2021-03-10
Banco de Portugal issued Instruction No. 3/2021 to publish the maximum interest rates applicable to consumer credit contracts for the second quarter of 2021. This directive mandates compliance with the caps established under Decree-Law No. 133/2009 for credit institutions and financial companies. The regulation entered into force on April 1, 2021, and applies to all supervised entities offering consumer credit in Portugal.
Publishes, for the 2nd quarter of 2021, the maximum rates to be applied in consumer credit contracts under Decree-Law No. 133/2009 of June 2.
In force
2/2021 3rd Supplement
Law No. 5/98 of January 31, Art. 17; Decree-Law No. 133/2009 of June 2, Art. 28
Client, Contract, Consumer Credit, Consumer Defense, Member State, Third Countries, Bank Branch, Supervision, Conduct Supervision, Effective Annual Percentage Rate of Charge (APRC)
Instruction No. 14/2013 :: Decree-Law No. 133/2009 of June 2
10-03-2021
09-03-2021
01-04-2021
Credit Institutions, Finance Companies
Banks, Central Credit Agricultural Mutual Fund, Agricultural Credit Mutual Cash Boxes, Agricultural Credit Mutual Cash Boxes (not belonging to SICAM), Savings Banks, Mortgage Credit Institutions, Credit Financial Institutions, Factoring Companies, Mutual Guarantee Companies, Investment Companies, Leasing Companies, Credit Finance Companies
Conduct Supervision
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