HomeEurope

Benfica president Rui Costa ‘blacklisted’ by Bank of Portugal over €20 million loan default

Europe 1 source 1 country 🔦 Under-reported 44m ago

Benfica president Rui Costa has reportedly been added to the Bank of Portugal’s Central Credit Register, commonly referred to as the banking system's blacklist. The action was taken following a default on a twenty million euro loan.

The Central Credit Register is a database managed by the Bank of Portugal that records information regarding credit defaults and the status of borrowers within the national banking system. The inclusion of Costa on this list stems directly from the unresolved multi-million-euro financial obligation.

In-depth summary · AI, neutral
Read the full story at the source Portugal Resident (Lisbon, Portugal) · PT
Get the news on TelegramTop stories & under-reported picks, straight to your feed — free. Join →