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By TPN/Lusa, in Business · 26 Jul 2017, 06:49 · 1 Comments
Pablo Forero, the chairman of BPI, explained that the loss was because of the extraordinary impact of a change in accounting rules at Banco de Fomento Angola (BFA), which implied a cost of €212 million after tax and €106 million with staff dismissals.
These are the first results to be presented by the new CEO after Fernando Ulrich moved over to become chairman of the board.
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Oh, and here was me wondering which bank I should create an account with when we move to Portugal on Monday!
By Paul Statham from Other on 27 Jul 2017, 07:54