Entity that is not authorised to grant credit, carry out credit intermediation or provide advisory services for credit agreements - “Socio Bank Finance”
1. Banco de Portugal warns that the entity operating under the name “Socio Bank Finance”, through the website https://socio-bank-finance.com/, is not authorised to carry out in Portugal any financial activity subject to the supervision of Banco de Portugal, such as lending, intermediation or advisory services related with credit agreements.
2. Lending, as set forth in Article 4 (1) (b) of the Legal Framework of Credit Institutions and Financial Companies (RGICSF, approved by Decree-Law No 298/92 of 31 December 1992), credit intermediation activities and the provision of advisory services for credit agreements, as set forth in article 4 of the legal framework of credit intermediaries approved by Decree-Law No. 81-C/2017 of 7 July 2017, may only be performed by authorised undertakings, as laid down in article 10 of the RGICSF and in articles 5 and 7 of the framework applicable to credit intermediaries.
3. The lists of undertakings authorised to carry out lending activities, act as credit intermediaries and provide advisory services related with credit agreements are available on Banco de Portugal’s website www.bportugal.pt.