Edition 1475
19 May 2018
Edition: 1475

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BCP profits well up in Q1

by TPN/Lusa, in News · 08-05-2018 07:07:00 · 0 Comments

Privately owned Portuguese bank BCP made a profit of €85.6 million in the first quarter of the year, 71% more than in the same period in 2017, it said on Monday.

BCP profits well up in Q1

 

Presenting the quarterly earnings, CEO Nuno Amado said the increase was because of “great growth in the activity in Portugal” and the “positive evolution in international trade”.

 

The bank’s activity in Portugal generated €44.5 million in the first three months of the year, almost five times more than the €9 million it made the same period last year.

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Edition 1475
19 May 2018
Edition: 1475

Read this week's issue online exactly as it appears in print.

Twitter

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