The bank Bankinter has acquired part of the Barclays operation in Portugal and doubled its share of the domestic market in a bid to increse its role in corporate loans and housing. Bankinter’s chief executive Maria Dolores Dancausa said that the company’s market share in Portugal is currently 5 percent, but plans to double this and to grow its share of revenues to 15 percent with growth concentrate in loans to businesses and housing. Also Carlos Brandão, head of operations in the Portuguese market, said that the purpose of Bankinter in Portugal is “growing within its natural share” and that the bank aims to increase its exposure to housing loans to 7 percent.
