President Montepio: “BCP could be a protagonist of the consolidation movement” – Jornal de Negócios – Portugal

The president of Caixa Económica Montepio Geral argues that the sale of New Bank should be harnessed to promote consolidation of operations in the Portuguese banking and the BCP can be one of the protagonists of this movement

“I think it might be room for some financial concentration and we have to be open to what will happen, “said José Félix Morgado in an interview with public, arguing that” we have to be imaginative to try to get solutions and take advantage of the new Bank to solidify the sector and give a greater role to national shareholders and so there is some sector concentration movement. “