Portugal - The Banker

Big plans: Oriente Station in Lisbon is one of the world's largest stations, with 75 million passengers per year. Portugal's new government is implementing a huge infrastructure programme, including high-speed rail links

Portugal's traditionally cautious approach to banking with a strong leaning towards public investment is being recognised by other countries as an effective, if temporary, approach during the current downturn. Writer Peter Wise

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Although not caught at the epicentre of the financial hurricane, the Portuguese economy's hopes of an upturn after four years of slow growth have been hit by the global recession. However, the country's trade links with Africa and Latin America and its lack of subprime exposure are giving some cause for optimism. Writer Peter Wise

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In the wake of the global financial crisis, Portugal's leading banks are focusing on improving relations with both corporate clients and individuals, as well as expanding overseas, as a means to boost their ailing profit margins. Writer Peter Wise

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Miguel Athayde Marques, Euronext Lisbon

Global jitters and the escalating cost of financing have forced Portuguese banks to drastically alter their credit model. Writer Peter Wise.

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Portugal’s businesses have had to adjust to the financial climate change as the credit crunch makes itself felt, leaving simple funding a thing of the past. Writer Peter Wise.

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Just as the dust was settling on the chaotic attempted takeover of Banco BPI by Millennium BCP, the global credit crunch came along. Peter Wise reports on a tumultuous 18 months for Portugal’s banking sector.

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Ricardo Espírito Santo Salgado, Banco Espírito Santo’s (BES)

Peter Wise and Brian Caplen talk to chief executive Ricardo Espírito Santo Salgado about Banco Espírito Santo’s plans to expand further its well-established banking network in Portuguese-speaking countries.

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