Gonçalo Regalado | Interview with Jornal Económico

. 2026-01-09
In an interview with the Jornal Económico , Gonçalo Regalado reflects on a year marked by transformation, highlighting the results achieved, the impact on the economy and BPF’s role as a driver of growth, as well as the ambition to position the Sovereign Bank among Europe’s leading promotional banks.

Key messages highlighted by the CEO:
  • Results with real economic impact: in 2025, BPF injected €6.5 billion into the economy, supporting almost 17,000 companies and generating an impact equivalent to 2.2% of national GDP
  • Operational transformation: the simplification and digitalisation of processes made it possible to reduce response times, facilitate companies’ access to financing and improve the overall business experience
  • Closer ties with companies and commercial banks: the pre-approved guarantees model strengthened the relationship with companies and commercial banks, stimulating investment across the country and aligning financing more closely with the real needs of the economy
  • Future focus and new instruments:
    • A new Strategic Plan 2026–2028 – "Pulsar Portugal”, with the ambition to generate more than €30 billion of impact on the economy
    • Grouped bond issuances (Basket Bonds) with public guarantees for SMEs, starting in 2026
    • Strengthening support instruments for large companies, while maintaining a strong focus on the sustained growth of micro, small and medium-sized enterprises
    • Integration of SOFID and the Portuguese Export Credit Agency into BPF
    • Renewal of the BPF Advisory Board: bringing together leaders from banking and high finance, major business figures and founders of national groups, as well as entrepreneurs and start-up founders
  • European ambition: positioning BPF as a benchmark bank in Europe, with ambitious targets for growth, impact and leadership in supporting investment
  • A collective mission: BPF’s transformation journey is only possible thanks to the quality, commitment and dedication of the Bank’s people — a team driving change, with a clear mandate to build a sovereign, modern and impactful bank, serving companies, entrepreneurs and the country