Portuguese banks boosted by stronger economy, NPL sales ahead of MREL build-out

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Portuguese banks boosted by stronger economy, NPL sales ahead of MREL build-out

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BJ39KW Portuguese flag, Portugal and the Euro | Alamy Stock Photo

Portuguese banks are preparing to build towards their minimum requirements for own funds and eligible liabilities (MREL), having been lifted by an encouraging year in terms of non-performing loan disposals and by a strong performance in the domestic economy.

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