The data comes from Banco de Portugal, which highlights that this stock of individual deposits represents a growth of 5% compared to April 2023, that is, it is the highest growth rate since December 2022.
“These deposits have, since the beginning of the year, shown a higher growth rate than loans, which has not happened since January 2023”, highlights the Bank of Portugal.
Wouldn't this be a natural consequence of the income tax reimbursement, which for many happen already in April?
By Diogo F. from Lisbon on 30 May 2024, 11:31