Legal risk provisions

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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 2Q 2025
Globenewswire· 2025-07-07 21:52
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 second quarter of 2025 [1] Group 1 - The provisions are specifically aimed at addressing legal risks that may arise from the FX mortgage loans [1] - The announcement indicates a proactive approach by Banco Comercial Português in managing potential legal challenges [1] - The estimated provisions are expected to impact the financial statements of Banco Comercial Português in the upcoming quarter [1]