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Banco Espírito Santo : bailed-out by the Portuguese state in 2014 and re-organised into Novobanco; Banco Português do Atlântico; Banco Português de Negócios : sold to the Angolese Bank Banco BIC in 2012; Banco Privado Português; Banif Financial Group : bailed-out by the Portuguese state in 2015 and sold to Banco Santander
The EMA was one part of the European Economic Community’s plan, which was to achieve overall economic integration in the long run. [2] The EMA contributed to this through the currency convertibility which established a pathway to a European common currency and a common central bank. [13]
Portugal: European Central Bank through European Banking Supervision ; Bank of Portugal ; Portuguese Securities Market Commission (CMVM) and Autoridade de Supervisão de Seguros e Fundos de Pensões (ASF) Qatar: Qatar Central Bank ; Qatar Financial Markets Authority (QFMA) Romania: National Bank of Romania ; Financial Supervisory Authority (ASF)
As of 2016, the EMA was roughly parallel to the drug part of the U.S. Food and Drug Administration (FDA), [53] but without centralisation. [54] The timetable for product approval via the EMA's centralised procedure of 210 days compares well with the average of 500 days taken by the FDA in 2008 to evaluate a product. [55]
In 2009, as a regulatory response to the revealed vulnerability of the banking sector in the financial crisis of 2007–08, and attempting to come up with a solution to solve the "too big to fail" interdependence between G-SIFIs and the economy of sovereign states, the Financial Stability Board (FSB) started to develop a method to identify G-SIFIs to which a set of stricter requirements would ...
As part of the bailout programme, Portugal was required to regain complete access to financial markets by September 2013. The first step towards this target was successfully taken on 3 October 2012, when the country managed to regain partial market access by selling a bond series with 3-year maturity.
Narodowy Bank Polski: 1945 French Polynesia: CFP franc: Overseas Issuing Institute: Institut d'émission d'outre-mer Portugal: Euro: European Central Bank (Bank of Portugal) Banco de Portugal: 1846 Qatar: Qatari riyal: Qatar Central Bank: مصرف قطر المركزي: 1973 Romania: Romanian leu: National Bank of Romania: Banca Națională a ...
The Banco de Portugal (Portuguese pronunciation: [ˈbɐ̃ku ðɨ puɾtuˈɣal], lit. ' Bank of Portugal ') is the Portuguese member of the Eurosystem and has been the monetary authority for Portugal from 1846 to 1998, issuing the Portuguese escudo. Since 2014, it has also been Portugal's national competent authority within European Banking ...