Circular Letter No. CC/2024/00000050

Summary

Discloses the supervisory expectations of Banco de Portugal regarding minimum prudential coverage levels based on the holding period of real estate acquired through the repayment of own credit in the balance sheet.

Status

In force

Official Journal

11/2024 2nd Supplement

Publication Date

28-11-2024

Issue Date

27-11-2024

Recipient Type

Credit Institutions

Descriptors

Prudential Rules, Acquisition of Real Estate, Loan Repayment, Supervision, Accounting Information, Bank Branch, Information Provision

Recipients

Banks, Central Credit Cooperative Savings Bank, Agricultural Credit Cooperative Savings Banks, Savings Banks, Mortgage Credit Institutions, Credit Financial Institutions

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