In an interview with Advocatus, Francisco Soares Machado, partner at Sérvulo & Associados, analyses the current moment in the Portuguese financial sector, considering it very positive, with high levels of capital, liquidity, record profits and low impairment. The former European Investment Bank advisor and Ministry of Finance staffer argues that bank performance results from both favorable cyclical factors and the merit of their management teams. He identifies challenges such as digital transformation, payment fraud and European regulation, but believes banking will continue to be at the core of the system. He points to opportunities for investors in closing banking positions and in debt funds, alternative asset management and financing of energy transition projects, highlighting that Portugal has competitive conditions in these segments, although the fund market is still small compared to other European countries.
Eco05/09/26, 17:28