CTT Bank income rises 8.1% to EUR 74.1 million
At the end of June, the number of billings in order was 698.8 thousand, an annual increase of 0.7%.
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Summary
At the end of June, the number of billings in order was 698.8 thousand, an annual increase of 0.7%. "It should be noted that in May 2026, Banco CTT closed 19.7 thousand accounts in order, in accordance with the new regulations of Banco de Portugal concerning the cancellation of accounts that remain inactive for 24 months or more," the CTTs said. The cost of risk improved slightly to 0.9% in the second quarter, benefiting from credit recoveries.
Furthermore, The transformation ratio was 47.2% in the quarter.
Cross-referenced from 3 sources.
Factual coreconfirmed by several independent voices
At the end of June, the number of billings in order was 698.8 thousand, an annual increase of 0.7%.
reliability low1/3 sources"It should be noted that in May 2026, Banco CTT closed 19.7 thousand accounts in order, in accordance with the new regulations of Banco de Portugal concerning the cancellation of accounts that remain inactive for 24 months or more," the CTTs said.
reliability low1/3 sources
Reported detailssecondary facts, each attributed to its source
The cost of risk improved slightly to 0.9% in the second quarter, benefiting from credit recoveries.
according to Jornal EconómicoThe transformation ratio was 47.2% in the quarter.
according to Jornal Económico
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