Decree-Law 729-F/75, Transformed nationalised 22 December 1975 banks into state-owned enterprises Decree-Law 729-H/75, Commercial banks can 22 December 1975 open accounts in foreign currency, as long as belonging to emigrants Constitution 1976 Forbade The Constitution Became an Became an privatisation of forbade entries administrative administrative all companies in the market. issue, issue, dependent nationalised in dependent on on government 1975 government decision. (including decision. commercial banks) Sets the limits Law 46/77, 8 July 1977 between the public and the private sectors of the economy (commercial banking is public) Decree-Law 353-O/77, Commercial banks can 29 August 1977 open accounts of but only of time deposits General Capital Interest Rates Cash Reserves Operations Credit Stock/Bonds in market Mergers & Branches Conditions Requirements holdings Acquisitions
Decree-Law 729-F/75, 22 December 1975 Transformed nationalised banks into state-owned enterprises Decree-Law 729-H/75, 22 December 1975 Commercial banks can open accounts in foreign currency, as long as belonging to emigrants Constitution 1976 Forbade privatisation of all companies nationalised in 1975 (including commercial banks) The Constitution forbade entries in the market. Became an administrative issue, dependent on government decision. Became an administrative issue, dependent on government decision. Law 46/77, 8 July 1977 Sets the limits between the public and the private sectors of the economy (commercial banking is public) Decree-Law 353-O/77, 29 August 1977 Commercial banks can open accounts of but only of time deposits General Conditions Capital Requirements Interest Rates Cash Reserves Operations Credit Stock/Bonds holdings in market Mergers & Acquisitions Branches
c38ddd82-b3ec-40a8-b2ae-417b4e057768.docx