The money network:

The money network:

Why crowdfunding threatens traditional bank lending

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June 1996

To stay or to go?


Foreign banks were attracted to Portugal by the infrastructure and privatization boom of the mid-1980s. Now they are finding the going much tougher. The battle to lend to large corporates has reached fever pitch and margins are so eroded that some players are having doubts about their future in the country. Nick Kochan reports


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