Novobanco puts Vieira's assets and loans up for sale to stop 400 million gap
Business

Novobanco puts Vieira's assets and loans up for sale to stop 400 million gap

SAPO Notícias27 August 2026 at 07:44

Novobanco has launched through consulting firm KPMG "Project Horizon", a market operation to sell assets and credits associated with Vieira, the former president of Benfica, in an effort to close a financial gap estimated at 400 million euros. The bank expects to receive binding offers by October for the problematic assets.

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