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Central Bank of São Tomé and Príncipe decides to close Banco Privado de STP

Central Bank of São Tomé and Príncipe decides to close Banco Privado de STP

The Central Bank of São Tomé and Príncipe (BCSTP) has cancelled the operation of the Banco Privado de São Tomé e Príncipe, BPSTP for “repeated breaches of the rules” and “credit portfolio degradation” – the governor, Hélio da Almeida, said on Thursday. According to the Governor of the BCSTP, the decision was taken by the […]

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