portugal within the country.
The regulatory authority emphasized that the “credit granting activity, as outlined in subsection b) of article 4 of the General Regime for Credit Institutions and Financial Companies, approved by Decree-Law No. 298/92, of December 31, is reserved for legally authorized entities, as stipulated in article 10 of the aforementioned legal regime.”
“A list of entities authorized to grant credit can be consulted on the Banco de Portugal’s website at www.bportugal.pt,” the BdP added.
