Portugal to pump €6.6bn into three banks

Portugal is to inject more than €6.6bn into three banks to meet EU criteria.

Portugal to pump €6.6bn into three banks
Mon, 04 Jun, 2012 - 11:47

Portugal is to inject more than €6.6bn into three banks to meet EU criteria.

Private BCD and BPI banks and state-owned CGD will receive the injection to meet the European Banking Authority's capital requirements.

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