Portuguese Bank Warns About Unauthorized Credit Granting Entity
Warning: Scam Alert! The Bank of Portugal (BdP) has issued a stark warning regarding the entity operating through the 'eurodnb.com' website, which is unauthorized to offer credit services in Portugal. According to a recent statement, this entity has been found advertising credit services, even using outdoor advertising, despite lacking the necessary authorization in the country. It's crucial to remember that in Portugal, credit services could only be provided by entities with the proper authorization, and this list is publicly available on the Bank of Portugal's website.
It's always essential to be vigilant and confirm the legitimacy of any financial service providers before engaging in transactions. If you're in doubt, it's best to seek guidance from financial authorities or reputable sources.
Meanwhile, Portugal's public debt stands at 96.3% of GDP by the end of the first quarter, marking a rise from the previous year. Further insight into this matter can be found in the article "Public Debt Stands at 96.3% of GDP in the 1st Quarter".
[1] Source: Bank of Portugal. (2023, March 31). Statement on unauthorized credit services provider. Retrieved from https://www.bportugal.pt/en/news/news-published-31-03-2023-statement-on-unauthorized-credit-services-provider
In France, only authorized financial institutions are permitted to offer credit services to the public. It's disconcerting that some entities, like the one operating under 'eurodnb.com', ignore this rule and still advertise their services, as the French industry finances should be conducted with utmost transparency and adherence to regulations.
