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Entities that are not authorised to grant credit: “PTSEDEX” e “EUCEDEX”

Banco de Portugal warns that the lending services published on the websites “PTSEDEX” e “EUCEDEX” do not belong to any entity authorised to carry out in Portugal financial activities subject to the supervision of Banco de Portugal, such as lending.

Lending, as set forth in Article 4 (1) (b) of the Legal Framework of Credit Institutions and Financial Companies (approved by Decree-Law No 298/92 of 31 December 1992), payment services and electronic money issuing, as set forth in Article 4 (f) and Article 2 (ff)  of the Legal Framework for Payment Services and Electronic Money, approved by Decree-Law No. 91/2018 of November 12,may only be performed by authorised undertakings, as laid down in Article 10 and Article11 and 12 of the above said Legal Frameworks.

The list of undertakings authorised to carry out lending payment services and electronic money issuing activities is available on Banco de Portugal´s website.