The five largest banks operating in Portugal have restructured more than 30,000 home loans, including in accordance with a government decree requiring banks to do so for families who are in difficulty due to higher interest rates.
According to a survey conducted by Lusa, between announcements made at the press conference or written response, banks have restructured 31,350 mortgages.
Caixa Geral de Depósitos (CGD) was the one who rescheduled most of the loans, with state bank president Paulo Macedo pointing out at a press conference to present this year’s first quarter results that there were about 8,900 restructurings. carried out, of which 900 in accordance with the decree-law in question.