The state injected 2.26 billion euros into Banif in December to cover future contingencies as part of a deal in which Santander bought the bank’s business and non-problematic assets for 150 million euros. A subsidiary of Reuters , has said that it bought €1.77bn ($ 1.77 billion euros ) in Portuguese medium-term notes this week as part of a deal agreed with Spain to capitalise troubled bank Banif. It denies reports that it bought the debt in this week when Portuguese bond yields spiked to their highest since 2014 .
A subsidiary of Reuters , has said that it bought €1.77bn ($ 1.77 billion euros ) in Portuguese medium-term notes this week as part of a deal agreed with Spain to capitalise troubled bank Banif. It denies reports that it bought the debt in this week when Portuguese bond yields spiked to their highest since 2014 .