Regulatory Alerts2019-03-13
Instruction (Archive) No. 6/2019
Banco de Portugal issued Instruction No. 6/2019 to publish the maximum interest rates applicable to consumer credit contracts for the second quarter of 2019. This directive implements Article 28 of Decree-Law No. 133/2009 and applies to credit institutions and financial companies operating in Portugal. The rates became effective on April 1, 2019, and are based on the legal framework established by Law No. 5/98.
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