Miguel Maia
Chief Executive Officer
Replay available
Banco Comercial Português (OTC: BPCGF) Q4 2025 earnings conference call, held 2026-02-26. Replay captured from the company's public earnings webcast.

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WEBVTT 00:00:00.031 -- 00:00:06.037 Good day and thank you for standing by. Welcome to Millennium BCP full year 2025 00:00:06.037 -- 00:00:10.843 earnings conference call and webcast. At this time, all participants are in a listen-only 00:00:10.843 -- 00:00:15.628 mode. After the speaker's presentation, there will be a question and answer session. 00:00:15.628 -- 00:00:20.653 To ask a question during the session, please press star 1 1 on your telephone. 00:00:20.653 -- 00:00:24.257 You will then hear an automated message advising your hand is raised. 00:00:24.257 -- 00:00:27.723 To withdraw your question, please press star 1 1 again. 00:00:27.723 -- 00:00:30.887 Please note that today's conference is being recorded. 00:00:30.887 -- 00:00:33.610 I would now like to turn the conference over to your speaker, Mr. 00:00:33.610 -- 00:00:37.295 Miguel Maia, CEO. Please go ahead. 00:00:37.295 -- 00:00:41.840 Good afternoon. Miguel Maia speaking. Welcome to BCP earnings conference call. 00:00:41.840 -- 00:00:46.426 As usual, I will go through the highlights of our performance, followed by Miguel Braganza, 00:00:46.426 -- 00:00:52.172 who will provide further details. From a macroeconomic perspective, 2025 00:00:52.172 -- 00:00:57.383 proved to be a complex year. Ongoing conflicts and economic climate shaped by the 00:00:57.383 -- 00:01:03.291 impact of geopolitical tensions continue to have a relevant repercussions on global . 00:01:03.291 -- 00:01:07.856 On Europe, the economy's performance exceeded initial expectations with the Eurozone 00:01:07.856 -- 00:01:13.223 showing signs of transition from a stagnation to a slow recovery within a framework 00:01:13.223 -- 00:01:16.947 of controlled prices and a less restrictive monetary policy. 00:01:16.947 -- 00:01:21.714 Of partic...