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Portugal's Resolution Fund to borrow 475 mln euros to inject into Novo Banco

Portugal's Resolution Fund said it had agreed with a banking syndicate to borrow 475 million euros ($580.36 million) to shore up the capital of lender Novo Banco, which emerged from the ruins of the collapsed Banco Espirito Santo. ....

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Novo Banco CEO expects brighter future after deeper 2020 loss

Novo Banco CEO expects brighter future after deeper 2020 loss
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