Economy

CTT to sell majority stake in its bank

CTT is seeking a new buyer for a controlling interest in Banco CTT after negotiations with the Spanish group Cajamar fell through. The postal company intends to remain a shareholder and commercial partner of the bank following the sale.

Why it matters

If you are a Banco CTT customer, this indicates a significant change in the bank's ownership and future management, though your existing accounts and services remain unchanged for now.

Expresso· 9h agoRead original ↗

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Correio da Manhã· 6h agoRead original ↗

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Practical alerts

Media-reported alerts

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