Pedro Duarte on banking in Portugal | Banco Carregosa

World Finance interviews Pedro Duarte, CEO of Banco Carregosa, on the importance of maintaining the trust of their customers

July 2, 2012
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Transcript

Banco Carregosa is the oldest financial institution in the Iberian Pensinula, dating back to 1833. In that time it has evolved from a foreign exchange trading house, to a full service financial brokerage company, and today focuses exclusively on private banking. Pedro Duarte discusses the bank’s strong sense of heritage, the challenges faced by the Portuguese economy, and why having a small and stable group of shareholders helps the company maintain independence.