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Banco Comercial Português, S.A. informs about estimated provisions against legal risk related to FX mortgage loans portfolio booked by Bank Millennium, S.A. in 3Q 2025
Globenewswire·2025-10-08 19:55

Core Insights - Banco Comercial Português, S.A. has announced estimated provisions related to legal risks associated with the foreign exchange mortgage loans portfolio of Bank Millennium, S.A. for the third quarter of 2025 [1] Group 1: Legal Risks - The provisions are specifically aimed at addressing legal risks that have emerged from the foreign exchange mortgage loans [1] - The announcement indicates a proactive approach by Banco Comercial Português in managing potential financial impacts from legal challenges [1] Group 2: Financial Implications - The estimated provisions are expected to affect the financial statements of Banco Comercial Português, reflecting the anticipated costs associated with the legal risks [1] - This move may influence investor sentiment and market perception regarding the stability and risk management practices of the involved banks [1]