on time deposits Decree-Law 298/92, 31 Set by the - All of Forbidden to Dependent on Dependent on Dependent on Government credit acquire stock the authorisation the the December 1992 operations, of other firm in by the Bank of authorisation authorisation by including more than 15% Portugal. by the Bank of the Bank of leasing and of the capital Portugal. Portugal. factoring; and reserve of - Buying and the bank; and selling of forbidden to stock and have more bonds; than 25% of - Interbank the voting operations; rights of the - participated Participation firm. in the capital of companies; - Selling of insurance contracts Decree-Law 287/93, 20 Transformed the Caixa Geral August 1993 de Depósitos into a comercial bank, although owned by the State
on time deposits Decree-Law 298/92, 31 December 1992 Set by the Government - All of credit operations, including leasing and factoring; - Buying and selling of stock and bonds; - Interbank operations; - Participation in the capital of companies; - Selling of insurance contracts Forbidden to acquire stock of other firm in more than 15% of the capital and reserve of the bank; and forbidden to have more than 25% of the voting rights of the participated firm. Dependent on the authorisation by the Bank of Portugal. Dependent on the authorisation by the Bank of Portugal. Dependent on the authorisation by the Bank of Portugal. Decree-Law 287/93, 20 August 1993 Transformed the Caixa Geral de Depósitos into a comercial bank, although owned by the State