Announcement
29 Jun 2012
In June 2012, the Portuguese government granted recapitalisation aid to Banco Comercial Português. The measure was approved by the European Commission in August 2013.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
2 in force
Implementation date
29 Jun 2012
Revocation date:
No revocation date
Capital injection and equity stakes (including bailouts)
In force
On 29 June 2012, the Portuguese government granted a EUR 3 billion (approx. USD 4 billion) recapitalisation measure to Banco Comercial Português (BCP). The aid was issued under the restructuring schem...
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Loan guarantee
In force
On 29 June 2012, the Portuguese government provided three loan guarantees valued at EUR 4.8 billion (approx. USD 6.3 billion) to Banco Comercial Português (BCP). The aid was issued under the restructu...
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