The Banco de Portugal (English: Bank of Portugal) is the central bank of the Portuguese Republic. The bank was founded by royal charter in 1846, during the reign of Queen Maria II of Portugal, by a merger of the Banco de Lisboa (Bank of Lisbon), the first bank founded in Portugal, and the Companhia Confiança Nacional (National Insurance Company), making it one of the oldest banks in continuous operation in the world. It is a full member of the Eurosystem and the European System of Central Banks. Until January 1999, when Portugal adopted the euro, the bank was responsible for the former Portuguese currency, the escudo. More information...
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