Banco de Portugal - Citizendia

Banco de Portugal

Bank of Portugal branch in Oporto

Headquarters

Established

Governor

Central Bank of

Preceded by

Banco de Lisboa & Companhia de Confiança Nacional

Succeeded by

European Central Bank (1999)¹

¹ The Bank of Portugal (Banco de Portugal) still exists but many functions have been taken over by the ECB. Lisbon (Lisboa liʒˈboɐ is the Capital and largest city of Portugal. Portugal, officially the Portuguese Republic (República Portuguesa is a country on the Iberian Peninsula. Events 1095 - The Council of Clermont, called by Pope Urban II to discuss sending the First Crusade to the Holy Land For the game see 1846 (board game. Year 1846 ( MDCCCXLVI) was a Common year starting on Thursday (link will display Vítor Manuel Ribeiro Constâncio, GCC, GCIH (born Lisbon, October 12, Portugal, officially the Portuguese Republic (República Portuguesa is a country on the Iberian Peninsula. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages The European Central Bank (ECB is one of the world's most important Central banks responsible for Monetary policy covering the 15 member countries of the

The Banco de Portugal is the central bank of the Republic of Portugal. A central bank, reserve bank, or monetary authority is the entity responsible for the Monetary policy of a country or of a group of member states Portugal, officially the Portuguese Republic (República Portuguesa is a country on the Iberian Peninsula. 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. Events 1095 - The Council of Clermont, called by Pope Urban II to discuss sending the First Crusade to the Holy Land For the game see 1846 (board game. Year 1846 ( MDCCCXLVI) was a Common year starting on Thursday (link will display 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. Legal tender or forced tender is Payment that by Law, cannot be refused in settlement of a Debt ( Debtor cannot successfully be sued The real (meaning "royal" plural réis was the unit of Currency of Portugal from around 1430 until 1911 The escudo was the Currency of Portugal prior to the introduction of the Euro on 1 January 1999 and was removed from circulation on Please update other articles as well to avoid contradiction within Wikipedia e

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.

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 27 European

The current governor is Vitor Constâncio. Vítor Manuel Ribeiro Constâncio, GCC, GCIH (born Lisbon, October 12,

External links

Official website of Banco de Portugal

The Economy of Portugal is a high income market Economy. The Global Competitiveness Report for 2005, published by the World Please update other articles as well to avoid contradiction within Wikipedia e The escudo was the Currency of Portugal prior to the introduction of the Euro on 1 January 1999 and was removed from circulation on Artur Virgílio Alves dos Reis (b in Lisbon September 3 1898 - July 1955 was a Portuguese criminal who perpetrated one of the largest Frauds in history

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See also

External links