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Macau banks' profits shrink 16.3% until JulyPhoto by jazz4jess on Pexels
Business

Macau banks' profits shrink 16.3% until July

RTP Notícias7 September 2026 at 06:00

Macau banks obtained a profit of 6.33 billion patacas, equivalent to about 675 million euros, in the first seven months of the year. This value represents a significant decrease compared to the same period last year. Banking sector profits in Macau contracted 16.3% until July, reflecting performance below expectations. This drop in results comes in a challenging economic context for the region, affecting the profitability of financial institutions operating in the territory.

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