Portugal

Par valorem advances with cleaning of 1.8 billion euros in BPN toxic assets

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 21/10/2026, 06:26:25 UTC.

Briefings

The Parvalorem company, established in 2010 to manage toxic assets from the failed Banco de Oliveira e Costa, has advanced its liquidation process by removing approximately 1.8 million euros in problematic credits and real estate. The entity, nationalized in 2008, is preparing to close its doors following a nearly two-decade operation, with the article noting the conclusion of the liquidation process.

Key points

• Parvalorem, established in 2010, manages toxic assets from the failed Banco de Oliveira e Costa.
• The company has removed approximately 1.8 million euros in problematic credits and real estate.

Context

The Parvalorem vehicle, created in 2010 to administer the despojos of the nationalized Banco de Oliveira e Costa, has been preparing for liquidation for a long time. The article reports on the company's progress in this process.

Limitations

The article is exclusive to subscribers and does not provide full details on the liquidation timeline, specific asset types beyond credits and real estate, or the final date of the process.

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