PORTUGAL'S BANKS RISE FROM THE ASHES

摘要

Over the next few months, Portuguese banks will complete a transformation that will leave little in the sector as it was before. The change, triggered by the global financial crisis, is affecting ownership, scale, capital strength, business models and international reach. By the start of 2018, lenders are confident they will have emerged from years of heavy losses and deep restructuring in a better position to generate sustained profitability.