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Portugal
21 April 2020
State-Supported Bailout of Portuguese Airline TAP Could Have Chinese Funding
The Portuguese Government considers nationalising the company, where it already has half of the capital, but its private shareholders are pushing for a cash infusion, from a financial consortium which could have Chinese capital.
30 March 2020
BNU Macau “saved” a critical sale of 500 Chinese ventilators to Portugal
Last week, an order of 500 Chinese ventilators from Portugal was threatened by an offer from another country, but was saved "in extremis" by BNU bank in Macau.
26 March 2020
José de Mello Group takes on loan from Bank of China
Portuguese healthcare group José de Mello Saúde, which owns the private CUF hospitals and clinics has signed a financing agreement with the Bank of China in the amount of €33 million.
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