Banco Português de Fomento to fund Paris trip for advisory council

The state-owned Banco Português de Fomento (BPF) will fund a trip to Paris for its Strategic Advisory Council (CCE) and its executive commission president, Gonçalo Regalado. The council consists of 20 members from various professional sectors.

The trip is scheduled for September 19 and is intended to facilitate a meeting with the French sovereign bank Bpifrance. BPF stated the mission aims to strengthen economic cooperation between Portugal and France, mobilize investment, and share knowledge regarding business development financing.

When questioned about the total cost and the exact number of participants, BPF did not provide specific figures. The bank noted that such information will be included in its public annual report and maintained that all expenses follow principles of rationality and good management of public resources.