BCP reported a profit of €97.2 million in the first nine months of the year. The result is 63% higher than the 59.5 million euros received in the same period last year.
In Portugal, net income was 295.7 million, “as a result of 9.3% growth in basic income, a 3.4% decrease in recurring costs, and an 11 basis point improvement in the cost of risk,” the bank explains.
Net interest income grew from 1.91% to 2.38% to €1,546 million. In Portugal, the margin remained at 1.45% and made €671 million. Total commissions amounted to 574 million euros (an increase of 7.3%).Total […]
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