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The 59 days that changed Banif

Os 59 dias que mudaram o Banif

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  • Title: The 59 days that changed Banif
  • Language: Portuguese
  • José Alves (Full infographic)
  • Paulo Pena (Text)

From the birth of the bank to bankrupt.
Since the foundation of the bank to its end, it was just under 28 years. There are three key periods in this story. When Vítor Gaspar, convinced by the Bank of Portugal, injects more than a billion in public capital, in practice nationalizing the bank in December 2012; the long hiatus in which they are made and remade eight versions of the restructuring required by Brussels; and finally, the decisions that forced the resolution. This was the sequence of events.

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