Banco de Portugal

Banco de Portugal
(Bank of Portugal)
HeadquartersLisbon, Portugal
Coordinates38°42′31″N 9°08′17″W / 38.708729°N 9.138148°W / 38.708729; -9.138148
Established19 November 1846; 178 years ago (1846-11-19)
Ownership100% state ownership[1]
GovernorMário Centeno[2]
Central bank ofPortugal
Reserves4 980 million USD[1]
Preceded byBanco de Lisboa
Companhia de Confiança Nacional
Succeeded byEuropean Central Bank (1999)1
Websitewww.bportugal.pt Edit this at Wikidata
1 The Bank of Portugal still exists but many functions have been taken over by the ECB.

The Banco de Portugal (English: Bank of Portugal) is the Portuguese member of the Eurosystem and has been the monetary authority for Portugal from 1846 to 1998, issuing the Portuguese escudo. Since 2014, it has also been Portugal's national competent authority within European Banking Supervision.[3] The bank was founded by royal charter in 1846, during the reign of Queen Maria II of Portugal, by a merger of the Banco de Lisboa [pt], the first bank founded in Portugal, and insurer Companhia Confiança Nacional.

  1. ^ a b Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
  2. ^ "Centeno official and the new governor of the Bank of Portugal". jornaleconomico.sapo.pt. Archived from the original on 20 July 2020. Retrieved 20 July 2020.[title missing]
  3. ^ "National supervisors". ECB Banking Supervision.