Bank of Portugal must send Parliament list of big debtors

After much opposition and claims of breaching of banking secrecy, a law requiring the Bank of Portugal to disclose to Parliament data on large debtors of those banks that received public aid has been published in Diário da República.

The Bank of Portugal now has 100 days to deliver an extraordinary report on large debtors of banks that in the last 12 years have received public aid.

The Bank of Portugal, run by Carlos Costa, has informed government that the period in which the report must be prepared is not sufficient.

The banks in question are Caixa Geral de Depósitos, BES/Novo Banco, Banif, BPN, BCP and BPI.