Regulatory Alerts2024-03-06
Instruction (Historical) No. 3/2024
The Bank of Portugal issued Instruction No. 3/2024 to publish the maximum interest rates applicable to consumer credit contracts for the second quarter of 2024 under Decree-Law No. 133/2009. This directive mandates that credit institutions and financial companies adhere to these specific rate caps effective from April 1, 2024. The instruction serves as a regulatory update to ensure compliance with consumer credit pricing standards during the specified period.
Share