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Encyclopedia > Bank of Portugal
Bank of Portugal
Banco de Portugal (Portuguese)
Headquarters Lisbon
Established 19 November 1846
Governor Vitor Constâncio
Central Bank of Portugal
Website www.bportugal.pt
Preceded by Banco de Lisboa & Companhia de Confiança Nacional
Succeeded by European Central Bank (1999)

The Bank of Portugal (Portuguese: Banco de Portugal) is the central bank of the Republic of Portugal. Established by a royal charter of 19 November 1846 to act as a commercial bank and issuing bank, it came about as the result of a merger of the Banco de Lisboa and the Companhia de Confiança Nacional, an investment company specialised in the financing of the public debt. The bank issues legal tender that is designated as the national currency - the real until 1911, the escudo from 1911 until 1998, and the euro since 1999. Location    - Country Portugal    - Region Lisboa  - Subregion Grande Lisboa  - District or A.R. Lisbon Mayor Carmona Rodrigues  - Party PSD Area 84. ... November 19 is the 323rd day of the year (324th in leap years) in the Gregorian Calendar. ... 1846 was a common year starting on Thursday (see link for calendar). ... Vítor Manuel Ribeiro Constâncio (born Lisbon, 1943) is a Portuguese politician and economist. ... A website (or Web site) is a collection of web pages, images, videos and other digital assets and hosted on a particular domain or subdomain on the World Wide Web. ... Headquarters Frankfurt, Germany Established 1 January 1998 President Jean-Claude Trichet Central Bank of Austria, Belgium, France, Finland, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain Currency Euro -ISO 4217 Code EUR Reserves >€4 billion Base borrowing rate 4. ... November 19 is the 323rd day of the year (324th in leap years) in the Gregorian Calendar. ... 1846 was a common year starting on Thursday (see link for calendar). ... Legal tender or forced tender is payment that cannot be refused in settlement of a debt denominated in the same currency by virtue of law. ... 1911 (MCMXI) was a common year starting on Sunday (link will display the full calendar). ... The escudo was the official currency of Portugal prior to the introduction of the euro in 1 January 1999 (euro coins and notes were not introduced until 2002). ... 1911 (MCMXI) was a common year starting on Sunday (link will display the full calendar). ... 1998 (MCMXCVIII) was a common year starting on Thursday of the Gregorian calendar, and was designated the International Year of the Ocean [1]. // Coated in ice, power and telephone lines sag and often break, resulting in power outages. ... ISO 4217 Code EUR User(s) Andorra, Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Kosovo, Luxembourg, Monaco, Montenegro, the Netherlands, Portugal, San Marino, Slovenia, Spain, Vatican City Inflation 1. ... 1999 (MCMXCIX) was a common year starting on Friday, and was designated the International Year of Older Persons by the United Nations. ...


Following its nationalisation in September 1974 and its new Organic Law (1975), the Banco de Portugal was, for the first time, responsible for the supervision of the banking system. 1974 (MCMLXXIV) was a common year starting on Tuesday. ... 1975 (MCMLXXV) was a common year starting on Wednesday. ...


It is an integral part of the European System of Central Banks, which was founded in June 1998. The European System of Central Banks (ESCB) is composed of the European Central Bank (ECB) and the national central banks (NCBs) of all 25 EU Member States. ...


The current governor is Vitor Constâncio. Vítor Manuel Ribeiro Constâncio (born Lisbon, 1943) is a Portuguese politician and economist. ...


See also

Portugal is a burgeoning capitalist economy with a per capita gross domestic product two-thirds that of the four big Western European economies. ... ISO 4217 Code EUR User(s) Andorra, Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Kosovo, Luxembourg, Monaco, Montenegro, the Netherlands, Portugal, San Marino, Slovenia, Spain, Vatican City Inflation 1. ... The escudo was the official currency of Portugal prior to the introduction of the euro in 1 January 1999 (euro coins and notes were not introduced until 2002). ... Artur Virgílio Alves dos Reis (b. ...

External link

  • (Portuguese) (English) Banco de Portugal

  Results from FactBites:
 
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Portugal is a nation and sovereign state whose continental part is located in the southwestern extremity ok Europe, and it currently keeps the oldest state borders in the entire European continent.
Portugal is roughly shaped like an upright rectangle, with a maximum north to south length of 561 Km, and a maximum east to west width of 218 Km.
Portugal's location on the "Atlantic façade" of Europe, and on its western-most extreme, places it in a central position in relation to the Atlantic, which gives it natural conditions of climate, vegetation and coastline that are extremely favourable to tourism activity.
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