It was a lively morning for BCP this Thursday at the Lisbon Stock Exchange. The bank led by Miguel Maya started the session timidly higher, at 0.78%, but rose in the first hour of trading by more than 3%. At 9:40 am it was stable at 2.49% positive, the share price at 0.1317 euros.

On Wednesday, the CEO of the Polish bank BCP gave an interview to the agency The country’s news agency, PAP. This was confirmed by Joao Bras Jorge Millennium Bank continues to work to reach out-of-court agreements with its clients regarding mortgage loans granted in foreign currency, in particular the Swiss franc.

In the case is a decision The European Court of Justice ruled, in 2019, that clients of Polish banks could ask the courts to sign their housing loan contracts in 2008 and convert them in Swiss francs to local currency.

Here, last Friday, Miguel Maya sent a letter to all bank employees indicating that the company will formally proceed with the procedures for mass dismissal of 62 workers, who will join those who have already left under the company’s agreement. BCP announced in June that it wanted to cut 800 to 1,000 jobs. At the end of the semester, the group was employing 6,937 people in Portugal and nearly 10,000 in total, including the Polish bank.